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Indicator: trexper.ex4 (Unlocked), UserGuides: Installation Guide.pdf, Trexper Manual.pdf.
Trexper Indicator — Combining Five Powerful Concepts in One Trading Tool
The Trexper Indicator is built on the foundation of the well-known Donchian Channel—an indicator developed by Richard Donchian that highlights market highs and lows over a set period. It plots the highest high and lowest low of the past n periods, forming a channel that reflects price boundaries.
Trexper combines this with another strong technical tool: the Moving Average Ribbon, which overlays multiple moving averages of varying lengths on your chart. Our indicator uses 18 different moving average lengths, calculated using either Simple Moving Average (SMA) or Exponential Moving Average (EMA), to provide a smooth, dynamic picture of market trends.
How Trexper Works
Trend Identification:
When the current price is above the Donchian channel or moving average ribbon, it signals a bullish trend—buyers dominate and optimism grows. Conversely, when the price dips below, it indicates a bearish trend, with sellers taking control.Dynamic Support & Resistance:
These channels and ribbons act as dynamic levels where price tends to bounce or face resistance. Price floating above acts as support, while price below serves as resistance, helping you anticipate potential reversals or breakouts.Multi-Timeframe Analysis:
Trexper enhances precision by calculating higher highs and lower lows across multiple timeframes of the same asset, helping to generate reliable long and short trade signals.Advanced Signal Generation:
Using Average True Range (ATR) and True Range (TR), Trexper refines entry points by measuring market volatility, improving signal accuracy for both buying and selling opportunities.
Key Benefits of Using Trexper
Five indicators combined: Donchian Channel, Moving Average Ribbon, ATR, True Range, and Swing High/Low concepts in one powerful tool
Clear support and resistance levels, momentum, and trend direction visualization
Flexible ATR calculation: Switch between normal ATR and SMA-based True Range with a simple setting toggle
Customizable long and short signals you can turn on or off as needed
Trend strength insight: Gauge momentum by observing the spacing between moving average ribbons
Built-in alerts for timely notifications on trade signals
Lifetime access with compatibility across all currency pairs
Product Features Summary
Combines 3 core indicator concepts into one seamless tool
Generates clear long and short trade signals
Visualizes overall market trend dynamically
Highlights support and resistance levels that adapt with price movement
Measures trend strength for better trade confidence
Alerts for buy and sell signals included
Lifetime access for continuous updates
Suitable for all currency pairs
Upgrade your trading with the Trexper Indicator—the all-in-one solution that brings clarity, precision, and confidence to your charts.