Moving Average Envelope

Posted by TraderWerks | Indicators | Monday 11 August 2008 2:27 am

The Moving Average Envelope Indicator plots a percentage above and below a moving average. This was on the old blog and I am re-posting it here.

The plot was developed from a article at VIX & more. After reading that article, I tried it out and it is much better than you would think. Sometimes simple indicators are the best indicators.

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