Trading the 3 Touch Trendline Indicator on MT4 Charts

The direction of the trend line can either be upwards or downwards depending on the current trend.

Trading the 3 Touch Trendline Technical Indicator in MT4 Charts

Course Tutorial: How to Draw & Trade Up-wards Trend Example

Trading the 3 Touch Trendline Indicator on MT4 Charts

Trading the 3 Touch Trendline Indicator on MT4 Charts

Course Tutorial: How to Draw and Trade Downwards Trend Example

Trading the 3 Touch Trendline Indicator on MT4 Charts

Trading the 3 Touch Trendline Indicator in MT4 ChartsSelect the MetaTrader 4 trend line tool as shown on the MetaTrader 4 example explained and illustrated below - then select chart point 1 where you want to start drawing the trendline then select chart point 2 where you want to connect the trendline & then extend the trendline into the future prices.

The MetaTrader 4 tools to draw these trendlines are located on the MT4 drawing toolbar within the MT4, To access this toolbar if it is not activated on your MT4 software, Click in 'View' Next to 'File' at the top-left corner of MetaTrader 4 and click View, Then Click on Tool Bars, Then Check 'Lines Tool Bar' by clicking on it.

Trading the 3 Touch Trendline Indicator on MT4 Charts