High/Low Envelope
Introducing the High/Low Envelope Indicator
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The High/Low Envelope, a dynamic tool plots the highest and lowest prices reached within a specified number of periods, offering insights into price movements. With default settings analyzing 14 periods, you have the flexibility to adjust properties to suit your preferences.
Customize line style and colour, The possibility to choose to plot only high, low, or both, ensuring a tailored experience. Whether you’re identifying support/resistance levels or anticipating breakouts, this indicator provides clarity and precision.
Easily navigate parameter settings to fine-tune your analysis. Enhance your trading strategy with this intuitive overlay on your price chart, guiding you towards informed decisions.