Advanced Indices Trendline Strategy

Auto Trend Lines Indicator MetaTrader 4

There are two types of indices trend lines - upward indices trend line and downward indices trend line. The procedure of how to draw indices trend lines for upward indices trend and how to draw indices trend lines for downward indices trend is explained below:

Draw Upward Indices Trend Line

To draw an upward indices trend line we use support levels. To draw upward indices trend line correctly two support levels are used as shown on the upward indices trend line example explained and illustrated below - Advanced Trendline Strategy.

How to Draw Indices Upward Trend Line

Stock Indices Downward Trend Line

To draw downward indices trend line we use resistance levels and to draw downward indices trend line correctly two resistance levels are used as shown on the downward indices trend line example explained and illustrated below - Advanced Trendline Strategy.

How to Draw Trend Lines on Stock Indices Charts - How to Draw Downward Indices Trend Line

Advanced Trend Lines MetaTrader 4 Indices Indicator

To draw Indices Trend Lines MetaTrader 4 Stock Indices Indicator on MT4 Stock Indices Charts use MetaTrader 4 Indices Charts Drawing Tools for Drawing Indices Trend Lines on MetaTrader 4 Stock Indices Charts

The MetaTrader 4 indices trend line drawing tools used to draw indices trend lines on the MetaTrader 4 are located on the MT4 drawing charts toolbar within the MetaTrader 4 platform, To get this MetaTrader 4 charts drawing tools toolbar if it is not activated on your MetaTrader 4 platform, Click in "View" Next to "File" at the top left corner of the MetaTrader 4 platform and click "View", Then Click on "Tool bars", Then Check the "Lines Toolbar" by clicking on it - Stock Indices MetaTrader 4 Draw Indices Trend Line Tools MetaTrader 4 Stock Indices Indicator - Stock Indices MT4 Trend Line Drawing Tools.

Below is the example of the MetaTrader 4 indices trend line drawing charts toolbar. To draw indices trend lines on a indices chart just click on this MetaTrader 4 indices trend line drawing tool and select the point on the stock indices chart where you want to draw the upward indices trend line or downward indices trend line.

Auto Trend Lines and Channels Indicator - Advanced Trendline Strategy MetaTrader 4 Stock Indices Indicator - Auto Trendline Indicator - Auto Trend Lines Indicator MetaTrader 4 - Auto Trend Lines Indicator MetaTrader 5