Envelopes indicator forex download

Envelopes technical indicator is formed with two Moving Averages one of which is shifted upward and another one is shifted downward. The selection of optimum relative number of band margins shifting is determined with the market volatility: the higher the latter envelopes indicator forex download, the stronger the shift is. Envelopes define the upper and the lower margins of the price range. This is similar to the interpretation of Bollinger Bands.

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