How to Draw Trendlines on MT4

There are two different types of stocks trendlines - upward stocks trendline & downwards stocks trendline. The procedure of how to draw stocks trendlines for upward stocks trend & how to draw stocks trendlines for downward stocks trend is explained below:

How to Draw Trend Line on Stocks Charts

To draw an upward stocks trendline we use support zones. To draw upward stocks trendline correctly two support areas are used as shown on the upward trendline examples illustrated & described below.

How to Draw a Trendline On a Stocks Trading Chart on Stock Charts - How to Draw Upwards Stocks Trendline

How to Draw Trendline on Stock Charts

To draw downward stocks trendline we use resistance zones and to draw downward stocks trendline correctly two resistance areas are used as shown on the downward stocks trendline examples illustrated & described below.

How to Draw Trendlines on Stock Charts - How to Draw Stocks Downwards Trendline

How to Draw Trendlines on Stock Charts

To draw Stocks Trendlines in MT4 Stock Charts use MT4 Charts Drawing Tools For Drawing Stocks Trendlines on MetaTrader 4 Stock Charts

The MT4 stocks trendline drawing tools used to draw stocks trendlines on the 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 the tops left corner of the MT4 platform and click "View", Then Click on "Tool Bars" button key, Then Check the "Lines Toolbar" by clicking on it - Stocks Trading MetaTrader 4 Draw Stocks Trendline Tools - Stocks MT4 Trendline Drawing Tools.

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

How to Draw Stocks Trendlines