MA Envelopes

Description

The Moving Average Envelope consists of moving averages calculated from the underlying price, shifted up and down by a fixed percentage.

Syntax

MAEnvelopes(double envelopePercentage, int mAType, int period)

MAEnvelopes(ISeries\<double\> input, double envelopePercentage, int mAType, int period)

Returns upper band levels

MAEnvelopes(double envelopePercentage, int mAType, int period).Upper[int barsAgo]

MAEnvelopes(ISeries\<double\> input, double envelopePercentage, int mAType, int period).Upper[int barsAgo]

Returns moving average value

MAEnvelopes(double envelopePercentage, int mAType, int period).Middle[int barsAgo]

MAEnvelopes(ISeries\<double\> input, double envelopePercentage, int mAType, int period).Middle[int barsAgo]

Returns lower band levels

MAEnvelopes(double envelopePercentage, int mAType, int period).Lower[int barsAgo]

MAEnvelopes(ISeries\<double\> input, double envelopePercentage, int mAType, int period).Lower[int barsAgo]

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

Parameters

Examples

1
// Prints the current upper band value of a 20 period SMA envelope using default price type
2
double upperValue = MAEnvelopes(0.2, 3, 20).Upper[0];
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Print("The current SMA envelope upper value is " + upperValue.ToString());
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5
// Prints the current lower band value of a 20 period SMA envelope using low price type
6
double lowerValue = MAEnvelopes(Low, 0.2, 3, 20).Lower[0];
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Print("The current SMA envelope lower value is " + lowerValue.ToString());

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.