How to Draw TrendLines on MT4

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

How to Draw Stocks Trend Line on Stocks Charts

To draw an upward stocks trendline we use support zones. To draw upward stocks trendline correctly two support levels are used as shown on the upward stocks trendline example illustrated and explained below.

How to Draw a TrendLine On a Stocks Trading Chart on Stock Charts - How to Draw Upward Stocks TrendLine

How to Draw Stock Trendline on Stock Charts

To draw downward stocks trendline we use resistance zones and to draw downward stocks trendline correctly two resistance levels are used as shown on the downward stocks trendline example illustrated and explained below.

How to Draw TrendLines on Stock Charts - How to Draw Stocks Downward TrendLine

How to Draw TrendLines on Stock Charts

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

The MT4 stocks trendline drawing tools used to draw stocks trendlines on the MT4 are located on the MetaTrader 4 drawing charts toolbar within the MT4 stock trading platform, To get this MT4 stocks charts drawing tools toolbar if it is not activated on your MT4 stock platform, Click in "View" Next to "File" at the top left corner of the MT4 stock trading platform and click "View", Then Click on "Tool bars", Then Check the "Lines Toolbar" by clicking on it - Stocks Trading MT4 Draw Stocks TrendLine Tools - Stocks Trading MetaTrader 4 TrendLine Drawing Tools.

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

How to Draw Stocks TrendLines