Adjusting Fibs in MetaTrader 4

 

It has come to my attention that MetaTrader 4 handles and plots fibs a bit differently than other popular platforms such as eSignal, VT Trader, TradeStation, etc.

The attached document will show you how to customize fibonacci settings within MT4 so that both extentions and retracements get plotted at the same time (and as an added bonus, the retracements will also not be labeled backwards as they usually are).

If for some reason the attachment doesn't work, you can also download the file from https://www.mql5.com/go?link=http://fx-knight.com/smForum/index.php?topic=11.0

I hope this helps clear up some of the confusion!

Good trading,

-=Black Knight

www.fxKnight.com

Files:
Fibo.pdf  237 kb
 

Great pdf and those extensions will come in very useful in the future. Thanks

 

Good stuff Black_Knight ...

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