Kijun Sen and Envelope – indicator MetaTrader 4
This indicator draws: 1 Kijun Sen + 1 Envelope + 3 Price Labels. The Kijun Sen, Envelope and Price Labels can be shown/hidden as required. Envelopes can be used to identify: Price ranging; Overbought price levels; Oversold price levels; Take Profit levels; Stop Loss Levels. Lower timeframes will require higher Kijun Sen periond and lower … Read more