MAE_HI, MAE_LO

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Keyword Description

Moving Average Envelope (high band, low band)

Class

Indicator

Where Legal

Resources

Entry Logic

Exit Logic

Initial Size

Resize

(Pre-Category)

Resize

(Category-Level)

l

l

l

 

 

 

Syntax

MAE_HI[n,%]

Where n is the number of days in the study, and % is the bandwidth, in hundredths of a percent.

Example

Sample code

COL2 = MAE_HI[90, 100]

COL3 = MAE_LO[90, 100]

 

ThumbTack white

The MAE function allows you to place a "band" of moving averages around the price bars.  These bands can either be used to determine trading ranges, or to search for price breakouts.