How Do You Draw Trend Lines on MetaTrader 4?
How Do You Draw Trend Lines on MetaTrader 4?
To draw Trend Lines on MetaTrader 4 use MT4 Charts Drawing Tools for Drawing Trend Lines on MetaTrader 4 Charts
The MetaTrader 4 trend line drawing tools used to plot MetaTrader 4 trend line setups in the MetaTrader 4 platform are located on the MT4 forex drawing charts tool bar within MetaTrader 4 Software, To access this MT4 charts tool bar if it is not activated on your MT4 software, 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 examples of MetaTrader 4 trend line drawing charts tool bar. To draw MT4 trend line on MT4 chart just click this MT4 trendline plotting tool and select the MT4 chart point where you want to plot the MT4 upward trend line or the MetaTrader 4 down ward trend line.
How Do You Draw Trend Lines in MT4?
Forex MetaTrader 4 Upwards Trend Line
To draw this upwards trend-line traders use support areas. To draw the upward trend line correctly two support areas are needed as illustrated in MT4 trend line example below.
How Do You Draw Trend Lines in MT4?
Forex MT4 Downwards Trend Line
To draw downwards trend line we use resistance zones & to do draw the downwards trend line correctly two resistance areas are used as illustrated & shown on downwards trend line example below.
How Do You Draw Trend Lines in MT4?
How Do You Draw Trend Lines in MT4?