BABYPIPS - ELEMENTARY - Fibonacci, MACD

Just want to let you guys know that the Fibonacci Extension Tool in MT4 is called the Fibonacci “Expansion” tool, also the levels will differ and you will have to input them yourselves like I have done.

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The “@ %$” Displays the current price.

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You will have to do the same for the Fibonacci Retracement too.

THE MACD.

The MACD provided with MT4 is modified. To get the same MACD you get in your Babypips course, download the one I have attached and paste it into MQL4>INDICATORS

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Click Open Data Folder > MQL4 > Indicators
Paste this indicator into there and restart MT4.

Real MACD MT4 Indicator.ex4 (3.3 KB)

Hope this helps :slight_smile:

Thanks for providing this useful information, a lot of new traders have been stuck especially with the MACD