Dow Theory reads the trend from just the order of recent highs and lows. e-DowTheoryVisual labels every swing as HH, HL, LH or LL, draws a zigzag colored by the trend, and shows the trend of the current chart and two higher timeframes side by side. MT4 and MT5 versions included.

Features

1. HH / HL / LH / LL labels on every swing high and low
2. Trend-colored zigzag - uptrend blue, downtrend red, range gray
3. Arrow signs on the bar where the trend changed
4. Two higher timeframes on the panel - switch them with the v buttons
5. Turn level - the price that would turn the current trend, with the distance in pips
6. Support / resistance and swing lines
7. Candle coloring by trend with one button
8. Sound, alert, e-mail and push when the trend changes or all three timeframes line up
9. Movable panel - works on 125% / 150% display scaling

Swing labels appear after the following bars close (14 by default), and the latest arrow sign may move when a new swing is confirmed. It gives no buy or sell signals.

What you get (one zip): MT4 indicator + connection EA, MT5 indicator + connection service, PDF manual. The connection EA / service only handles the license check; it never trades.

License: one trading account (real or demo, MT4 or MT5). Enter your platform at checkout (no account number needed). License number within 1 business day; it binds to the first account you run it on.

Not investment advice; no profit guarantee. Digital product: no refunds after download.