Hello family,
I Will be greatfull if someone can help me to know the answer of my question:
I use MT4,How can i draw line between two Point and show fib number?
For example i found this image with dot line and show fib 0.382 but can’t do it with mt4:-(
Usually with drawing a fib you start with the latest swing high and swing low, so you can measure the probability of the next retracement.
Which swing is the start depends if the move is long or short.
In mt4 there should be a button for the fib, then when you mouse over the screen, where you click is the start, then you drag the mouse to the next point. The first and second points should be swing high/swing low.
There are fib retracement ,Expainsion,fan and arcs these all fib i found on mt4! i’m looking for fib [U]single line between 2 point not fib levels![/U].
As I Showen in previous image
Thanks
A single line between two points isn’t a fib then. I don’t understand why you would want to draw a fib that doesn’t show the fib levels, as you need to those to trade off of fib levels.
That might be a custom indicator that you draw the line and it shows the the fib numbers. Maybe you should ask whoever it is generated the graphic image you showed.
Hey Guys,
I am new here and saw this thread, I am also having trouble with this issue. This is a huge help for a stater like me.
Hope to learn a lot from this forum.
Thanks guys.
You image shows a fibonacci FAN. To draw them, click on [B]Insert[/B] from your MT4 menu options at the top of the window. Then select [B]Fibonacci[/B], then [B]Fan[/B]. Click on the first point and drag the line to the 2nd point.
To change the line formats, you can double click on the line and 3 dots should appear…at each point and in the middle. Right click on the line to open the properties box. Then you can change the line properties from dashed to dotted, the colors, the fib levels you want to use, etc.
Hope that helps 
Thanks sweet pip,But not really what i want.Do you see that dash line drew by fib fan that what i’m asking about! not other three line drew by fib fan.
Anyone can help in that will be real greatfull
Thanks
Sorry your origingal post is not very clear as to what you want when you post a pic of something you don’t want…lol
So you only want a line …no fibs whatsoever? Then just use your trendline drawing tool which if not showing on your toolbar is accessed by going to View, Toolbar, Line studies. Then click on the diagonal line button and click and drag your line from point to point. Again you can change your line format to dotted, dashed solid etc.
Here it’s want i want in below image dash line with Number between AC.How drew that line “dash ot whatever” but show Value number Which is what i looking for!
Ok now we’re getting somewhere lol…that’s the ZUP indicator…which is like a ZigZag indicator and shows the fib levels between swing highs & lows, as well as detecting & painting butterfly’s and gartleys.
Now there are several versions of it and I have about 3…which one would you like? 
I’ve included all 4 that I have…after looking a little closer at your pic, it’s hard to know if the indicator put those ABC’s in there or if they were added manually with a text editor etc…, and the .886 is a little larger than the default font size this indicator uses, so it’s hard to know for sure if that pic is using the ZUP indicator or some other custom indicator, but this indicator will give you those values.
ZUP_v78[1].zip (172 KB)
Cool we getting close now i want drew that line by whatever tool In mt4 or anyplatform can i do that?How?
Thanks
Sweet pip
Have you try to drew that line by yourself use whatever tools?
That what i want to do.Any idea?
Thanks
I just added the indicator to my prior post.
-Click on the attachment and open the zip file.
-Then double click on the indicator (yellow triangle with exclamation sign) and it will ask if you want to open the file. You may need to have metaeditor open and it will open the source code.
-Once it’s in metaeditor, File Save to your mt4’s indicator folder, and then click on the Compile button.
(This way you d�n’t have to close and re-open mt4 to get the indicator to show up in your custom indicators list.)
Now go back to MT4 and when you find and double click on it to apply it to your chart, first you will have to check the Allow DLL box in the Common tab.
Let me know if you have any difficulties.
Nope, there’s no tool in mt4 to draw what you want…it has to be custom, and this is the closest indicator I know of so far.
Thanks sweet pip
You never try drew it by your self in mt4 or any platform?
there must by a way to do that, If you do it please let me know
The closest thing I use is the Fib Retracement drawing tools to draw it manually, but it doesn’t put the fib retracment number on a nice trend line connecting the swing points like your picture, and this ZUP indicator, does.
I’m just going to check something…be right back…
Ok, may take awhile to get an answer to a question I asked over on the 30 Pips a Day thread… wrtm has charts that show what you’d like (I think lol) which doesn’t look like MT4 and thinking maybe it’s a tool they provide with that platform.
ok
There is must be away to do so…
I also will keep looking for solution
Ok then…keep checking for a reply to my question on this thread for a possible solution…
http://forums.babypips.com/forextown/21934-30-pips-day-keeps-your-money-bay.html