Starc Bands Indicator
Platform: MT4 Type: Channel Last update: October 5, 2024The Starc Bands Indicator means Stoller Average Range Channels Bands indicator. In fact, it works in a similar manner to the Bollinger Band.
The upper and lower bands are calculated around a simple moving average to predict price movement. A price swing to the upper band means potential pullback towards the central moving average, and a swing to the lower band indicates a potential upward move to the central moving average.
We suggest to use it as a filter for opening and exiting transactions. Go ahead and add it to your best trading system.
