The Trend Channel #2 indicator can be purchased separately, or is available as part of the Club Membership. To get access to our entire collection of indicators, including any future releases, click here to join the Club.
The NinjaTrader Trend Channel #2 indicator was designed to build upon the trend capabilities found in the Trend Channel #1, but expands upon the capabilities of finding dynamic support and resistance. Not only does it try and define S/R, but it also defines the overall trend in the market depending on where price is in relation to the channel, which includes defining when the market is in “chop.” The indicator is built on our Moving Average Framework, which allows users to easily run the indicator on multiple time frames (MTF), including custom bar types. To preview “The Framework” that makes our indicators a necessary part of every traders arsenal, please review the following video: