BigProfit Profit through Algo & Technical Trading

Donchian Channels are trend-following indicators designed to spot price trends and identify trading opportunities. When breaking above an upper band or breaking below a lower band, traders should enter long positions whereas when breaking below either band they should shorten. Richard Donchian designed his indicator with this purpose in mind and most traders use it accordingly today. Highs Donchian channels …

Linear Regression Indicator is an easy-to-use technical analysis tool for creating trading channels. It works according to an advanced mathematical formula based on regression analysis. The indicator uses linear regression trend lines to plot their final values over a set number of bars, showing statistically where price should settle in relation to expected values, making it more responsive than moving …

TRIX calculates the percentage rate of change of triple exponentially smoothed moving average closing prices over any given timeframe, making it a versatile indicator that can be applied across time frames. Traders frequently look out for bullish or bearish divergences between TRIX and price to predict turning points, something typical of momentum indicators like TRIX and MACD. Trend Indicator The …