Draw Fibonacci channel | FXON™

Draw Fibonacci channel

EA, indicators & objects (Mobile & tablet)

EA, indicators & objects (Mobile & tablet)

Draw Fibonacci channel

This article was :

published

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Here we'll look over the steps on how to display the Fibonacci channel on the chart in MetaTrader4 (MT4) / MetaTrader5 (MT5) app for Android and iOS mobile devices. Fibonacci channel uses the trendline and creates parallel channel lines using the Fibonacci ratio. Use these lines to predict support and resistance levels and to determine a take-profit level after a channel breakout.

mt4

mt5

iPhone
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Chart" on the bottom navigation bar.

Step 1

Step 2

Tap the "Objects" icon at the top.

Step 2

Step 3

Tap "Add Object".

Step 3

Step 4

Tap "Fibonacci Channel".

Step 4

Step 5

Tap at the starting point and move the end point to adjust the position.

Step 5

Step 6

To fix the Fibonacci channel, tap on the line to hide the dots.

Step 6

Android
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Chart" on the bottom navigation bar.

Step 1

Step 2

Tap on the chart.

Step 2

Step 3

Tap the "Objects" icon.

Step 3

Step 4

Tap the "+" button in the top right corner.

Step 4

Step 5

Tap "Fibonacci Channel".

Step 4

Step 6

Tap the starting point and drag to the position of the endpoint.

Step 5

Step 7

To fix the Fibonacci channel, tap around the line with three black dots to hide them.

Step 6

iPad
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap the "Objects" icon on the left.

Step 1

Step 2

Tap "Add Object".

Step 2

Step 3

Tap "Fibonacci Channel".

Step 3

Step 4

Tap the starting point and drag to the position of the endpoint.

Step 4

Step 5

To fix the Fibonacci channel, tap around the line with three red dots to hide them.

Step 5

Android tablet
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap on the chart.

Step 1

Step 2

Tap the "Objects" icon.

Step 2

Step 3

The list of objects on the chart will be displayed. Tap "+" in the top right corner.

Step 3

Step 4

Tap "Fibonacci Channel".

Step 3

Step 5

Tap the starting point and drag to the position of the endpoint.

Step 4

Step 6

To fix the Fibonacci channel, tap around the line with three black dots to hide them.

Step 5

iPhone
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Chart" on the bottom navigation bar.

Step 1

Step 2

Tap the "Objects" icon at the top.

Step 2

Step 3

Tap "Add Object".

Step 3

Step 4

Tap "Fibonacci Channel".

Step 4

Step 5

Tap at the starting point and swipe to the end point to adjust the position.

Step 5

Step 6

In the menu that appears after swiping, you can also change the line's color, thickness, and style.

Step 6

Step 7

To fix the Fibonacci channel, tap on the line to hide the dots.

Step 7

Android
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap "Charts" on the bottom navigation bar.

Step 1

Step 2

Tap on the chart.

Step 2

Step 3

Tap the "Objects" icon.

Step 3

Step 4

Tap the "+" icon at the top.

Step 4

Step 5

Tap "Fibonacci Channel".

Step 5

Step 6

Tap at the starting point and move the end point to adjust the position.

Step 6

Step 7

To fix the Fibonacci channel, tap on the line to hide the dots.

Step 7

iPad
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap the "Objects" icon on the left.

Step 1

Step 2

Tap "Add Object".

Step 2

Step 3

Tap "Fibonacci Channel".

Step 3

Step 4

Tap at the starting point and swipe to the end point to adjust the position.

Step 4

Step 5

In the menu that appears after swiping, you can also change the line's color, thickness, and style.

Step 5

Step 6

To fix the Fibonacci channel, tap one of the lines with red dots to hide them.

Step 6

Android tablet
Scroll horizontally to see moreSwipe horizontally to see more

Step 1

Tap on the chart.

Step 1

Step 2

Tap the "Objects" icon.

Step 2

Step 3

Tap the "+" icon at the top.

Step 3

Step 4

Tap "Fibonacci Channel".

Step 4

Step 5

Tap at the starting point and move the end point to adjust the position.

Step 5

Step 6

To fix the Fibonacci channel, tap on the line to hide the dots.

Step 6

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