Moving Above Envelopes MT5
- Leonid Basis
- Version: 1.7
- Updated: 20 November 2021
- Activations: 5
This indicator is based on the classical Envelopes indicator.
The proposed indicator has the ability to increase a smooth-effect in the Envelopes Indicator.
This indicator could play an important role in determining support and resistance.
nPeriod input parameter determines the number of Bars for Moving Above Envelopes calculation.