Moving Average Displaced Envelope. These envelopes are calculated by multiplying percentage factors with their displaced expotential moving average (EMA) core. How To Trade Using: Adjust the envelopes percentage factors to control the quantity and quality of the signals. If a previous high goes above the envelope a sell signal is generated. Conversely, if the previous low goes below the envelope a buy signal is given.
Hpotter, thank you for this, is it possible to create a script with SMA based envelopes which is plotted back in time by a fixed number of candles/bars (i.e a 20 day SMA envelope is offset by - 10 when plotted, calculation remains the same, but it is moved 10 candles back and plotted) This can be used to identify the major troughs which is the starting point for hursts cycle analysis. Thank you again !
deepaka97
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Is this same as suggested by hurst cycle phasing under name "cycle envelope (Hurst dominancy envelope) (band of centered MA)"i somehow not quite understood the construct. thanks.
umbajwa
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Thanks HPotter for the Displaced Envelopes ...its really good indicator for cycle trading.I have a request , can you please add these moving average options in the envelopes.Arnaud L Moving Average, Hull Moving Averaged and Smoothed Moving average for more smoothed signals.Many Thanks!