Kolomiets Nazar 14.11.2016
Stoller Average Range Channels
Stoller Average Range Channels (STARC) are invented to cover most of the price action and determine the highest probability entry points when the price crosses any of its borders.
In basis, STARC uses values of average true range (ATR). This gives a more accurate behavior of the indicator and fewer false alarms in comparison with a very similar indicator Bollinger Bands, which are using closing price and the standard deviation to calculate.
The width of channels increases and decreases depending on market volatility. STARC decreases on the stable markets and expands if volatility increases.
More frequent use of STARC - this is the definition of the risk level before entering the market. Good Luck!
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