TMA with Envelopes

The trend indicator TMA with Envelopes MT4 follows the trend and marks price reversal points by adding arrows on the specified bar.

The indicator generates signals a little ahead sometimes. This provides a bit of time to analyze the market situation and to make a decision.

Indicator Parameters

• Env_Period - period of Envelopes
• Env_Shift - shift of Envelopes
• Env_Method - Envelopes calculation method
• Env_Price - price applied for the Envelopes calculation
• Env_Deviation - percent deviation from the main Envelopes lineх
• TMA_Period - TMA period
• TMA_Price - price applied for TMA calculation
• CrossBar - signal bar

I hope you enjoy this indicator.