How to Add the Exact Forex Price to Fibonacci Retracement Levels - Metatrader 4 Tutorial

See the exact Fibonacci retracement level price on your Forex Fibonacci indicator. If you use Fibonacci retracement levels, wouldn't it be nice to be able to see the EXACT price that the 50% retracement (or any other) is at? This quick Metatrader 4 tutorial teaches you the one trick you need to be able to see the prices at a glance instead of having to use the crosshair to get the price of all the retracement levels. In the past, I used to frustrated because I would have to look up Fibonacci levels manually on my Forex charts. This seems like a small thing, but when you have to look up dozens of Fibonacci retracements every night, the time can add up. Why not have the Metatrader 4 indicator do all the work for you and print the price of the currency pair, as soon as you draw the trading indicator on price action? Luckily, Metaquotes has built this function into the trading platform, but not many Forex traders know that it exists. Make your life easier and use this simple, but powerful trading tool. Read the complete blog post: http://www.tradingheroes.com/metatrader-tutorial-adding-price-levels-to-fibonacci-retracement-lines/ For more videos, subscribe to the YouTube channel: https://www.youtube.com/user/tradingheroes Watch this video on YouTube: https://www.youtube.com/watch?v=IYepEFFrBtI Fibonacci Retracement definition: http://www.investopedia.com/terms/f/fibonacciretracement.asp Fibonacci level tool documentation for Metatrader 4: https://ta.mql4.com/linestudies/fibonacci_retracement

Comments

1. Nice trick - thanks ! Any chance you know of a way to get more advanced Fib retracements and extension tools into MT4? The built in tool is very limited .. can't change individual colors, no default settings and no guiding lines to place the tool. Thanks !
2. Hi, not too sure what it could be. Under 'Level' be sure that you are using decimals instead of the whole numbers. For example, use 0.38 instead of 38. If that is the case, then the level could be there, but so far away that you cannot tell. Other than that, I don't have any other ideas. You could try uninstalling MT4 and reinstalling. Sorry I couldn't be much more help.
3. Cool, glad it helped!
4. unbelievable !!! i've been willing to pay alot of money to some MQL4 programmer in order to do only that until i found your video ! Thank a lot - that was very helpfull