Gold Trading Fibonacci Retracement Indicator
To get Fibonacci Retracement indicator settings on the MT4 platform, you can use the following xauusd step by step lesson:
1. Click "Insert Menu"2. Click 'Fib'3. Click 'Retracement'
Fibonacci Retracement Settings - Fibonacci Retracement Technical Indicator
After adding Fib Retracement Technical Indicator tool on the MT4 platform the indicator is shown on the xauusd example shown below - this Fibonacci retracement technical indicator can then be accessed from 'MetaTrader 4 Line Studies Tool Bar' as shown on the xauusd example shown below. Traders can then place this Fibonacci Retracement Technical Indicator on the xauusd chart and change the Fibonacci Retracement Technical Indicator Settings by Right Clicking on this indicator on the MetaTrader 4 Platform and then select indicator properties and then change the Fibonacci Indicator settings from the properties popup window that appears.
How to Draw Fib Gold Indicator Tool on MT4 XAUUSD Charts
This Fib Retracement indicator is located on MetaTrader 4 (Line Studies Tool-bar), to navigate to this line studies toolbar click 'View' button at the tops left corner of MT4 platform next to file, then click the 'Toolbars', Then Check 'Line Studies'.
