How Do I Interpret MetaTrader 4 Downwards Trend Line in MetaTrader 4 Platform?

How Do You Trade MT4 Downward Trend Line in MetaTrader 4 Platform?

MetaTrader 4 Software Trend Line Drawing Tools in MetaTrader 4 Charts

The MT4 trend-line drawing tools used to draw trendlines on MetaTrader 4 are located on the MetaTrader 4 charts tool-bar within the MT4 software, To access this MT4 charts toolbar if it is not activated on your MetaTrader 4 software, Click in "View" Next to "File" at the tops left corner of MT4 software & click "View", Then Press on "Tool-Bars" button, Then Check "Lines Tool-Bar" by clicking on it.

Below is the example of the MetaTrader 4 trend-line drawing charts tool bar. To draw a down-wards trend line on chart click on this trendline plotting tool and select the point where you want to plot the downwards trend line.

How Do You Analyze MT4 Downward Trendline on MT4 Platform?

Drawing a Downwards Trendline on MT4 Platform

In learning how to draw the down-wards trend lines on charts, you need to know that when the market is bearish it forms lower lows and lower highs forming a downwards general price trend direction. These are the chart points that are used to draw the down-wards trendline in MT4 charts.

To draw downwards trendlines we use resistance zones & to draw a down-wards trendline correctly 2 resistance levels are needed as illustrated and shown on the downwards trendline example below.

How Do I Read MetaTrader 4 Downwards Trendline in MT4?

How Do I Analyze MetaTrader 4 Downwards Trendline in MT4 Platform?