stoller indicator for ProRealTime?

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Viewing 7 posts - 1 through 7 (of 7 total)
  • 01/19/2017 at 12:26 PM #21666
    arnau

    hello, I was wondering where I could find the stroller indicator for this platform. I have used it before in meta4 but i have not been able to find it dos this platform.

    Thanks.

    01/19/2017 at 12:38 PM #21667
    Nicolas

    Hey, I don’t know what is the stroller indicator, would you please share us the code/file and screenshots maybe? As long as it is not a commercial product of course.

    01/19/2017 at 1:05 PM #21671
    arnau

    this is the indicator, uses 3 lines

    01/19/2017 at 2:44 PM #21682
    Nicolas

    You are referring to the 3 dashed lines? This kind of indicator could be displayed of course, but at least the source code is needed to know how and where to draw these lines. Please share the .mq4 (metatrader4 source file) file if you have it.

    01/22/2017 at 9:13 AM #21991
    LUCASSEN

    I think this indicator

    Starc stands for the “Stoller Average Range Channel,” and by far, these are my favorite banding or channel techniques. It should be noted that they are interpreted much differently than Bollinger Bands.

    The same formula is used on all markets and for any time frame and is as follows:

    Starc+ = 6-period moving average + (2 x 15-period Average True Range) (ATR)
    Starc- = 6-period moving average – (2 x 15-period Average True Range) (ATR)

    The Average True Range (ATR) was developed by Welles Wilder and a fourteen period ATR is used for starc bands.

    The beauty of the starc bands is that unlike most indicators or methods, they can tell you when it is a high- or low-risk time to buy or sell. Using two times the ATR, Stoller estimated that 90% of the price activity should stay within the bands.

    greetings LUCASSEN

    01/22/2017 at 10:04 AM #21997
    Nicolas

    Thanks Lucassen, this indicator has already been converted, I found it in the Italian forum: STARC BANDS INDICATOR

    01/22/2017 at 7:35 PM #22062
    arnau

    Thank you Lucassen and Nicolas for all this information. I am going to start looking to it right away! 🙂

     

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