ChannelEdge Trader

NinjaTrader Indicator

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While trade management and exits are more important than where a trader actually enters a trade, having an edge for why a trade is taken in the first place is absolutely key. This tool has been created to do just that, by looping over historic patterns with a percentage function, signals are generated to create high probability trade levels and exit targets.

This is the popular Donchian Channel indicator with a twist. The indicator plots potential key reversal areas based on price action.

The user can set a look back of “NBarsHigherHighs” for Bearish reversals or “NBarsLowerLows” for Bullish reversals. The default is set to 5 bars, and the indicator will look for 5 consecutive bars touching the Donchian High or Donchian Low and begin to paint the background in the direction of the potential reversal.

*Indicator available for both NT7 and NT8


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All methods, techniques, charts, analysis or results presented by Emergent Cybernetics are for educational purposes only. The information provided should not be construed in any way as a recommendation to buy or sell any financial instrument. You should always consult with your licensed financial advisor and tax advisor to determine the suitability of any investment to your particular financial situation. Emergent Cybernetics and its affiliates, directors or agents will not be held liable or responsible for any investment decisions.Emergent Cybernetics nor any of its affiliates, directors or agents are a financial advisory service, nor a licensed financial advisor and do not provide financial advice whatsoever in any financial products. You understand and acknowledge that there is a very high degree of risk involved in trading securities and derivatives.Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.Further it should not be assumed that any methods, techniques or indicators presented will be profitable or that they will not result in losses. Past results of any individual trader or trading system presented are not indicative of future returns by that trader or system and are not indicative of future returns which may or may not be realized by you.All sales of any services provided by Emergent Cybernetics are final.