{"id":4057,"date":"2020-05-07T15:51:34","date_gmt":"2020-05-07T12:51:34","guid":{"rendered":"https:\/\/roboforex.com/blog\/?p=4057"},"modified":"2026-05-26T10:53:03","modified_gmt":"2026-05-26T07:53:03","slug":"trading-price-channels-with-envelopes-indicator","status":"publish","type":"post","link":"https:\/\/roboforex.com/blog\/blog\/2020\/05\/07\/trading-price-channels-with-envelopes-indicator\/","title":{"rendered":"Trading Price Channels With Envelopes Indicator"},"content":{"rendered":"\n

In this review, we will discuss the use of the Envelopes indicator. This indicator<\/a> draws a dynamic price channel on the chart, helping to find trade signals<\/a>.<\/p>\n\n\n\n

<\/span>What is the Envelopes indicator?<\/span><\/h2>\n\n\n\n

We may interpret the name Envelopes as referring to the envelopes we put letters in or in the sense \"skirting\", \"circumflexing\". I prefer the second description because the indicator looks like two curved lines rounding the price chart from above and below.<\/p>\n\n\n\n

Envelopes is a trend indicator. As I have already mentioned, it consists of two lines which are deviations up and down from a normal Moving Average<\/a> taken as the basis. I.e., based on a set MA (with the required period and averaging method) and the deviation size (in %), there appear two MAs on the chart.<\/p>\n\n\n\n

These two MAs of the Envelopes indicator form a so-to-say dynamic price channel on the chart. Each line acts as either support or resistance:<\/p>\n\n\n\n