Moving average envelopes are created by plotting 2 lines at a percentage or points away from either side of the MA.
MAEs are good to figure out the best resistance and support levels.
We can add/close/open new positions when touching the support/resistance levels as well as when price crosses the middle line.
MAEs are good to figure out the best resistance and support levels.
We can add/close/open new positions when touching the support/resistance levels as well as when price crosses the middle line.
