f-man
4Xangels Representative
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How is the Envelope differnet than using bollinger bands? Dont they both accomplish the same thing?
The Envelope is 100% parallel to the MA, while the Bollinger Bands are sensitive to other factors as well.
Put them both on the same chart and you will see the difference.
There were some posts about the direct comparison here:
https://www.forexpeacearmy.com/fore...0-bollinger-bands-vs-envelopes.html#post27175