How to Draw CFD Trend Lines on CFDs Charts
There are two types of cfd trend lines - upwards cfd trend line and downwards cfd trend line. The cfd step by step procedure of how to draw cfd trend-lines for upward cfd trend downward cfd trend is described below:
CFDs Up Ward CFD Trendline
To draw this upwards trend line setup we use supports. To draw it correctly two support levels are needed as illustrated & shown on the cfd examples explained & illustrated below.
How to Draw CFD Up Ward CFDs Trend Line
CFDs Down Ward CFD Trendline
To draw downwards cfd trends we use resistance levels & to do it correctly two resistances are needed as illustrated and shown on the cfd examples explained & illustrated below.
How to Draw CFDs Down Ward CFD Trend-line
How to Draw CFD Trend Lines
To draw CFD Trend-Lines on MetaTrader 4 CFDs Charts use MT4 Charts Drawing Tools For Drawing CFD Trend-Lines on MetaTrader 4 CFDs Charts
The MT4 cfd trend line plotting tools used to plot these trend line setups on the MT4 are located on the MetaTrader 4 drawing charts toolbar within the MetaTrader 4 cfd charts, To access this MT4 charts toolbar if it is not activated on your platform, Click in 'View' Next to 'File' menu at tops left corner of the MT4 cfds platform and click 'View', Then Click on 'Tool Bars' button key, Then Check the 'Lines Toolbar' by clicking on it - CFDs MetaTrader 4 Draw Line Tools - CFDs MetaTrader 4 Drawing Tools.
Below is examples of MetaTrader 4 cfd trendline plotting charts tool-bar. To plot a cfd trend-line on a cfd chart just click this cfd trend-line drawing tool and select the point where you want to plot the upward trend-line or a downwards cfd trend line.
How to Draw CFD Trend Lines on CFDs Charts on MT4 CFD Charts
