A moving average envelope consists of a moving average and two other lines.
One line is above the moving average and the other line is below the moving average.
Together, these two lines form an upper and lower envelope.
Entry example:
Upper Envelope: 14-day SMA (14-day SMA 0 0.01) pips_set = open short position (TF=H1)
Lower Envelope: 14-day SMA – (14-day SMA 0.01) – pips_set = open long position (TF=H1)
Entry example:
Upper Envelope: 14-day SMA (14-day SMA 0 0.01) pips_set = open short position (TF=H1)
Lower Envelope: 14-day SMA – (14-day SMA 0.01) – pips_set = open long position (TF=H1)
Input Parameters: