Dow theory Indicator for Free

Dow theory Indicator for Free ver.1.0

Shows current trends based on Dow theory.
Draws a horizontal line automatically from the latest 2 highs and 2 lows.

Release Notes

Dow theory is a very famous theory, so if you want to know it, please check it on the Internet.

Release Notes

Improved input form and internal processing.
There is no change in operation.

Release Notes

Dow theory Indicator for Free ver.3.0

It is now possible to switch the label mode.
When the "Label Mode" switch is turned on, the price label will be only the last 4 vertices.

ラベルモードの切り替えが可能になりました。
「Label Mode」のスイッチをONにすると、価格ラベルが直近の4頂点のみになります。

Release Notes

Dow theory Indicator for Free ver. 4.0

Pine script version 5 is now supported.
Refactored and improved internal processing.

Pineスクリプトバージョン5に対応しました。
リファクタリングを行い、内部処理を改善しました。

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

AIZEN_MT

オリジナルインジケーターの解説noteです。
note.com/tetsum_mint

質問はTwitterにお願いします。
twitter.com/mnt_coins

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

AIZEN_MT

オリジナルインジケーターの解説noteです。
note.com/tetsum_mint

質問はTwitterにお願いします。
twitter.com/mnt_coins

Also on: