How To Draw TrendLines?

This article will discuss the construction of trendlines, use of trendline in support and resistance analysis, and extended trendlines.

AutoEnvelope Indicators

Automatic EMA envelope.

Stoc-2B Indicators

You can choose Stochastic for only 1 current TimeFrame (TimeFrame2 = false; TimeFrame3 = false; TimeFrame4 = false) or up to 4 TimeFrames (TimeFrame2 = true; TimeFrame3 = true; TimeFrame4 = true).

AutoEnvelope Indicator

Another version for AutoEnvelope according to the format described by Dr. Alexander Elder in your book How To Take Profits, Cut Losses, and Benefit from Price Declines.

MT4 Guide - Installation

Download any MetaTrader4 installation program from the broker of your choice.

MT4 Guide - Market Watch Window

The “Market Watch” window can be activated by pressing the Ctrl+M key combination, or by using the View->Market Watch menu sequence or by clicking the button from the “Standard” toolbar:

MT4 Guide - Open a Position

In order to enable the “Order” window: