How to Draw Stocks Trend Lines in MT4 Platform
There are two different types of stocks trend lines - upwards stocks trend-line & downwards stocks trend line. The procedure of how to draw stocks trendlines for upwards stocks trend & how to draw stocks trend lines for downwards stocks trend is explained below:
How to Draw Trendline on Stock Charts
To draw an upward stocks trend line we use support zones. To draw upward stocks trend line correctly two support areas are used as displayed on the upward trend line examples illustrated and described below.
How to Draw a Trend Line On a Stocks Trading Chart on Stock Charts - How to Draw Upward Stocks Trend Line
How to Draw Trend Line on Stocks Charts
To draw downward stocks trend line we use resistance zones and to draw downward stocks trend line correctly 2 resistance areas are used as shown on the downwards stocks trend line examples illustrated and described below.
How to Draw Trend-Lines on Stock Charts - How to Draw Stocks Downwards Trend-Line
How to Draw Trend Lines on Stock Charts
To draw Stocks Trendlines on MetaTrader 4 Stock Charts use MetaTrader 4 Charts Drawing Tools For Drawing Stocks Trendlines on MT4 Stock Charts
The MT4 stocks trend-line plotting tools used to draw stocks trend lines in MT4 are located on the MT4 drawing charts tool bar within MetaTrader 4 platform, To get this MT4 charts drawing tools toolbar if it is not activated on your MT4 stock platform, Click in 'View' Next to 'File' menu at tops left corner of the MT4 platform and click the 'View', Then Click on 'Tool-bars' button key, Then Check the 'Lines Toolbar' by clicking on it - Stocks MT4 Draw Stocks Trendline Tools - Stocks Trading MetaTrader 4 Trendline Drawing Tools.
Below is the example of MT4 stocks trend-line drawing charts toolbar. To draw stocks trendlines on a stocks chart click on this stocks trend-line drawing tool and select the point where you want to draw the upward trend-line or downwards stocks trend line.
How to Draw Stocks Trend Lines
