How to Draw Trend Lines on MT4 Platform
There are 2 types of xauusd trend-lines - upwards trend-line and down ward trend line. The method of how to draw trend-lines for upward trend and how to draw trend-lines for downward trend is explained below:
Draw Upward Trendline
To draw an upward trend-line we use support areas. To draw upward trend line correctly two support levels are used as displayed on the upward trend-line examples illustrated below.
How Do I Draw a Trend Line On a Chart on Charts - How Do I Draw Up-wards Trend-Line
Down-wards Trend-Line
To draw down ward trend line we use resistance areas & to draw down ward trend-line correctly two resistance levels are used as shown on the downward trend-line examples illustrated below.
How Do I Draw Trend-Lines on Charts - How Do I Draw Down-wards Trend-Line
How to Draw Trendlines
To draw Trend Lines on MT4 Charts use MetaTrader 4 Charts Drawing Tools for Drawing Trend-Lines on MetaTrader 4 Charts
The MT4 trend-line drawing tools used to draw trend lines in the MT4 are located on the MetaTrader 4 drawing charts tool-bar within the MT4 software, To get this Meta Trader 4 charts drawing tools tool bar if it isn't activated on your MT4 software, Click in 'View' Next to the 'File' menu at top left corner of Meta Trader 4 platform & click 'View', Then Press on 'Tool-Bars' button, Then Check the 'Lines Tool Bar' by clicking on it - XAUUSD Meta Trader 4 Draw Trend-Line Tools - XAUUSD MetaTrader 4 Trend-Line Drawing Tools.
Below are examples of MetaTrader 4 trend line drawing charts toolbar. To draw trend-lines on a chart click this trend line plotting tool & choose point where you want to draw the upward trend-line or downward trend line.
How Do You Draw Trendlines
