Indicators: Nadaraya Watson Envelope

[Automated-Trading]

Nadaraya Watson Envelope:

This tool outlines extremes made by the prices within the selected window size. This is achieved by estimating the underlying trend in the price using kernel smoothing, calculating the mean absolute deviations from it, and adding/subtracting it from the estimated underlying trend. Originally Made By LuxAlgo. Coded in MT5 format.

Author: 7bel6

[Alexandros Armeniakos]

Huge computational waste with nothing special

[NikoI]

I want to give more stars,but please solve the data consuption. This indicator has more accurate borderlines than the ragualar envelopes! That´s fine work!

[Hekaya]

Thanks alot appreciate your work.

[Dovik Dovikis]

hmmmm