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- default30perc- default2.5
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.
