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Moving Average Envelopes tfmt4

3

Moving Average Envelopes use a percentage of a simple moving average to create an upper and lower envelope around the moving average. Using the middle moving average value, the chosen percentage from the input is multiplied by the MA value to add upper and lower envelopes. As the MA value is different among markets and currency pairs, you must manually adjust the chosen percentage for each chart. If you do not see the envelopes on a chart, change the percentage to a smaller value until you see the envelopes.

Typical use is to see when the price breaks out of the envelope as this may indicate the beginning of a trend.

You can change the moving average and the percentage of the moving average. The screenshot shows the percent input value of 1.25% entered as 1.25 on the EUR/USD chart. The inputs include:

  • MA_periods: The number of bars to use in the moving average calculation
  • MA_method: The type of moving average calculation
  • MA_price: The type of price to use in the moving average calculation
  • Percent: The percentage to multiply by the moving average value to create the envelopes


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4.82 (28)
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Please send me Direct message on MQL5 CHAT after purchasing the Indicator for Training and Installation Support There are some additional files that is important to use with the Indicator . So be sure to contact me after purchasing the Indicator So that I can add you for training and support . If you find any difficulty with installation then send me Direct message here So that I can connect with you via Anydesk or Teamview for the product installation. " Smart Order Block Indicator " to find
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Matrix Arrow Indicator MT4
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5 (1)
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GTV Holdings, LLC
3.6 (5)
ATR Envelopes use a multiple of the Average True Range and add an upper envelope line and lower envelope line around a moving average. ATR Envelopes are also known as ATR Channels. Typical use is to indicate when the price breaks out of the envelope as the ATR measures volatility. Way of the Turtle by Curtis Faith uses this type of indicator as it shows tests of an ATR Channel Breakout trend following system. You can change the moving average period, the Average True Range period, and the number
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This indicator uses the chart information and your inputs to display a calculated lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation and splits your account equity into two parts, each having its own risk percentage. The concept behind "Market's Money" is using a lower risk percentage for your base account equity and then using a higher risk percentage for any equity above your base equity. This lets you potentially grow
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This indicator uses the chart information and your inputs to display the lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation. You can use this indicator to learn more about a better position size calculation than a fixed lot system. The indicator adds text directly to the chart to show you the current position size calculation, the risk % input, the ATR range input, the ATR value from the prior bar, the account equity at r
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This indicator uses the chart information and your inputs to display a calculated lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation and splits your account equity into two parts, each having its own risk percentage. The concept behind "Market's Money" is using a lower risk percentage for your base account equity and then using a higher risk percentage for any equity above your base equity. This lets you potentially grow
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GTV Holdings, LLC
3.6 (5)
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This indicator uses the chart information and your inputs to display the lot size and associated stop for long or short positions. It uses an ATR based percent volatility position sizing calculation. You can use this indicator to learn more about a better position size calculation than a fixed lot system. The indicator adds text directly to the chart to show you the current position size calculation, the risk % input, the ATR Range input, the ATR value from the prior bar, the account equity at r
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Filtro:
sunnychow
8665
sunnychow 2018.12.16 05:03 
 

Thanks for sharing

Maksym Mudrakov
28113
Maksym Mudrakov 2016.08.31 18:52 
 

El usuario no ha dejado ningún comentario para su valoración

MasterExpertAd
261
MasterExpertAd 2014.07.06 02:22 
 

El usuario no ha dejado ningún comentario para su valoración

Respuesta al comentario
Versión 1.2 2022.01.17
Compiled with current version of MetaEditor.
Added inputs to be able to change the type of Moving Average.