4m 4s: Lenght

http://www.tradingheroes.com/ The default Fibonacci tool in MT4 can be so much more. After watching this video, you will understand how to use it to its full potential. There are basically three things you can do, to make it the ultimate trading tool. Fibonacci Retracements This one is standard, you can use the traditional settings, or add/subtract your own. Fibonacci Expansions The next thing you can do is to add Fibo extensions to your tool. A popular one is the 161.8 extension, but you are free to add any others. R-Multiple Calculator Finally, you can put a R or reward/risk calculator on your Fibo tool. This may seem a little weird, but it is super useful for determining if you want to take a trade or not. Watch this video on YouTube: https://youtu.be/02dQVt7i80k Subscribe to this channel: https://www.youtube.com/user/tradingheroes Visit the blog for more Forex trading tips: http://www.tradingheroes.com/blog/