Weighted Moving Average Envelope (WMAENVELOPE)

StratCraft indicator page for a weighted moving average envelope.

Route: /indicators/wmaenvelope/

What It Does

WMAENVELOPE surrounds a weighted moving average with upper and lower percentage bands.

Formula

Upper = WMA(period) * (1 + perc / 100) and Lower = WMA(period) * (1 - perc / 100)

Parameters

  • period - default 30
  • perc - default 2.5

C++23 API

#include <nonabt/indicators/wmaenvelope.hpp>
auto wmaEnvelope = std::make_unique<nonabt::WMAENVELOPE>(data().close(), 30, 2.5);

Common Usage

  • Use it to detect stretch around a weighted average baseline.
  • Pair it with crossover or reversion logic.
  • Helpful when you want more recent prices to carry more influence.