How to Draw Indices Trend Lines on Indices Charts

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

Stock Indices Up Ward Stock Indices Trend Line

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

How to Draw Indices Up Ward Indices Trend Line

Indices Down Ward Stock Indices Trendline

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

How to Draw Stock Indices Down Ward Indices Trend Line

How to Draw Indices Trend Lines

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

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

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

How to Draw Indices Trend Lines on Stock Indices Charts in MT4 Indices Charts