Basic 3 Indicator Set — Dow Theory Direction, Key Levels and Trendlines for MT4 & MT5
Three indicators that read the market the way most traders do: the direction (Dow theory), the levels everyone watches, and the trendlines. MT4 and MT5 versions included.
The idea of this set is simple. When the direction, the price levels and the chart shape point the same way, the market is easier to read. Each indicator covers one of the three.
What is inside
- e-DowgatorPro2 — Dow theory direction from M1 to D1 on one panel, with the line where the direction changes
- e-LineTraderPro2 — highs and lows of up to 20 timeframes drawn as horizontal lines; overlapping lines become a gold zone
- e-TrendLineSnap — trendlines drawn from swing highs and lows; triangles and channels stand out; save up to 5 drawings
How to use them together
- Direction: are the higher timeframe and your timeframe pointing the same way? (e-DowgatorPro2)
- Room: is there space to the next watched level in that direction? (e-LineTraderPro2)
- Shape: does the trendline break agree? (e-TrendLineSnap)
When the three do not agree, you can simply skip the trade. This set shows the market state; it does not give buy or sell orders.
Notifications: alert and push notification for direction changes, level touches and trendline breaks.
What you get (one zip): MT4 and MT5 files of all 3 indicators, the connection EA / service for the license check (it never trades), PDF manuals.
License: one trading account per indicator (real or demo, MT4 or MT5). After purchase, reply to your receipt e-mail with your order number and MT4 or MT5 (no account number needed). We send 3 license numbers within 1 business day (Japan time). Each license binds to the first account you start it on.
Requirements: MetaTrader 4 or 5 for Windows. Internet connection for license checks.
This is a set of tools that display the market state. It is not investment advice and does not guarantee profits. Digital product: no refunds after download.