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Smart Retracement Channel

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Product Description

 Follow the trend like a pro with:

Sabertooth Tiger Trading - RK-Sys Platinum v4 - [System] ThunderZilla - PANA Kanal - [Package] Alpha Wolf Trading 

noble-cloud

Here comes Smart Retracement Channel....

Trading with trend channels is a traditional method, but indicators for this trading concept have not been widely available. If you enjoy trading with trend channels, have you ever faced challenges such as:

  • Have no idea when to draw a trend and when to draw trend channels. 

  • Difficulty identifying swing points to draw the price channel and then analyze them. 

  • Having to manually draw channels, which can lead to mistakes, lower accuracy, and take a lot of time.

Then explore Smart Retracement Channel, our first price channel indicator. 

Why choose Smart Retracement Channel?

We named it "Smart Retracement Channel" as it smartly determines when and where to map out trend channels.

Key benefits this indicator brings you:

  • It provides a 2-color trend plot to help identify trends and enables the indicator to determine when to draw upward and downward trend channels.

  • It identifies retracement ranges through swing points, and then automatically plots trend channels.

  • It provides reliable breakout signals when the price channel is broken, indicating that the price has moved past the retracement period and is beginning to return to the main trend.

  • No random drawings; everything is based on the trend and strict algorithms. 

  • Both time and effort saving, yet optimizing your process of analyzing the market.

How it works:

1. To identify an uptrend channel and a breakdown signal:

down-retracement

2. To identify a downtrend channel and a breakup signal:

up-retracement

Smart Retracement Channel…

…is our first and pioneering indicator for this well-known trading concept, offering a fresh approach to trend channels, making it easier for you to find trend continuation points.

Dedicated NinjaScript signals:

  • Signal_Trend: 1 = uptrend, -1 = downtrend
  • Signal_Trade: 1 = break up, -1 = break down, 0 = no signal

Software Changelog

  • 01 Feb 2025 - The indicator was released (built new).

Product Media

These media materials may have been recorded/captured in favorable markets. Please review our acceptable marketing practices.

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From very happy customers... 500+ reviews →
  1. product_image Smart Retracement Channel $$
    5 5

    Total Alert

    I wanted to say that Global Zlert is really wonderful and works superb, the many options are amazing!

  2. product_image Smart Retracement Channel $$
    5 5

    MA Crossover

    Great indicator… Best money I have spent on trading all years.

  3. product_image Smart Retracement Channel $$
    5 5

    Custom Bar HLC

    I have downloaded my file. I have to say wow exactly what I wanted. So much easier to read individual price bars now and so much easier to spot my trade setups. Thank you very much, Pi !!!

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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