How to Draw MT5 Trend Lines on MetaTrader 5
The two types of trendlines are - upward trendline & downwards trendline. The guide of how to plot a trendline for upwards trend & how to draw a trendline for downward trend is shown below:
Draw Upward Trend-Line
To draw an up-ward trend line we use support areas. To draw upward trend line correctly 2 support zones are used as illustrated on the up-wards trend line example shown and explained below.
How to Draw a Trendline on MetaTrader 5 Charts - How to Draw Upward Trend Line - How to Draw MetaTrader 5 Trend Line - How to Draw MT5 Trend Lines in MT5
Downwards Trend Line
To draw downwards trendline we use resistance levels and to draw a downwards trend line correctly two resistance zones are used as displayed on the downward trend line example shown and explained below.
How to Draw MetaTrader 5 Trend Lines on MetaTrader 5 Charts - How to Draw Downward Trend Line - How to Draw MetaTrader 5 Trend Line - How to Draw MT5 Trend Lines in MT5
How to Draw MetaTrader 5 Trend Lines on MetaTrader 5 Charts
To draw MetaTrader 5 Trend Lines on MetaTrader 5 Charts use MT5 Charts Plotting Tools for Drawing XAUUSD MT5 Trend Lines on MetaTrader 5 Charts
The MT5 trendline drawing tools used to draw trendlines on the MT5 platform are located on the MT5 drawing charts tool bar within the MT5 platform, To access this MetaTrader 5 charts drawing tools tool bar if it is not activated on your MT5 platform, Press in 'View' Next to the 'File' menu at left top corner of MetaTrader 5 platform and click 'View', Then Click on "MetaTrader 5 Tool Bars", Then Tick the 'Lines Tool-Bar' by clicking on it - XAUUSD MT5 Draw Trend Line Tools - MT5 Trendline Drawing Tools.
Shown Below is example of the MetaTrader 5 trendline drawing charts toolbar. To draw trend lines on a trading chart press this trendline drawing tool and select the point where you as a trader want to plot the upwards trend line or downwards trend line.
How to Draw MetaTrader 5 Trend Line - How to Draw MT5 Trend Line - How to Draw MetaTrader 5 Trend Lines on MetaTrader 5 - XAUUSD MT5 Draw Trendline Tools
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