STARC bands
Definition
An indicator with an upper and lower band around a simple moving average of an asset's price. The upper band value is the simple moving average plus the average true range while the lower band is the simple moving average minus the average true range. The bands define the upper and lower limits of price action and signals the level of risk related to the asset.
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Capture Profits Using Bands And ChannelsAlthough Bollinger bands are more widely known, Donchian channels, Keltner channels and STARC bands have proven to offer comparably profitable opportunities. By diversifying your knowledge and experie ... Read more
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