Trade Stock Indices

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:

How to Draw Trend Line for Day Trading

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 - How to Draw a Trend Line for Day Trading.

How to Draw Trend Lines for Day Trading on Stock Charts - How to Draw Upward Trendline

How to Draw Trend Line for Day Trading

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 - How to Draw a Trend Line for Day Trading.

How to Draw Trend Lines on Stock Charts - How to Draw Downwards Trendline

How to Draw Trend Lines for Day Trading

To draw Trend Lines for Day Trading on MT4 Stock Charts use MT4 Charts Drawing Tools for Drawing Trendlines in MetaTrader 4 Stock 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 Click on "Indices Tool bars", Then Check the "Indices Lines Toolbar" by clicking on it - Stock MetaTrader 4 Draw Trend Line Tools for Day Trading - Stock MetaTrader 4 Trend Line Drawing Tools.

Shown Below is example of MT4 trendline drawing charts toolbar. To draw trendlines on a chart click this trend line plotting tool & select point where you want to plot the upward trendline or downwards trend line.

How to Draw Trend Lines for Day - How to Draw Trend Line for Day Trading for Day Trading