How Do I Draw Upward Commodity Trading Trend-line on MT4 Platform?

How to Draw Upward Commodity Trading Trendlines on MT4

MT4 Commodity Trading Platform Trendline Drawing Tools For Drawing Commodity Trading Trend Lines in MT4 Commodity Charts

The MT4 commodity trend line drawing tools used to plot these trend line setups on MetaTrader 4 are located on the MT4 drawing charts tool bar within MT4 platform, To access this MT4 charts toolbar if it is not activated on your platform, Click in 'View' Next to the 'File' menu at top left corner of MetaTrader 4 commodities trading platform & click the 'View', Then Click on 'Toolbars', Then Check the 'Lines Tool Bar' by clicking on it.

Below is example of the MT4 commodity trend line drawing charts toolbar. To draw an upward commodity trend-line on a commodity chart click this commodity trend-line plotting tool & choose the point where you want to plot the upward trend line.

How to Draw Upward Commodity Trading Trendlines in MT4

Commodities Up Ward Commodity Trend Line

When market moves up it forms higher highs & higher lows forming a bullish market movement. An upward commodity trend line can then be drawn by connecting these higher lows.

To draw this upwards trend setup we use supports. To draw it correctly two support levels are needed as shown on the commodities trading example shown below.

Drawing a Commodity Trading Trend Line - Commodity Up Ward Commodity Trend-Line in MetaTrader 4

Drawing a Commodity Channel on MT4

A commodity channel is plotted by drawing a line that's parallel to the upward trend-line and then adjusted to touch the tops boundary of the commodity price movement. This then forms an upward channel & as long as the trading price stays between these 2 market trend channels the bullish market movement will continue to move upward.

Drawing a Commodity Channel - Commodity Trading Up Ward Channel on MT4

How to Draw Upward Commodity Trading Trend-Lines on MT4 Platform - Commodity Trading Trend Lines & Channels