How Do I Draw Down-ward Trend Lines in MT4 Software?

How Do I Draw Downward Trend Lines in MT4 Software?

MT4 Platform Trendline Drawing Tools on MT4

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

Shown Below is the example of forex MetaTrader 4 trend line drawing charts tool bar. To draw a downward trend line on a chart click on this trend line drawing tool and choose the point where you want to draw the downward trend-line.

How Do I Draw Downward Forex Trend Lines in MetaTrader 4

Drawing a Downward Trend Line on MT4 Platform

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

To draw down-ward trend lines we use resistance levels and to draw a downwards trendline correctly two resistance levels are needed as illustrated and shown on downwards trendline example below.

How Do I Draw Downward Forex Trend Lines in MT4 Software?