Introducing the Multi-Timeframe Tymen STARC Bands
If you're looking to enhance your trading strategy, the Multi-Timeframe Tymen STARC Bands indicator for MetaTrader 5 could be just the tool you need. This robust indicator displays three different Tymen STARC Bands, each with unique parameters and timeframes, right on your current chart.
Key Features
The Multi-Timeframe Tymen STARC Bands comes packed with twenty-six input parameters that let you customize it to fit your trading style:
- Drawing Mode: Choose how the indicator is displayed on your chart.
- Steps: Displays the bands as a ladder.
- Slope: Shows sloping lines for a smoother visual.
- Show Middle Lines: Option to display the middle lines of the Tymen STARC Bands.
- Show First Tymen STARC Bands: Draw the first set of bands.
- First Bands Timeframe: Select the timeframe for the first set of bands.
- First Bands ATR Period: Set the ATR calculation period for the first bands.
- First Bands MA Period: Define the MA calculation period for the first bands.
- First Bands Method: Choose the MA type (e.g., Simple, Exponential).
- First Bands Applied Price: Set the price for MA calculations.
- First Bands ATR Coefficient: Adjust the external ATR period.
- First Bands ATR Middle Coefficient: Set the internal ATR period.
- Show Second Tymen STARC Bands: Enable the second set of bands.
- Second Bands Timeframe: Choose the timeframe for the second bands.
- Second Bands ATR Period: Set the ATR period for the second bands.
- Second Bands MA Period: Define the MA calculation period for the second bands.
- Second Bands Method: Choose the MA type for the second bands.
- Second Bands Applied Price: Set the price for the second bands' MA calculations.
- Second Bands ATR Coefficient: Adjust the external ATR period for the second bands.
- Second Bands ATR Middle Coefficient: Set the internal ATR period for the second bands.
- Show Third Tymen STARC Bands: Enable the third set of bands.
- Third Bands Timeframe: Select the timeframe for the third bands.
- Third Bands ATR Period: Set the ATR period for the third bands.
- Third Bands MA Period: Define the MA calculation period for the third bands.
- Third Bands Method: Choose the MA type for the third bands.
- Third Bands Applied Price: Set the price for MA calculations of the third bands.
- Third Bands ATR Coefficient: Adjust the external ATR period for the third bands.
- Third Bands ATR Middle Coefficient: Set the internal ATR period for the third bands.
Moving Averages Options
Each set of Tymen STARC Bands can utilize various types of Moving Averages:
- 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: Hull's Moving Average (HMA)
- Zero-Lag Exponential: Exponential Moving Average with Minimum Delay
- Instantaneous Trendline: John Ehlers' Trendline
- Moving Median: Moving Median
- Geometric Mean: Moving Average Based on Geometric Mean
- Regularized EMA: Chris Satchwell's Regularized EMA
- ILRS: Integral of Linear Regression Slope (ILRS MA)
- Combination of LSMA and ILRS: A combination of LSMA and ILRS methods.
- Triangular MA by J. Ehlers: John Ehlers' Triangular Moving Average
- Volume-Weighted: Volume-Weighted Moving Average
Visuals
Fig.1. Multi-Timeframe Tymen STARC Bands: H4, H12, and D1 data on the H1 chart, Drawing Mode = Steps
Fig.2. Multi-Timeframe Tymen STARC Bands: H4, H12, and D1 data on the H1 chart, Drawing Mode = Slope
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