How to Draw Trend Lines - Guide of How to Draw Trend Lines in Forex

There are two types of forex trend-lines - upwards trend-line & downwards trend line. The step by step procedure of how to draw forex trendlines for upward forex trend downwards forex trend is described below:

How to Draw Trend Lines Forex on Charts - Forex Up Ward Trend Line

To draw this upwards trend-line setup we use supports. To draw it correctly two support levels are needed as illustrated and shown on example below.

How to Draw Trend Lines Forex on Charts - How to Draw Forex Up Ward Trend Line

How to Draw Trend Lines Forex on Charts - Forex Down Ward Trend Line

To draw downward forex trends we use resistance levels and to do it correctly two resistances are needed as illustrated & shown on the example below.

How to Draw Trend Lines Forex on Charts - How to Draw Forex Down Ward Trend Line

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

To draw Forex Trend-Lines in MetaTrader 4 Charts use MT4 Charts Drawing Tools for Drawing Trend-Lines in MetaTrader 4 Charts

The MT4 forex trend line plotting tools used to plot these trend line setups on the MT4 are located on the MetaTrader 4 drawing charts toolbar within the MT4 forex charts, To access this MT4 charts toolbar if it is not activated on your platform, Click in "View" Next to "File" menu at the tops left corner of MetaTrader 4 platform and click "View", Then Click on "Tool Bars" button key, Then Check the "Lines Toolbar" by clicking on it - Forex MetaTrader 4 Draw Line Tools - Forex MetaTrader 4 Drawing Tools.

Shown Below is examples of MetaTrader 4 trend line drawing charts toolbar. To draw a forex trend-line on a forex chart click this trend-line plotting tool & select the point where you want to plot the upwards trend line or a downwards forex trend line.

How to Draw Forex Trend Lines on Charts in MetaTrader 4 Charts