NEMA Envelopesalessandromagno wrote: Thu Oct 05, 2023 7:17 pm Hello mladen, mrtools, and you guys. I'd like if someone transform the wonderful NEMA indicator created by mladen into an "Envelope NEMA" indicator. Can someone do it?
thank you very much
nema.mq4
Hello Alessandromagno,
Maybe try this version. On it you can use regular envelope deviation or standard deviation.
PS: For an explanation of NEMA, please see: What are Averages filters for MT4?
