Well yeah, High price : Upper Envelope & Low Price: Lower Envelope was able to incorporate some more trading opportunities (Improvement), however they are a few that are left unnoticed, i.e. when candle price moves out of envelope but later candle closes within the boundary.mrtools wrote:Fri Feb 19, 2021 3:03 am
Right now it's using close price <>upper/lower envelope maybe could use low price < lower envelope and high price > upper envelope just not sure how that would work.
NZDUSD 1HR Shows perfectly a potential profitable trade that was missed (High Price: Upper Envelope Settings). See Attached.