Description
The Stoller Average Range Channels indicator is designed to identify market volatility using a measure of the Average True Range. The STARC Bands create a channel above and below a moving average of the price. The width of the channel increases and decreases based on the variation in the ATR. The upper and lower bands are calculated by adding and subtracting a weighted ATR to the moving average, respectively.
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sktrader
Joined on 03.08.2012
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: STARC.algo
- Rating: 5
- Installs: 3676
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