Forex Trading Strategy 02 - Moving Average Channel Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average, which forms the base for this indicator, can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving average as the base, Moving Average Envelopes can be used as a trend following indicator. However, this indicator is not limited to just trend following. The envelopes can also be used to identify overbought and oversold levels when the trend is relatively flat. Calculation for Moving Average Envelopes is straight-forward. First, choose a simple moving average or exponential moving average. Simple moving averages weight each data point (price) equally. Exponential moving averages put more weight on recent prices and have less lag. Second, select the number of time periods for the moving average. Subscribe this channel for more videos https://www.youtube.com/channel/UCIYhPpEvtKWBXG1dW6cT5AA #Moving Average Channel #Moving Average #Channel Trading #Envelope Trading #How to Trade Forex #Forex Trading Strategy #Forex Trading System #Commodities Trading #Indices Trading #Stock Trading #Stock Trading Strategy #Trading Strategy #Trading System #Metatrader Indicator #Trading Indicators #Forex Strategy #Trading with Indicators #Future Trading #Future Trading System #Stock Trading System #MA Channel #How to Trade Stock