A. Basis Line's Type
1. Gaussian Filter script by Alex Orekhov (everget)
8. Hull MA
B. Default Percent of Envelop
1. Resolution (Time frame) <= 5: percent = 0.382
2. Resolution (Time frame) <= 15: percent = 0.5
3. Resolution (Time frame) <= 30: percent = 0.618
4. Resolution (Time frame) <= 60 (1H): percent = 0.786
5. Resolution (Time frame) <= 240 (4H): percent = 1.0
6. Resolution (Time frame) <= 1440 (1D): percent = 1.618
7. Resolution (Time frame) >1D: percent = 2.618
C. Custom Percent of Envelop
Default Percent of Envelop auto disable when Custom Percent of Envelop > 0 and the are set by user defined percentage.
1. fill background
2. Add Standard Deviation Envelop & ATR Envelop
3. By default only Percent Envelop is open. Check/uncheck types of envelop to active them.
Q1: Strategy for binaries?
A1: when price run to the envelopes consider to open Call or Put order if you like counter trend stategy. If you like breake out strategy you can mark where the price touch the envelops and wait the price break out that point to open the trade. Pls see Trading View Wiki Envelop to more details of Envelop Strategy. Tks
Q2: Telegram or WhatsApp?
Q1: add some sweet fill colours
A1: yes, I will code it later, tks
Q2: and another set of bands with a multiplier
A2: you can adjust multiplier at option: Custom percent of Envelop
Q: add some sweet fill colours and another set of bands with a multiplier?
A: pls update new version of script, tks