Topic: MA envelopes
does the picture show what i think it shows: a 200-period MA with bands at 1% ?
on the Indicator Chart the bands seem very far apart, and price never touches them at all (EURUSD M5)
1 2014-03-19 19:39:51 (edited by jivetrader 2014-03-19 19:40:30)
- Blaiserboy
- Junior Part-Time Aspiring Space Cadet
- Offline
Re: MA envelopes
you can reduce the deviation to fit whatever u wish
My 'secret' goal is to push EA Studio until I can net 3000 pips per day....
3 2014-03-19 20:47:21 (edited by jivetrader 2014-03-19 20:48:04)
Re: MA envelopes
are these 1% bars ? they look too wide on the chart.
also, how would you write this entry: buy when price crosses and closes below the lower band ? is this correct:
open point- bar closing
open logic- Envelopes. The bar opens below Lower Band after opening above it.
thank you.
- Blaiserboy
- Junior Part-Time Aspiring Space Cadet
- Offline
Re: MA envelopes
jivetrader wrote:
are these 1% bars ? they look too wide on the chart.
also, how would you write this entry: buy when price crosses and closes below the lower band ? is this correct:
open point- bar closing
open logic- Envelopes. The bar opens below Lower Band after opening above it.
thank you.
The indicator has in it the buy or sell conditions which you can choose from
My 'secret' goal is to push EA Studio until I can net 3000 pips per day....