Dow Theory indicator that visualizes the “place to wait” in the chart ★ DowWave Marker
“Chances are not to be chased, but to be waited for”
the moment when a trend signals a reversal, or the timing of a pullback/restock.
Even though you understand it, in real-time markets you tend to feel rushed.
DowWave Marker (DWM)is...
“Make the place where you should wait visible in advance”
This is a Dow Theory indicator created with that concept in mind.
■ See the movement of DowWave Marker (DWM).
Running time: 4 minutes 50 seconds
In the video...
CHoCH (initial reversal)
BOS (trend continuation)
Watching (monitoring line)
Pullback line (basis for pullbacks/rests)
how these appear in the market,“trades you can wait for” are understood at a glance.
■ What is DowWave Marker?
DowWave Marker (DWM) is an indicator that automatically draws
trend reversal
trend continuation
clarification of entry opportunities
based on the swing structure on the chart.
In particular...
CHoCH → initial reversal
BOS → confirmation of the flow
Pullback line → where to “wait for the next move”
With these three perspectives, you can create a chart where you do not have to rush into entries.
■ [Case 1] In a trending market, waiting calmly becomes easier
In an uptrend, as BOS occurs repeatedly,“the trend is continuing upward”is naturally understood.
This makes it easy to...
Now is not the time to chase
Wait until the next pullback
and decide accordingly.
The same applies to a downtrend.
A series of BOS visually confirms the trend’s consistency.
■ [Case 2] Watching teaches “still wait for the right moment”
In a market with unclear trends, CHoCH and BOS appear alternately, and Watching lines line up above and below.
This indicates...
the direction is not yet defined
now is not the right time to enter
a signal of“range battle”.
You can check which way it will break and then calmly prepare your next move.
■ [Case 3] The pullback line reveals the next target
When CHoCH or BOS is confirmed, a pullback line is automatically drawn based on that swing.
This makes it clear...
the pullback buying target
the pullback selling target
the place to prepare the next trade
and you can understand it easily, allowing you to wait for the "next come" instead of forcing a chase.
■ [Basic knowledge] The CHoCH and BOS mechanism (simple beginner-friendly diagram)
In an upturn...
lower lows are risen
higher highs → CHoCH or BOS
wait for a pullback with the pullback line
This is the flow.
In a downturn, the same applies...
lower highs are made
new lows → CHoCH or BOS
wait for a pullback to sell at the pullback line
Thus the structure.
DowWave Marker (DWM) draws this flow in real time, supporting decisions when hesitation arises.
■ Announcement of MT5 version release
Until now it was available only in MT4, but the MT5 version DowWave Marker has been released.
Even for those who usually analyze charts in MT5,you can use DowWave Marker (DWM) with its readabilityas is.
■ Finally
DowWave Marker (DWM) is not a tool that emits flashy signals.
However...
where to wait
where the structure changes
where the targets are formed
is presented simply, leading to calmer and more stable trading.
If after watching the video or image you feel“curious”please also take a look at the product page.
We offer both MT4 and MT5 editions.
