Indicators: Another version for AutoEnvelope

 

Another version for AutoEnvelope:

Another version for AutoEnvelope according to the format described by Dr. Alexander Elder in your book How To Take Profits, Cut Losses, and Benefit from Price Declines.

Author: Luis Henrique Terbeck Pinto

 

Hello, this indicator seems to me to be very interesting but, I believe that the image does not correspond with the published code.
Regards

 
Kuravaina:

Hello, this indicator seems to me to be very interesting but, I believe that the image does not correspond with the published code.
Regards


Hello,

the autoenvelope code will just generate the two orange lines correspondig to the value zone where the prices are running. The other two indicators are MACD code (which I adapted to also generate the HISTOGRAM) and FORCE INDEX code, the last one is standard in the vesion 4.0.

Best regards,

Luis H. Pinto

 

the upper and lower lines of this indicator repaints. do you have a non repainting version? thanks

Reason: