Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Source | Close | Open, High, Low, Close, High-low average, Typical price, OHLC average |
| Length | 20 | 1 to 500 |
| Envelope width (%) | 10 | 0.01 to 100 |
| Average type | SMA | SMA, EMA |
What it plots
Drawn on the price chart, on the same scale as the candles.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Upper | Price | Line | after 20 candles |
| Middle | Price | Line | after 20 candles |
| Lower | Price | Line | after 20 candles |
Questions
What are the default settings of Moving Average Envelopes?
The defaults are Source: Close, Length: 20, Envelope width (%): 10, Average type: SMA. You can change every setting on the live chart.
Can I use Moving Average Envelopes for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.