How Do I Draw Downward Trend Line in MetaTrader 4 Software?

How Do I Draw Downward Trend Line in MetaTrader 4 Software?

MT4 Software Trend Line Drawing Tools on MT4 Charts

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

Shown Below is the example of MT4 trendline drawing charts tool-bar. To draw a downward trend line on a chart click on this trendline drawing tool & choose point where you want to plot the downwards trendline.

How Do I Draw Downward Trend Line on MetaTrader 4

Drawing a Downwards Trend Line on MetaTrader 4 Platform Software

When it comes to learning how to plot the downwards trend lines on charts, you as a trader need to know that when market is bearish it forms lower lows & lower highs forming a downward general price trend direction. These are the chart points that are used to plot the downwards trend line on MT4 charts.

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

How Do I Draw Downward Trend Line in MetaTrader 4 Software?