MarketWarrior 5.2017.6.16 has added two retracement indicators. These are named ‘ABC Retrace’ and ‘AB Retrace’. The upgrade for the new version can be downloaded in the MW 5 owner’s page.
The picture below shows the ‘ABC Retrace’ indicator. This indicator will draw two lines connecting three change-in-trend points. The indicator will then drawn retracement lines. The retracement calculation can be made based on the size of the AB line or the BC line.
Below is a picture of the ‘AB Retrace’ indicator. This indicator draws a line between two points and then drawns retracement price levels.