Tymen STARC Bands MT5 Indicator

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The Tymen STARC Bands indicator – MA+ATR bands.

It has seven input parameters:

  • ATR period – ATR calculation period
  • MA period – MA calculation period
  • Method – type of applied MA
  • Applied price – price used for calculations
  • ATR coefficient – ATR coefficient of external bands
  • ATR middle coefficient – ATR coefficient of internal bands
  • Show middle lines – display the middle MA line

The Moving Averages types which can be used for the Tymen STARC Bands:

  • Simple – simple moving average
  • Exponential – exponential moving average
  • Smoothed – smoothed moving average
  • Linear-Weighted – linear weighted moving average
  • Wilder Exponential – Welles Wilder’s exponential moving average
  • Sine-Weighted – sine-weighted moving average
  • Triangular – triangular moving average
  • Least Square – least square moving average (LSMA)
  • Hull MA by Alan Hull – Hull’s moving average (HMA)
  • Zero-Lag Exponential – exponential moving average with the minimum delay
  • Instantaneous Trendline by J.Ehlers – John Ehlers’ trendline
  • Moving Median – moving median
  • Geometric Mean – moving average based on the geometric mean method
  • Regularized EMA by Chris Satchwell – moving average based on Chris Satchwell’s Regularized EMA method
  • Integral of Linear Regression Slope – integral of linear regression slope (ILRS MA)
  • Combination of LSMA and ILRS – moving average – combination of LSMA and ILRS methods
  • Triangular MA generalized by J.Ehlers – John Ehlers’ triangular moving average
  • Volume-Weighted – volume-weighted moving average

Calculation:

Middle = MA
Highest = MA + ATR coefficient * ATR
Top = MA + ATR middle coefficient * ATR
Bottom = MA – ATR middle coefficient * ATR
Lowest = MA – ATR coefficient * ATR

where:

MA = MovingAverage(Applied price, MA period, Method)
ATR = AverageTrueRange(ATR period)

MT5 Indicators – Download Instructions

Tymen STARC Bands MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.

Tymen STARC Bands MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies

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How to install Tymen STARC Bands MT5 Indicator.mq5 to your MetaTrader 5 Chart?

  • Download Tymen STARC Bands MT5 Indicator.mq5
  • Copy Tymen STARC Bands MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your mt5 indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on Tymen STARC Bands MT5 Indicator.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Tymen STARC Bands MT5 Indicator.mq4 is available on your Chart

How to remove Tymen STARC Bands MT5 Indicator.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader 5 Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Tymen STARC Bands MT5 Indicator (Free Download)

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