Trendline Indices PDF

Example of How to Trade Indices TrendLines Signals

Traders should use the upwards indices trendline to open buy stock indices trades once the stock indices price tests the upward indices trendline.

Indices Trend Lines Tools - Indices Trendline Indicator MetaTrader 4 - Trendline Trading Indices Strategy

Example of How to Trade Indices TrendLines Signals

Traders should use the downwards indices trendline to open sell stock indices trades once the stock indices price tests the downward indices trend line.

Indices Trend Lines Tools - Indices Trendline Indicator MetaTrader 4 - Trendline Trading Indices Strategy

How to Use TrendLines Signals to Trade Indices

The trend is your friend. Is a popular saying among indices traders because as a indices trader you should never go against the stock indices trend. Indices trend is the most reliable indices strategy used to trade indices because once the indices prices start to move in one direction they can move in that direction for quite some time within the indices trend - therefore using this indices trend trading strategy gives indices traders the opportunity to make profits from the online stock indices market.

To identify a indices trend -indices traders use indices trendlines. Indices trendlines are provided on the MetaTrader 4 stock indices charts and traders can use these indices trendline drawing tools on the MetaTrader 4 platform to draw indices trendlines on stock indices charts.

Traders can then analyze the indices trends on the stock indices charts using these indices trendlines.

Guidelines of How to Draw Indices TrendLines on Stock Indices Charts

1. Use indices candlestick trading charts to draw indices trendlines

2. The indices chart points used to draw the indices trendlines - upward indices trendlines are along the lows of the stock indices price candlestick bars in a bullish indices trend. An upward bullish indices trend is defined by higher highs and higher lows of the indices price.
3. The indices chart points used to draw the indices trendline - downward indices trendlines are along the highs of the stock indices price bars in a bearish indices trend. A bearish downward indices trend is defined by lower highs and lower lows of the indices price.
4. The indices chart points used to draw the indices trendlines are extremes points - the high or the low indices price. These extreme stock indices price points are considered important because a indices price close beyond the extreme tells indices traders the indices trend might be reversing. This is an entry or an exit indices signal.
5. The more often a indices trendline is tested by stock indices price but not broken, the more powerful the indices trend signal.