Technical Indicators for MetaTrader 5

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MetaTrader 5

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Information

Indicators
MetaTrader 5
Leonid Basis
1.7
5

Overview

This indicator is based on the classical Envelopes indicator.

The proposed indicator has the ability to increase a smooth-effect in the Envelopes Indicator.

This indicator could play an important role in determining support and resistance.

nPeriod input parameter determines the number of Bars for Moving Above Envelopes calculation.

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