STARC bands - MetaTrader 5 için gösterge

STARC (Stoller Average Range Channels) show three lines which create a channel around an ordinary moving average. These three lines are:

• An n–period Simple Moving Average (SMA).
• An upper band, which is the n-period SMA plus an m-period Average True Range (ATR) multiplied by a constant K.
• A lower band, which is the n-period SMA minus an m-period ATR multiplied by a constant K.

STARC bands were developed by Manning Stoller.

Usage :the STARC Bands tend to define upper and lower limits for normal price action. Therefore, some traders use STARC bands to determine the level of risk prior to entry.