What are signal envelopes?

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Conrad Rice
Answered 1 month, 2 weeks ago
<p id="isPasted">Envelopes are technical indicators that are typically plotted over a price chart with upper and lower bounds. The most common example of an envelope is a moving average envelope, which is created using two moving averages that define upper and lower price range levels.</p><p>Envelopes are commonly used to help traders and investors identify extreme overbought and oversold conditions as well as trading ranges.</p>