Envelopes

envelopes

Function Name: envelopes

Tags: None

Category: Trend

The Envelopes represent bands that are plotted in a certain, identical relationship above and below the Moving Average.

 

Link:       http://www.investopedia.com/terms/e/envelope.asp

 

Parameters

period

 

Default Value: 38  |  Minimum: 2  |  Maximum: 9999

 

Type: Numeric

shift1

 

Default Value: 2  |  Minimum: 0.01  |  Maximum: 100

 

Type: Numeric

shift2

 

Default Value: -2  |  Minimum: -100  |  Maximum: -0.01

 

Type: Numeric