Forex Wiki Trading > FX Ind > Stoller Average Range Channels

Stoller Average Range Channels

  • November 13, 2013
  • Posted by: Forex Wiki Team
  • Category: FX Ind
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Stoller Average Range Channels
Author: Linuxser (2007.05.09 12:24)
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Stoller Average Range Channels 1
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Developed by Manning Stoller in the early 1980s, the bands will contract and expand depending on the fluctuations in the average true range component.

STARC (or Stoller Average Range Channels) bands are calculated to incorporate market volatility.

The original Stoller formula is:

Upper Band:  SMA(6) + 2 * ATR(15)

Lower Band:  SMA(6) - 2 * ATR(15)

The function of Starc Bands is different than other Bands based indicators.

If price action rises to upper band there is a high risk to buy and a lower risk to sell. As inverse, if price action rises to lower band there is a high risk to sell and a lower risk to buy.

Stoller Average Range Channels 2

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.
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