Envelopes Indicator for MetaTrader 4 Download - Free - TradingFinder]

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  • Indicator for MetaTrader 4

  • Envelopes Indicator

  • Age 3+

  • level: intermidiate

  • English

Author's Instructions

The Envelopes Indicator is a technical analysis tool used in financial markets to identify support and resistance zones and detect trend reversals.

This Volatility MT4 indicator is formed by two lines with a fixed percentage deviation around amoving average. The blue and red lines help identify overbought and oversold levels.