How Do I Draw Upward Stocks Trendline in MT4 Platform?

How to Draw Upward Stocks Trend Lines on MetaTrader 4

MT4 Platform Stock Trendline Drawing Tools For Drawing Stock Trend Lines in MetaTrader 4 Stock Charts

The MT4 stocks trend line plotting tools used to plot these trend line setups on the MT4 are located on the MT4 drawing charts tool bar within MT4 stock platform, To get 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 the MT4 stock platform and click "View", Then Click on "Tool Bars" button key, Then Check "Lines Tool-bar" by clicking on it.

Shown Below is the example of MT4 stocks trend-line drawing charts tool-bar. To draw an upward stocks trendline on a stocks chart click on this stocks trendline plotting tool & choose the point where you want to plot the upward trend line.

How to Draw Upward Stocks Trend Lines on MetaTrader 4

Drawing a Stocks Trend Line on MetaTrader 4

When market moves up it forms higher highs and higher lows forming a bullish market movement. An upward stocks trendline can then be plotted by connecting these higher lows.

To draw this upwards trend setup we use supports. To draw it correctly two support areas are needed as shown and illustrated on the stocks examples illustrated & described below.

Drawing a Stocks Trend-Line - Stocks Up Ward Stocks Trend-Line in MetaTrader 4

Drawing a Stock Channel on MetaTrader 4

A stocks channel is drawn by plotting a line that is parallel to the upward trend-line & then adjusted to touch the top boundary of the stocks price movement. This then forms an upwards channel & as long as the price stays between these 2 market trend channels the bullish market movement will continue to move upwards.

Drawing a Stocks Channel - Stocks Up Ward Channel on MT4

How to Draw Upward Stocks Trendlines on MetaTrader 4 Platform - Stocks Trend-Lines & Channels