How to Draw Indices Trend Lines on MT4
To draw Indices Trend Lines on MetaTrader 4 use MT4 Indices Charts Drawing Tools for Drawing Indices Trend Lines on MetaTrader 4 Stock Indices Charts
The MetaTrader 4 indices trend line drawing tools used to draw these indices trend line setups on the MetaTrader 4 are located on the MT4 drawing charts toolbar within the MetaTrader 4 Indices Trading Platform, To get this MetaTrader 4 charts toolbar if it is not activated on your platform, Click in "View" Next to "File" at the top left corner of the MetaTrader 4 platform and click "View", Then Click on "Tool bars", Then Check the "Lines Toolbar" by clicking on it.
Below is the example of the MetaTrader 4 indices trend line drawing charts toolbar. To draw a indices trend line on a stock indices chart just click on this indices trend line drawing tool and select the point where you want to draw the upward indices trend line or a downward indices trend line.
How to Draw Indices Trend Lines on MetaTrader 4 on MT4 Indices Charts
Indices Trading Up Ward Indices Trend Line
To draw this upward indices trend setup we use supports. To draw it correctly two support levels are needed as shown on the stock indices trading example explained and illustrated below.
How to Draw Indices Trading Up Ward Indices Trend Line on MT4
Indices Trading Down Ward Indices Trend Line
To draw downwards indices trends we use resistance levels and to do it correctly two resistances are needed as shown on the stock indices trading example explained and illustrated below.
How to Draw Indices Trading Down Ward Indices Trend Line on MT4