View Single Post
  #2 (permalink)  
Old 05-08-2009, 02:04 AM
finimej finimej is offline
Senior Member
 
Join Date: Dec 2008
Posts: 132
finimej is on a distinguished road
you use the standard envelop indicator that comes with MT4.
set period to 800, sma, then you experiment with the derivation, try fibonacci digits, e.g. 0.318, 0.5, 0.214.. until you get the distance around your 200pips. This is the easiest way.
Reply With Quote