How Do I Draw Upward Trend-Line in MetaTrader 4?

How to Draw Upwards Trend Lines on MetaTrader 4

MT4 Software Trend Line Plotting Tools for Drawing Trend Lines on MT4 Charts

The MetaTrader 4 trendline drawing tools used to plot these trend line setups in the MT4 are located on the MT4 drawing charts tool bar within MetaTrader 4 platform, To access this MetaTrader 4 charts tool bar if it is not activated on your platform, Click in 'View' Next to 'File' at the tops left corner of MetaTrader 4 platform and click 'View', Then Click on 'Tool bars', Then Check 'Lines Tool-Bar' by clicking on it.

Shown Below is the example of MetaTrader 4 trend-line drawing charts toolbar. To draw an upward trendline on a chart click on this trendline plotting tool and select the point where you want to plot the upwards trend line.

How to Draw Upwards Trend Lines on MT4

Drawing a Trend Line on MT4 - Up Ward Trend Line

When market moves upwards it forms higher highs and higher lows forming a bullish market movement. An upwards trendline can then be drawn by connecting these higher lows.

To draw this upwards trend setup we use supports. To draw it correctly two support areas are needed as illustrated and shown on example below.

Drawing a Trend Line - Up Ward Trend Line on MT4

Drawing a Channel on MetaTrader 4 - Up Ward Channel

A fx channel is drawn by plotting a line that's parallel to the upwards trendline and then adjusted to touch the top boundary of the price movement. This then forms an upward channel and as long as price stays between these 2 channels the bullish market movement will continue moving up.

Drawing a Channel - Up Ward Channel on MT4

How to Draw Upward Trend-Lines on MetaTrader 4 - Trend Lines & Channels