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The Moving Average Envelopes Percentage indicator shows the price as a percentage of the Envelopes channel.
There are five inputs:
- Period - calculation period;
- Deviation;
- Applied price;
- Overbought - the overbought level is set to 100% of the Envelopes channel by default;
- Oversold - the oversold level is set to 0% (bottom edge) of the Envelopes channel by default.
Calculations:
MAE = 100 * (Applied price - DN) / (UP - DN)
where:
UP = MA * (1+Deviation / 100.0) DN = MA * (1-Deviation / 100.0) MA - MA(Applied price, Period)

Fig. 1. MAE

Fig. 2. MAE + Envelopes
MetaQuotes Ltd에서 러시아어로 번역함.
원본 코드: https://www.mql5.com/ru/code/21648
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