There are two types of indices trend-lines - upwards indices trend-line & downwards indices trend line. Procedure of how to draw indices trendlines for upward indices trend & how to draw indices trend-lines for downwards indices trend is described below:
How to Draw Indices Trend Line for Day Trading
To draw an upwards indices trendline we use support levels. To plot upwards indices trend line correctly 2 support areas are used as displayed on the upwards trend line example explained and illustrated below - How to Draw a Trend Line for Day Trading.
How to Draw Trend-Lines for Day Trading on Stock Indices Charts - How to Draw Upward Indices Trend Line
How to Draw Indices Trend Line for Day Trading
To draw downwards indices trend line we use resistance zones & to draw downwards indices trend line correctly two resistance areas are used as illustrated on the downwards indices trend line example explained and illustrated below - How to Draw a Trend Line for Day Trading.
How to Draw Trend-Lines on Stock Indices Charts - How to Draw Indices Downwards Trendline
How to Draw Trend Lines for Day Trading
To draw Indices Trend Lines for Day Trading in MetaTrader 4 Stock Indices Charts use MT4 Charts Drawing Tools for Drawing Indices Trend-Lines in MT4 Stock Indices Charts
The MT4 indices trend line drawing tools used to plot indices trend-lines in MT4 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 Indices MetaTrader 4 Draw Indices Trend Line Tools for Day Trading - Stock Indices MetaTrader 4 Trend Line Drawing Tools.
Shown Below is example of MT4 indices trend-line drawing charts indices toolbar. To draw indices trendlines on a indices chart click this indices trend line plotting tool & select point where you want to plot the upward trend line or downward indices trend line.
How to Draw Indices Trend Lines for Day - How to Draw Trend-Line for Day Trading for Day Indices Trading
