Thanks for the quick reply administrator but the indicators above are using trend envelopes and not envelopes themselves that can be used for my grid Moving Average Strategy.
The default Envelopes in MT4 shows two lines with the percent deviation from the Moving average period while the trend envelope indicator only shows one where it is supposedly bullish or bearish.
I've used the default one in MT4 under Trend Folder and named Envelopes.
I would like the default one in MT4 to have the option of using all the averages.
Below is a picture example of what I was looking for. I used Simple Moving Average 80 with deviations 0.4%,0.6%,0.8% and so on to create the grid. Pink one is SMA 80.
I'd like to experiment using different MA types to see which one is more appropriate. Hence my request. Thanks in advance.
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