Envelopes indicator also known as Trading Bands indicator, trader can add this indicator to their chart by right click the chart and select Study Config to open the study configure window first, then select the “Envelopes” from the study list and add it into the Studies In Chart field.

Envelopes/Trading Bands Configure window allows user to modify the Envelopes chart, such as change the study period and lines’ color. User can open this Envelopes Configure window either by click the “Config” button or double click the study “Envelopes” under Studies In Chart section.

Explanation of Each Field

·         Average Period: Allows user to adjust the study period for Envelopes study.

·         Band Percents: Allows user to adjust the percentages that will be used to create the upper and lower bands.

·         Color section allows user to modify the associate field’s line style, line color, and line width.