explain what js envelope indicator?

Envelope Indicator Kya Hai?

Envelope Indicator forex trading mein aik technical analysis tool hai jo price ki volatility aur trend ko assess karne ke liye use hota hai. Yeh indicator price ke upar aur neeche do bands create karta hai jo price ke movement ko indicate karte hain.

Envelope Indicator Kaise Kaam Karta Hai:

Envelope Indicator do lines banata hai jo price ke moving average ke upar aur neeche set hoti hain. Ye lines price ke normal range ko represent karti hain. Yeh lines ek percentage ke difference ke sath moving average se draw ki jati hain. Is percentage ko adjust karke aap bands ki width ko change kar sakte hain.

Envelope Indicator Ki Components:

1. Moving Average Line: Yeh line price ke average ko represent karti hai jo ki kisi specified time period ke liye calculate hoti hai.
2. Upper Band: Yeh line moving average ke upar set hoti hai aur yeh usually moving average ke percentage ke sath increase ki jati hai.
3. Lower Band: Yeh line moving average ke neeche set hoti hai aur yeh bhi moving average ke percentage ke sath decrease ki jati hai.

Envelope Indicator Ka Use:

1. Trend Identification: Jab price upper band ke upar hoti hai to yeh indicate karta hai ke market overbought condition mein hai aur jab price lower band ke neeche hoti hai to yeh indicate karta hai ke market oversold condition mein hai. Is se traders ko trend reversal ki possibilities ka idea milta hai.

2. Buy/Sell Signals:
Jab price upper band ko break karti hai to traders sell signal consider karte hain, aur jab price lower band ko break karti hai to buy signal consider karte hain.

Envelope Indicator Ka Faida:

Envelope Indicator ko use karke traders market ke volatility aur price range ko samajh sakte hain. Yeh unhein entry aur exit points determine karne mein madad deta hai aur market ki extreme conditions ko identify karta hai.

Envelope Indicator forex trading mein ek useful tool hai lekin isse use karte waqt hamesha other indicators aur analysis methods ke sath combine karna chahiye taake decision making zyada accurate ho.

**Daily Pivot Points Indicator in Trading**
Daily pivot points are essential tools for traders, providing critical levels that help in analyzing market trends and making trading decisions. Here’s an overview of the daily pivot points indicator in Roman Urdu:

**1. Pivot Points Ka Taaruf:**
Pivot points ek trading indicator hain jo daily price action ko analyze karte hain. Ye levels market ke possible support aur resistance points ko identify karte hain. Pivot points ke zariye traders yeh samajhte hain ke market kis direction mein move kar sakti hai.

**2. Calculation Ka Tareeqa:**
Daily pivot point ko calculate karne ke liye, aapko pichle din ki high, low, aur closing prices ki zaroorat hoti hai. Basic formula hai:
\[ \text{Pivot Point} (P) = \frac{\text{High} + \text{Low} + \text{Close}}{3} \]
Is pivot point ke around, support aur resistance levels calculate kiye jate hain.

**3. Support aur Resistance Levels:**
- **First Support (S1):** \( S1 = 2 \times P - \text{High} \)
- **Second Support (S2):** \( S2 = P - (\text{High} - \text{Low}) \)
- **First Resistance (R1):** \( R1 = 2 \times P - \text{Low} \)
- **Second Resistance (R2):** \( R2 = P + (\text{High} - \text{Low}) \)

**4. Trading Ke Liye Istemaal:**
Pivot points ko use karte waqt, traders pivot point ko ek reference point samajhte hain. Agar market pivot point se upar trade kar rahi hai, to yeh bullish signal hai, aur agar neeche trade kar rahi hai, to yeh bearish signal ho sakta hai. Support aur resistance levels market ke possible turning points ko indicate karte hain.

**5. Benefits:**
- **Trend Identification:** Pivot points trend ko identify karne mein madad karte hain aur market ki direction samajhne mein asaani hoti hai.
- **Entry Aur Exit Points:** Pivot points aapko entry aur exit points decide karne mein help karte hain. Support aur resistance levels ke around price action ko dekh kar trading decisions le sakte hain.
- **Market Sentiment:** Pivot points market sentiment ko samajhne mein bhi madadgar hain. Agar price continuously resistance levels ko break karti hai, to yeh bullish sentiment ko indicate karta hai.

**6. Limitations:**
- **Lagging Indicator:** Pivot points kuch had tak lagging indicator hain aur market ke recent trends ko reflect karte hain.
- **Not Foolproof:** Pivot points ke predictions hamesha accurate nahi hote, aur market conditions change ho sakti hain.

Daily pivot points indicator trading mein ek valuable tool hai, lekin isay akele nahi rely karna chahiye. Isay dusre technical analysis tools aur market research ke sath use karke trading decisions lein.