VOLATILITY, DISPERSION & CANDLES
STARC bands
A price channel built on a short average with volatility-scaled edges — traditionally used to judge whether a breakout is worth chasing.
spec id: starcoutputs: upper · mid · lowerlength (default 5)
What does STARC bands measure?
A price channel built on a short average with volatility-scaled edges — traditionally used to judge whether a breakout is worth chasing.
How is STARC bands calculated?
The middle line is a 5-candle simple average of the close. The bands sit two times the 15-candle average true range above and below it.
Written by reading the engine’s real computation, not a textbook — where the two differ, the page describes what actually runs.
How do I use STARC bands in a bot?
In the builder, add an indicator of type starc (parameters: length, default 5). Its output series — upper, mid, lower — become operands you can compare in any entry or exit rule. The engine grades the whole rule honestly: real fills, no look-ahead, half the history held back.
Related indicators
- Std deviationHow spread out prices have been — the raw, unscaled volatility number that Bollinger Bands are built from.
- True rangeHow far the stock actually travelled in one candle, counting any overnight gap.
- Ulcer indexA volatility measure that only counts the PAIN — how deep drawdowns went and how long they lasted.
- Upper shadowThe wick sticking up above the candle's body — how far buyers pushed before sellers took it back.
Or browse all 158 indicators in the full library.