Advanced Gold Trendline Strategy
Auto Trendline Indicator
There are two different types of gold trend lines - upwards gold trend line & downward gold trend line. Procedure of how to draw gold trend lines for upwards gold trend & how to draw gold trend lines for downwards gold trend is described below:
How to Draw XAUUSD Trend Line MetaTrader 4 Indicator
To draw an upwards gold trend line we use support levels. To plot upwards gold trend line correctly 2 support areas are used as displayed on the upwards trend line example illustrated and explained below - Advanced Trendline Strategy.
Advanced Trend Lines MetaTrader 4 Indicator on XAUUSD Charts - How to Draw Gold Upward Trendline
XAUUSD Downwards Trendline
To draw downwards gold trend line we use resistance zones & to draw downwards gold trend line correctly two resistance areas are used as illustrated on the downwards gold trend line example illustrated and explained below - Advanced Trendline Strategy.
How to Draw Trend Lines on XAUUSD Charts - How to Draw Downwards Gold Trend Line
How to Draw XAUUSD Trend Lines
To draw Gold Trend Lines MetaTrader 4 Indicator in MetaTrader 4 XAUUSD Charts use MT4 Charts Drawing Tools for Drawing Gold Trend Lines in MT4 XAUUSD Charts
The MT4 gold trend line drawing tools used to plot gold trend lines in MT4 are located on the MT4 drawing charts toolbar within the MT4 platform, To access this MetaTrader 4 charts drawing tools toolbar if it is not activated on your MT4 platform, Click in "View" Next to the "File" menu at top left corner of MT4 platform and click "View", Then Click on "Tool Bars" button key, Then Check the "Lines Toolbar" by clicking on it - XAUUSD MetaTrader 4 Draw Gold Trend Line Tools MetaTrader 4 Indicator - Gold MetaTrader 4 Trend Line Drawing Tools.
Below is example of the MT4 gold trendline plotting charts toolbar. To draw gold trendlines on a gold chart click on this MetaTrader 4 gold trendline plotting tool and select the point on the gold chart where you want to draw the upward trend line or downwards gold trend line.
Auto Trend Lines & Channels Indicator - Advanced Trendline Strategy MetaTrader 4 Indicator - Auto Trendline Indicator - Auto Trend Lines Indicator MetaTrader 4 - Auto Trend Lines Indicator MetaTrader 5
