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How To Draw TrendLines on MetaTrader 4


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


How To Draw Indices TrendLine on Stock Indexes Charts

To draw an upward indices trendline we use support zones. To draw upward indices trendline correctly two support levels are used as shown on the upward indices trendline example explained and illustrated below.

How to Draw Indices Upward TrendLine - How To Draw TrendLines Indices

How to Draw Upward Indices TrendLine



How To Draw Indices TrendLine on Stock Indexes Charts

To draw downward indices trendline we use resistance zones and to draw downward indices trendline correctly two resistance levels are used as shown on the downward indices trendline example explained and illustrated below.

How to Draw Indices Downward TrendLine - How To Draw TrendLines Indices

How To Draw TrendLines on Stock Indexes Charts - How to Draw Indices Downward TrendLine



How To Draw TrendLines on Stock Indexes Charts

To draw Indices TrendLines on MT4 Stock Indexes Charts use MetaTrader 4 Indices Trading Charts Drawing Tools For Drawing Indices TrendLines on MetaTrader 4 Stock Indexes Charts


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


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

How To Draw TrendLines Stock Indexes - How To Draw TrendLines on MetaTrader 4

How To Draw TrendLines Stock Indexes - How To Draw TrendLines on MetaTrader 4 - Stock Indexes MT4 Draw TrendLine Tools

 

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