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UnknownUnicorn5740924

Double Envelope

UnknownUnicorn5740924  
Trend Analysis BB Envelope (ENV) Parallel Channel trend doubleenvelope
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trendanalysis bb envelope parallelchannel trend doubleenvelope
Double Envelope is an indicator that is created using two pairs of moving averages that determine the upper and lower levels of the price range. Envelopes are commonly used to help traders and investors identify extreme overbought and oversold conditions as well as trading ranges.

We advise you to use the indicator on the daily timeframe, it is there that the resolutions that are set by default work best.
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