Forex Bollinger Bands Starc Indicator
Forex Bollinger Bands Starc Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to Bollinger Bands. Its source code uses moving averages and ATR. It has 7 settings, for example MA Period (default 6), ATR Period (default 25) and KATR (default 2). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Bollinger Bands Starc Indicator
Forex Bollinger Bands Starc Indicator is an indicator for MetaTrader 4 based on Moving Average and ATR. It has 7 settings, such as Ma period, Atr period and KATR. MQL source code included.
Files in the download: ##STARC Bands.ex4, ##STARC Bands.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 6 | Period or timeframe used by the calculation |
| Atr period | 25 | Period or timeframe used by the calculation |
| KATR | 2 | |
| Shift | 1 | Bar shift (0 = current bar) |
| Upper color | Red | Colour on the chart |
| Middle color | White | Colour on the chart |
| Lower color | Red | Colour on the chart |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Bollinger Bands · Moving Average · ATR · MT4 Indicator · MQL4 Source Code