Trade Stock Indices

Learn Stock Indices Trading for Beginners Tutorials

Indices Indicator Accurate Indices Trend Analysis

How to Draw Stock Indices Trading Trend Lines on MetaTrader 4 Indices Trading Software

The MT4 platform provides indices trendline drawing tools for drawing the indices trendlines on MT4 stock indices charts. To draw a indices trendline on a indices chart on the MT4 platform, stock indices traders can use the MT4 indices trend line drawing tool provided on the MT4 platform that is shown on the indices example explained and illustrated below.

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To draw a indices trend line on a indices chart - just click the MT4 indices trend line drawing tool shown above on the MT4 platform and select point A where you want to start drawing the indices trend line and then point B where you want the indices 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 indices 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 and indices trend line width on this indices trend line property tab of the indices trend line settings. You can download MT4 trading stock indices trading software and 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 Indices 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 indices trend line and continues moving in the same direction as that of the stock indices trend.

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  • In an upward indices trend the stock indices price will bounce and move upwards after hitting this upward indices trend line 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 downward indices trend the stock indices price will bounce and move downwards after touching this downward indices trend line which is the resistance level.

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

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

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

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When an upward indices trend line is broken then the indices trend then reverses and becomes a downward stock indices trend.

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when a downward indices trend line is broken then the indices trend then reverses and becomes an upward stock indices trend.

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