Description:
True Range Envelopes is based on the classical Envelopes indicator.
Instead of input parameter "Deviation" I used the data from Average True Range indicator and then MaOnArray function for smoothing all lines.
Image:
True Range Envelopes is based on the classical Envelopes indicator.
Instead of input parameter "Deviation" I used the data from Average True Range indicator and then MaOnArray function for smoothing all lines.
Image: