Smart Retracement Channel, Ninza.co first price channel indicator.

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

Have no idea when to draw a retracement range and when to draw channels for those retracements.

Difficulty identifying swing points to draw the retracement 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?

Named "Smart Retracement Channel" as it smartly determines when and where to map out retracement channels.

Key benefits

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

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

• It provides reliable breakout signals when the price channel is broken, indicating that the price has moved past the retracement range 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 upward retracement channel and a breakdown signal:

2. To identify a downward retracement channel and a breakup signal:

Smart Retracement Channel is our first and pioneering indicator based on the well-known trading concept of Price Channel, offering a fresh approach to retracement channels, making it easier for you to find trend continuation points.