Kairos™

ExpMAEnvelope - Exponential Moving Average Envelope

The Exponential Moving Average Envelope indicator creates plus and minus bands around series of numbers, based on a percentage of the series.  For the ExpMAEnvelope, an Exponential Moving average of the input series is used.  A common use is creating support/resistance bands.

The ExpMAEnvelope indicator with a period of 21 and a factor of 5% on the daily timeframe.

ExpMAEnvelope indicator charted on the daily timeframe