Fibonacci extensions in MT4

posth173 · April 4, 2011, 7:56am

Hey there,
I’m a newbie and now in the babypips school (elementary) to learn. Now when I’m trying to draw the fibonacci extension thing, I can’t find it MT4 so I was wondering what program babypips.com uses. (as I can see from the screenshots it’s not the MT4 I have) I did find the fibonacci retracement. Thanks for the reply!

proinvest · April 4, 2011, 11:49am

expansion or extension…?

simbafx · April 4, 2011, 3:19pm

The extensions use the same indicator. It just needs to be applied in reverse.

DRA · April 4, 2011, 4:57pm

you can edit the values/levels so that you wont have to “apply it in reverse”.