OPEN-SOURCE SCRIPT
Indicator: STARC Bands
STARC (Stoller Average Range Channels) bands make use of ATR to form the bands, giving it a more in-depth snapshot of market volatility compared to Bollinger Bands.
When a price curve penetrates a Bollinger Band, it may indicate the continuation of a price move; in contrast, the STARC bands tend to define upper and lower limits for normal price action.
When a price curve penetrates a Bollinger Band, it may indicate the continuation of a price move; in contrast, the STARC bands tend to define upper and lower limits for normal price action.
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