How to Trade with Channels Indicator MT4

Drawing MetaTrader 4 XAUUSD Channels

The tools to plot these Channels setups in the MT4 are located on the MT4 drawing toolbar within the MT4, To access this MT4 Charts tool bar if it is not activated on your MetaTrader 4 software, Click in 'View' Next to the 'File' menu at top left corner of MT4 and click View, Then Click on Tool-Bars, Then Check the 'Lines Tool-Bar' by clicking on it.

Below is an example of the MT4 XAUUSD Channel drawing tool bar. To draw a Channel on a chart click this Channel drawing tool & select point where you want to draw the Channel on the MT4 Chart.

What is Channels Indicator MT4? - How to Trade with Channels Indicator MT4 - How to Trade with Channels Indicator on MetaTrader 4?