XAUUSD MT4 Draw Trendline Tools

There are two types of trendlines - upwards trendline & downwards trendline. The guide of how to draw trendlines for upwards trend & how to draw trendlines for downwards trend is described below:

Draw Upwards Trend Line

To draw an upwards trendline we use support areas. To draw upward trendline correctly two support levels are used as shown on the upward trendline example shown below.

How Do I Draw a Trendline On a Chart on Charts - How Do I Draw Upwards Trendline

Downward Trend-Line

To draw down-wards trendline we use resistance zones and to draw downward trendline correctly two resistance levels are used as shown on the downward trendline example shown below.

How Do I Draw Trendlines on Charts - How Do I Draw Downwards Trend Line

How to Draw Trend Lines

To draw Trend Lines on MetaTrader 4 Charts use MetaTrader 4 Charts Plotting Tools for Drawing Trendlines in MetaTrader 4 Charts

The MT4 trendline drawing tools used to draw trend lines on the MetaTrader 4 are located on the MetaTrader 4 drawing charts tool bar within the MetaTrader 4 platform, To find this MetaTrader 4 charts drawing tools tool-bar if it isn't activated on your MT4 platform, Click in "View" Next to "File" menu at the tops left corner of MetaTrader 4 and click "View", Then Press on "Tool-Bars" button, Then Check the "Lines Tool-Bar" by clicking on it - XAUUSD MetaTrader 4 Draw Trend Line Tools - XAUUSD MetaTrader 4 Trend Line Drawing Tools.

Below is the example of the MetaTrader 4 trend line drawing charts tool bar. To draw trendlines on a chart click on this trendline plotting tool and select the point where you want to plot the upward trendline or downward trendline.

How Do I Draw Trend Lines