MA Envelopes

Here we have a Simple Moving Average (SMA) (period adjustable under 'edit') between two bands. These two bands are set the same percentage (percentile adjustable under 'edit' as deviance, default 2%) above/below, creating parallel lines to the SMA.

Parameters: Period & Deviance.

For additional help on what the different parameters mean, that isn't included on this page, click here.

MA Envelopes

Here is an example of the MA Envelopes chart study (on a London Stock Exchange graph)

Reading the study:

MA Envelopes can be useful for observing when a security moves within or outside of a certain percentage difference of the Simple Moving Average.

Reading the study: MA Envelopes

Here is an example of a the MA Envelopes with the price line (of the London Stock Exchange), and what it may indicate