How to Draw Trend-lines on the MT4 - Forex MetaTrader 4 Draw TrendLine Tools
The 2 types of trend-lines are - upwards trend line and downwards trend line. The tutorial of how to draw a trendline for upwards trend & how to draw a trendline for downward trend is displayed below:
How to Draw Trend Line on Forex Trade Charts - Draw Upwards Trend-Line
To draw an upwards trend line we use support levels. To plot upwards trend line correctly 2 support zones are used as shown on the upwards trend line exemplification laid-out below.
How Do I Draw a Trend Line on fx Charts - How Do I Draw Up-ward Trend-Line - How to Draw Trendline - How to Draw Trend Lines on MT4
How to Draw Trend Line on Forex Trade Charts - Downward Trend-Line
To draw downward trendline we use resistance levels and to draw a downwards trend line correctly 2 resistance zones are used like as displayed on the downward trend line exemplification laid-out below.
How Do I Draw Trend Lines on fx Charts - How Do You Draw Downwards Trend-Line - How to Draw Trendline - How to Draw Trend Lines in the MT4
How to Draw Trend Lines on fx Charts - How Do I Draw Trend Lines
To draw Trend Lines in MT4 Charts use MT4 Charts Drawing Tools for Drawing Trend Lines in MetaTrader 4 Charts
The MT4 trend line drawing tools used to draw trendlines on the MT4 platform can be found on the MetaTrader 4 drawing charts tool-bar within the MetaTrader 4 software, To access this MT4 charts drawing tools tool bar if it is not activated on your MT4 software, Click in 'View' Next to 'File' at the top-left corner of MT4 software & click 'View', Then Click on 'Tool bars', Then Check the 'Lines Toolbar' by pressing on it - Forex MT4 Draw TrendLine Tools - MT4 Trendline Drawing Tools.
Shown Below is the example of MT4 trend line drawing charts tool-bar. To draw trend lines on a trading chart click on this trend line drawing tool & select the point where you want to draw the upwards trendline or downwards trend-line.
How Do I Draw TrendLine - How to Draw Trendline - How Do I Draw Trendlines on MT4 Platform? - Forex MetaTrader 4 Draw Trend Line Tools
Learn More Tutorials & Guides:
- How Can I Use Linear Regression in?
- No Deposit Forex Trading Live Account
- Inverted Hammer Bullish XAU USD Candle Patterns
- 1:100 Leverage
- Gold Bonus: $30 No Deposit Bonus XAUUSD + 50% Bonus + XAU USD Lot Rebate
- Fib Ratios Trading Indicator on MetaTrader 4 Forex Charts
- Gold Trade
