Advanced Trendline Strategy

Auto Trend Lines Indicator MT4

There are two types of trendlines - upward trend line & downwards trend line. Guide of how to draw trendlines for up-ward trend & how to draw trendlines for down-wards trend is described below:

Draw Upwards Trend Line

To draw an upward trendline we use support levels. To plot upwards trend line correctly 2 support areas are used as displayed on the up-wards trendline example explained and illustrated below - Advanced Trendline Strategy.

How to Draw Upward Trendline

Downward Trendline

To draw downwards trendline we use resistance zones & to draw downwards trend line correctly two resistance areas are used as illustrated on the downwards trend line example explained and illustrated below - Advanced Trendline Strategy.

How to Draw Trend Lines on Charts - How to Draw Downward Trendline

Advanced Trend Lines MetaTrader 4 Indicator

To draw Trend Lines MetaTrader 4 Indicator in MT4 Charts use MT4 Charts Drawing Tools for Drawing Trendlines in MetaTrader 4 Charts

The MT4 trendline drawing tools used to plot trendlines in MetaTrader 4 are located on the MT4 drawing charts toolbar within the MT4 platform, To get this MetaTrader 4 charts drawing tools toolbar if it is not activated on your MT4 software, Click in "View" Next to the "File" menu at the top left corner of the MetaTrader 4 software and click "View", Then Press on "Tool-Bars" button, Then Check the "Lines Toolbar" by clicking on it - Stock MetaTrader 4 Draw Trend Line Tools MetaTrader 4 Indicator - Stock MetaTrader 4 Trend Line Drawing Tools.

Shown Below is example of MT4 trend line plotting charts toolbar. To draw trendlines on a chart click this MT4 trendline plotting tool and select the point on the chart where you want to draw the upward trendline or down-wards trend line.

Auto Trend Lines & Channels Indicator - Advanced Trendline Strategy MetaTrader 4 Indicator - Auto Trendline Indicator - Auto Trend Lines Indicator MetaTrader 4 - Auto Trend Lines Indicator MetaTrader 5