Unlocking the Tymen STARC Bands Indicator for MetaTrader 5

Hey fellow traders! Let's dive into the Tymen STARC Bands indicator, a nifty tool that combines Moving Averages and ATR (Average True Range) bands to give you an edge in your trading.

This indicator comes packed with seven customizable input parameters to tailor it to your strategy:

• ATR period - This is the period used for calculating the ATR.
• MA period - This indicates the period for the Moving Average calculation.
• Method - Choose the type of Moving Average you want to apply.
• Applied price - The price you want to use for your calculations.
• ATR coefficient - This sets the ATR coefficient for the outer bands.
• ATR middle coefficient - This sets the ATR coefficient for the inner bands.
• Show middle lines - Opt to show the middle MA line or not.

When it comes to Moving Averages, the Tymen STARC Bands indicator supports various types:

• Simple - Simple Moving Average (SMA)
• Exponential - Exponential Moving Average (EMA)
• Smoothed - Smoothed Moving Average (SMMA)
• Linear-Weighted - Linear Weighted Moving Average (LWMA)
• Wilder Exponential - Welles Wilder's EMA
• 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 - Zero-Lag EMA
• Instantaneous Trendline by J.Ehlers - John Ehlers' Trendline
• Moving Median - Moving Median
• Geometric Mean - Geometric Mean Moving Average
• Regularized EMA by Chris Satchwell - Regularized EMA
• Integral of Linear Regression Slope - ILRS MA
• Combination of LSMA and ILRS - A combination of LSMA and ILRS methods.
• Triangular MA generalized by J.Ehlers - John Ehlers' Triangular MA
• Volume-Weighted - Volume-Weighted Moving Average