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Indicators: Another version for AutoEnvelope

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MetaQuotes Software Corp.
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181343
MetaQuotes Software Corp. 2011.04.26 07:25 

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

MQL4 Comments
16319
MQL4 Comments 2011.04.26 10:41  

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

Luis Henrique Terbeck Pinto
3
Luis Henrique Terbeck Pinto 2011.04.27 19:44  
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

MQL4 Comments
16319
MQL4 Comments 2011.06.13 11:28  

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

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