continuous line showing 4% offset from price
I'm trying to chart a continuous line with a 4% offset below a daily price line. any thoughts on how to do this? If i can figure how to do this, I wanted to do the same for a 5-10% offset above the same daily price line. KJ
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Comments
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MA Envelopes are designed to plot a percentage offset from a moving average line. So you could us a 1,4 for your envelope and see if that fits your needs.
Link below:
https://school.stockcharts.com/doku.php?id=technical_indicators:moving_average_envelopes0
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