Envelopes

The Envelopes indicator, also known as the Trading Bands indicator can be added to the chart by right click the chart and select Study Config to open the study configure window first, then select the “Envelopes” study from the Available Studies list and add it into the Current Studies list.

Explanation of Each Field

Average Period: Allows the user to adjust the study period for the Envelopes study.

Band Percents: Allows the user to adjust the percentages that will be used to create the upper and lower bands.

Upper Band Line Settings: Allows the user to adjust the line and color settings of the upper band.

Average Band Line Settings: Allows the user to adjust the line and color settings of the average band.

Lower Band Line Settings: Allows the user to adjust the line and color settings of the lower band.

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