ChuChu Rocket wrote: Sun Sep 18, 2022 10:42 pm Neat, I would like to use it, would you contribute and share it with us?

Nadaraya Watson estimator (using built-in MT4 indicators)

Absolutely :

1. Open a clean chart without any indicator
2. Download and apply Nadaraya Watson Estimator to your chart (Attached)
3. Drag and Drop Envelope from the list of indicators on the Navigator menu
4. Set the envelope as follow :
   • Period 8
   • MA Method Simple
   • Apply to : Previous Indicator's Data
   • Deviation : 0.40%

PS: For a downloadable template & setup for MT4, please see: Nadarya Watson Channel for Ranging Markets.