TMA with Envelopes
The trend indicator TMA with Envelopes MT4 follows the trend and marks price reversal points by adding arrows on the specified bar.
The indicator generates signals a little ahead sometimes. This provides a bit of time to analyze the market situation and to make a decision.
- Env_Period - period of Envelopes
- Env_Shift - shift of Envelopes
- Env_Method - Envelopes calculation method
- Env_Price - price applied for the Envelopes calculation
- Env_Deviation - percent deviation from the main Envelopes lineх
- TMA_Period - TMA period
- TMA_Price - price applied for TMA calculation
- CrossBar - signal bar
I hope you enjoy this indicator.