There are 2 types of trend-lines - upward trendline & downward trend line. Method of how to draw trend lines for upwards trend and how to draw trend lines for downwards trend is explained below:
How Do I Draw Trend Line for Position Trading - Draw Upwards TrendLine
To draw an upward trend-line we use support levels. To draw upward trend line correctly 2 support levels are used like as displayed on the upward trend line example below - How to Draw a Trend Line for Position Trading.
How Do I Draw Trend Lines for Position Trading on fx Charts - How Do I Draw Upward Trend Line
How to Draw Trend Line for Position Trading - Downward TrendLine
To draw downward trend line we use resistance areas and to draw downwards trend line correctly two resistance zones are used like is illustrated and shown on the downward trend line example below - How to Draw a Trend Line for Position Trading.
How Can I Draw TrendLines in fx Charts - How Do I Draw Downwards Trendline
How to Draw Trend Lines for Position Trading - How to Draw TrendLines
To draw Trend Lines for Position Trading on MT4 Charts use MT4 Charts Plotting Tools for Drawing Trendlines on MT4 Charts
The MetaTrader 4 trend line drawing tools used to draw trend-lines in the MT4 are located on the MetaTrader 4 drawing charts tool bar within the MetaTrader 4 software, To access this MT4 charts drawing tools tool bar if it isn't activated in your MT4 software, Click in "View" Next to "File" menu at the top-left corner of MT4 software and click "View", Then Click on the "Forex Tool-Bars", Then Tick "Forex Lines Toolbar" by clicking on it - Forex MT4 Draw Trend-Line Tools for Position Trade - Forex MT4 Trend-Line Drawing Tools.
Shown Below is illustrations of MT4 trend line drawing charts toolbar. To draw trend-lines on a trading chart click this trendline plotting tool & choose the point where you want to draw the upward trend-line or downward trend line.
How Do I Draw Trend Lines for Position - How to Draw Trend Line for Position Trading for Position Trading
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