Hurst Constant Envelope

2020년 10월 15일

This script follows the fundamentals described in J.M. Hurst works.
Constant Envelope is updated version of EMA with its 2 copies drawn with nominal distance from the base.
That make a constant width channels, unlike the standard envelope using the % concept.
Its width is not changed at different price levels.

2020년 10월 30일

릴리즈 노트

the Moving average last value is set up to be a half of wave length from the last bar on the chart
so is the default offset

changed shift to width

2020년 11월 1일

릴리즈 노트

Added second harmonic envelope, with span 2x basic

2020년 11월 2일

릴리즈 노트

Previous version had a mistake in theory, now
The second harmonic is now envelope with half span of the basic. Just as defined in "The Profit Magic Of Transaction Timing"