e-DowTheoryVisual — Dow Theory Swings with HH / HL / LH / LL Labels for MT4 & MT5

Dow Theory reads the trend from just the order of recent highs and lows. e-DowTheoryVisual labels every swing high and low as HH, HL, LH or LL, draws a zigzag colored by 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 — each swing is compared with the previous high or 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 — next to the current chart's trend; switch them with the ▼ buttons
5. Trend-change price — the level that would turn the current trend, with the distance in pips
6. Support / resistance and swing lines — levels broken again and again, and short lines on the latest high and low
7. Candle coloring — paint the candles in the trend color with one button
8. Notifications — sound, alert, e-mail and push when the trend changes or all three timeframes line up
9. Movable panel — drag the title to move, click to fold; works on 125% / 150% display scaling

How traders use it

• HH and HL in a row: uptrend. LH and LL in a row: downtrend
• The trend-change price on the panel tells you where the trend would turn
• Look for moments when the current chart and both higher timeframes point the same way

Swing labels appear after the following bars close (14 bars by default). When a new swing is confirmed, the section is re-evaluated, so the latest arrow sign may move.

It gives no buy or sell signals; use it as material for your own decisions.

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). 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.

This tool displays the trend. It is not investment advice and does not guarantee profits. Digital product: no refunds after download.