Trade Stock Indices

Learn Stock Index Trading Tutorials

Indices Indicator Accurate Indices Trend Analysis

How to Draw Stock Indices Trend-Lines on MetaTrader 4 Platform

The MetaTrader 4 software provides indices trendline drawing tools for drawing the trend-lines in MT4 stock indices charts. To draw a indices trendline on a indices chart on MT4 software, stock indices traders can use MT4 indices trend line plotting tool provided in MT4 platform that is shown on the indices examples explained & illustrated below.

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To draw a indices trendline on a indices chart - just click the MT4 indices trendline plotting tool shown above on the MT4 platform & select point A where you want to start drawing the trendline & then point B where you want the trend line to touch. You can also right click on a indices trend line and on the indices trend line settings option select the option to extend the ray by ticking the "ray check box", if you do not want to extend the trend-line, then uncheck this option in your MT4 trading stock indices platform -indices trend line settings. You can also adjust other indices trend line settings such as indices trend line color & indices trend line width on this indices trend line property tab of the trend line settings. You can download MT4 trading stock indices software & learn how to draw a indices trend line.

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The two indices analysis indices strategies used to trade indices trend lines are:

  1. Indices Trend Line Break Reversal Trading Signal
  2. Indices Trend Line Bounce
Indices analysis of these two indices trend line strategies is explained in the trading indices examples below:

Example 1: Indices Indicator Analysis Indices Trend Lines - Indices Indicator Trend Analysis

Indices trend line bounce - this is a trading indices trend continuation signal where the stock indices price bounces from the trend line & continues heading in same direction as that of the stock indices trend.

Buy Sell Indices Trend Indicator No Repaint

  • In an upward indices trend the stock indices price will bounce & move upward after hitting this upwards trendline level which is the support level.

Indices Up Trend - Indices Trend Line Bounce - Indices Price Support Level Provided by the Upward Indices Trend Line

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  • In a downwards indices trend the stock indices price will bounce & move downward after touching this downwards trend-line which is the resistance area.

Indices Down Trend - Indices Trend-Line Bounce after Touching Resistance Level Provided by the Downwards Indices Trend Line

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Example 2: Indices Trend Line Break Reversal Signal Indicator Analysis Indices Trend Lines

Indices trendline break this is a indices trend reversal stock indices signal where the stock indices price goes through the trend line and then starts to move in the opposite direction of the current stock indices trend.

Indices Indicator Analysis of Stock Indices Trend Line Break Reversal Trading Signal

When an upward indices trendline is broken then indices trend then reverses and becomes a downwards stock indices trend.

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Indices Indicator Analysis of Indices Trend Line Break Reversal Trading Signal

When a downwards indices trendline is broken then indices trend then reverses & becomes an upward stock indices trend.

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