e-LineTraderPro2 - Multi-Timeframe Horizontal Lines for MT4 & MT5

Higher-timeframe levels on the chart you are watching. MT4 and MT5 versions included.

e-LineTraderPro2 finds the swing highs and lows that Dow Theory marks as important and draws horizontal lines for up to 20 timeframes (M1 to W1) on one chart. Each line is labeled with its timeframe and start date, so you can see which timeframe a level belongs to without switching charts.

Why I built it this way

1. Read the market faster. The levels of H4, D1 and W1 appear on the H1 chart you are watching, without switching charts.
2. Never wonder which line is which. Every line shows its timeframe and start date, so you know how much weight it carries.
3. Where lines of several timeframes overlap, the price tends to matter. Version 2.10 turns this into a feature: a gold band marks the prices where lines of different timeframes gather.
4. Know the distance to the next line. The panel shows the line just above and just below the price with its timeframe, price and distance in pips, which helps when you plan where to take profit or cut a loss.

You can show lines only, zigzag only, or both, and set the color and width of the lines for each timeframe.

New in v2.10

• New panel: timeframes, display, nearest lines, alerts, info and position in one panel
• Nearest lines: the line just above and just below the price, with timeframe, price and distance in pips
• Overlap band: a gold band where lines of different timeframes gather
• Line touch alerts: alert, e-mail and push notification when the price reaches a line

Also

• Dow Theory zigzag, Tokyo / London / New York session boxes (DST automatic), spread and bar countdown
• Colors and widths per timeframe. Closed bars only. Any symbol

What you get

One zip: MT4 indicator + relay EA, MT5 indicator + relay service, PDF manual. The relay only talks to our license server; it never trades.

License

One trading account (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 your license number within 1 business day (Japan time). The license binds to the first account you run it on..

Requirements

MetaTrader 4 or 5 for Windows. Internet connection for license checks.

This is a tool that displays market conditions. It is not investment advice and does not guarantee profits. Digital product: no refunds after download.