Good, question: No change. In that video I had mentioned that I fielded a reply from a member as to what that Exp Envelope setting was & how I used it (he noticed it on my daily charts). That setting has been on my daily charts for quite a while & if you look at the left-hand margin of most of the charts that I post, you will see number tabs of various indicators & technical tools/overlays which I’ve added over the years.

I strive to keep my charts as clutter-free as possible for both my own benefit as well as those that I am sharing the charts with. While I prefer to keep things simple & consistent by focusing on just a few indicators along with price & volume (e.g.- MACD, PPO & RSI), I will very often click on those docked tabs on the left of my chart when analyzing it in order to add those pre-configured TA tools, including the Bollinger Bands.

As mentioned in the video, I find that nearly all of the time, the Bollinger Bands provide little to no predictive value when prices are trading inside of the bands. The only time that I find the BB’s useful is either when they pinch to extremes or we get a candle(s) pierce outside of the bands (both of which have been highlighted in my analysis many times over the years although those are relatively infrequent events). As such, to show the BB’s on my charts along with the trio of EMAs (20,50 & 200) that are already there as well as the Exp Envelope Channel plus any or all of those other 10+ indicators would render my charts looking like a Christmas tree… very busy & hard to decipher.

I see, thanks for the explanation. you the best!!!

@jiunit23 The reason for the varying widths of the MA Envelopes on different securities when using the same settings is due to the difference in daily price swings & overall volatility.

For example, IWM typically moves up or down less than 1% per day with a move over 2% relatively infrequent. CVE on the other hand, is a volatile energy stock where daily price swings of over 3% are more the norm than the exception. As such, the candles for CVE will move considerably higher & lower above & below the same 1.3% range around the 9-day ema on that stock. Hence, the reason that I play around with the settings on every different stock, index or ETF that I use the MA envelopes on in order to find the best “fit”.

Thanks
Ji