What's an Uptrend?
Up Indices trend is when the stock indices trading price of a stock indices chart is moving higher & higher. Indices trading prices in general close higher than where they opened.
How to Trade Upwards Indices Trend: Indices traders use upwards trend direction to open buy indices trades
Upward Indices Trend
Drawn using an upward indices trend line
What is an Upward Indices Trend? - What is an Uptrend?
The MT4 platform provides charting tools for plotting trends on stock indices charts. To draw indices trend on indices charts traders can use trend-line plotting tool provided on MT4 software that is illustrated and shown below.
Definition of a Upward Indices Trend & Explanation of Indices Up Trend
To draw an upwards indices trend line in MetaTrader 4 platform & select point A where you want to start drawing and then point B where you want the it to touch. You can also right click on trend-line and on properties option select option to extend its ray by checking 'ray check box', if you do not want to extend it, then uncheck this option in your indices trading platform.
The indices trend is your friend. Is a popular saying among indices traders because you should never trade against it. This is the most reliable indices trading method to trade Indices Trading because once stock indices trading prices begin to move in one direction they can move in that direction for quite some time in what is known as a trend.
Principles of How to Draw & Define Stock Indices Trend
Use candlestick charts
- The points used to draw the indices trend are along the lows of the stock indices price bars in a rising market. An upwards bullish indices trend move is defined by higher highs & higher lows.
- The points used to draw the trend lines are extremes points - the high or the low indices trading price. These stock indices trading price extremes are important because a close beyond the extreme tells indices traders that the indices trend of the indices trading instrument might be changing. This is an exit indices trade signal.
- The more often an up indices trend indices trend is touched by stock indices price but it is not broken, then the more powerful the up indices trend indices trend signal.
