How to Draw Trendlines in MT4 - Forex MT4 Draw Trendline Tools

There are two types of forex trendlines - upward forex trendline and downward forex trendline. The procedure of how to draw forex trendlines for upward forex trend & how to draw forex trendlines for downward forex trend is described below:

How to Draw Trendline on Forex Charts - Draw Upward Forex Trend-Line

To draw an upwards forex trendline we use support zones. To draw upward forex trendline correctly two support areas are used as shown on the upward trendline example below.

How to Draw a Trendline on a Forex Chart on Charts - How to Draw Upward Forex Trendline

How to Draw Forex Trend Line on Forex Trade Charts - Downward Forex Trend Line

To draw downwards forex trendline we use resistance zones and to draw downward forex trendline correctly two resistance areas are used as shown on the downward forex trendline example below.

How to Draw Trendlines on Forex Charts - How to Draw Forex Downwards Trendline

How to Draw Trendlines on Forex Charts - How to Draw Forex Trend Lines

To draw Forex Trendlines on MetaTrader 4 Forex Charts use MetaTrader 4 Charts Drawing Tools for Drawing Trendlines in MT4 Charts

The MT4 forex trendline drawing tools used to draw forex trendlines on the MT4 are located on the MT4 drawing charts tool bar within MT4 platform, To access this MT4 charts drawing tools toolbar if it is not activated on your MetaTrader 4 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 the 'Lines Toolbar' by clicking on it - Forex MT4 Draw Trendline Tools - Forex MT4 Trendline Drawing Tools.

Shown Below is the example of MT4 forex trendline plotting charts toolbar. To draw forex trendlines on a forex chart click on this forex trend line plotting tool and select the point where you want to plot the upward trendline or downward forex trend line.

How to Draw Forex Trendlines - Forex MT4 Draw Trendline Tools