Envelopes

Envelopes ATR MT5 – indicator MetaTrader 5

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Envelopes ATR MT5 - indicator for MetaTrader 5
This is a modified Envelopes indicator for measuring the price deviation. It displays the upper and lower borders of the price deviation from МА calculated considering the average volatility of the symbol according to ATR indicator. The deviation may be displayed as ATR deviation and standard МА deviation simultaneously. The indicator has been created upon … Read more

RSI Сandles – Smoothed with Trend Envelopes – indicator MetaTrader 5

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RSI Сandles - Smoothed with Trend Envelopes - indicator for MetaTrader 5
RSI Candles (RSI that calculates RSI of High, Low, Open and Close and displays those values as candles) with an addition of Trend Envelopes. This version is having an additional option to filter (smooth) the prices prior to using them in RSI calculation (which, effectively makes it an RSI of average). The averages that can … Read more