How does Nadaraya-Watson Envelope indicator helps in trading?

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Blanche Weber
Answered 3 months ago
<p id="isPasted">The Nadaraya-Watson Envelope indicator, a non-parametric statistical method, aids traders by providing a dynamic envelope around price data. This envelope helps identify potential support and resistance levels, overbought/oversold conditions, and trend directions, assisting in decision-making and trade management.&nbsp;</p><p><br></p>