Envelopes |
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| Parameter | Default | Acceptable Values |
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Length |
20 |
1 to 1,000 |
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Offset |
0 |
-1,000 to +1,000 |
| Source |
Close |
Open, High, Low, Close |
| Exponential |
Off |
On or Off |
| Percent |
10.00 |
0 to 100 |
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Example |
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200 Period 10% Envelopes with zero offset based on the last price: 200, 0, Close, Off, 10 |
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45 Period 20% Exponential Envelopes with zero offset based on the opening price: 45, 0, Open, On, 20 |
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Description |
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Envelopes are created by adding and subtracting a specified percentage from the simple (or exponential) moving average. Offset is an option |
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ErlangerQuote Special |
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The study label, the text box that shows its current value, can be placed on either the left or the right axis. |
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