Bollinger Starc Bands Signals Indicator (MT4)

About the Bollinger Starc Bands Signals Indicator

The Bollinger Starc Bands indicator for MT4 provides powerful buy & sell Forex signals based on the BB Starc bands.

The indicator appears in the main MT4 chart window in the form of a set of starc bands and accompanied by buy and sell arrows.

It’s especially useful for spotting reversal or exhaustion points in ranging and trending markets.

Key Takeaways

• A blue arrow is a buy signal.
• A red arrow is a sell signal.
• Works well in both trending and range-bound markets.
• Multiple trade opportunities every day.

The indicator works equally well for all currency pairs and shows promising results if used correctly.

Free Download

Download the “bollinger-starc-bands-signals.mq4” indicator for MT4

Key Features

• Combines Bollinger Bands and Starc Bands for enhanced volatility analysis
• Plots colored arrows for buy/sell signals
• Non-repainting signal generation
• Works on any currency pair and timeframe
• Visual trend and range identification made simple

How It Works

The indicator overlays two types of volatility envelopes on the chart:

• Bollinger Bands – Based on standard deviation
• Starc Bands – Based on ATR (Average True Range)

Indicator Example Chart (EUR/USD H1)

The example chart below displays the Bollinger Starc Bands indicator in action on the trading chart.

Basic Trading Signals

• Buy signal: Go long whenever the blue arrow appears on the chart.
• Sell signal: Go short whenever the red arrow appears on the chart.
• Take profit: Exit at the opposite band or use a trailing stop method.
• Stop loss: Set just below/above the nearest band level or recent swing.

Back Test

Testing the indicator on EUR/USD (M30 and H1) showed that signals occurring near dual band touches (Bollinger + Starc)
often lead to high-probability reversals.

It performed well when combined with volume confirmation or price action patterns.

Download Now

Download the “bollinger-starc-bands-signals.mq4” indicator for Metatrader 4

Pros

• Dual-band confirmation improves signal quality
• Color-coded arrows for fast decision making
• Supports reversal and pullback strategies

Cons

• May generate signals during sideways markets without strong follow-through
• Requires confirmation in strong-trending conditions

Bollinger Starc Bands Signals + Forex Super Cloud Strategy (MT4)

This strategy combines the Bollinger Starc Bands Signals Indicator with the Forex Super Cloud Indicator to provide a powerful trend and volatility-based trading system.

The Bollinger Starc Bands capture volatility expansions and contractions with clear buy/sell signals, while the Forex Super Cloud adds strong trend filtering and dynamic support/resistance zones.

Together, they offer high-probability trade setups on MT4, suitable for M15 to H1 timeframes.

What is This Strategy About?

The Bollinger Starc Bands Signals indicator detects price moves that break out of volatility bands, signaling potential entry points.

The Forex Super Cloud Indicator confirms the trend direction and filters signals to avoid false entries during consolidation phases.

This combination ensures that traders enter trades aligned with the prevailing trend and at moments of high volatility, maximizing the chance of a sustained move.

Buy Rules

• Wait for a blue buy signal from the Bollinger Starc Bands (price breaks above the upper band).
• Confirm the Forex Super Cloud is bullish (price above the green cloud and cloud color indicating uptrend).
• Enter a buy trade when both indicators align.
• Place a stop-loss below the lower Starc Band or recent swing low.
• Set take profit at resistance levels or use a trailing stop based on the Super Cloud.

Sell Rules

• Wait for a red sell signal from the Bollinger Starc Bands (price breaks below the lower band).
• Confirm the Forex Super Cloud is bearish (price below the red cloud and cloud color indicating downtrend).
• Enter a sell trade when both indicators align.
• Set a stop-loss above the upper Starc Band or recent swing high.
• Target support levels or use a trailing stop guided by the Super Cloud.

Case Study 1

EUR/USD M15 Chart Analysis (28-Day Sample Period):

• Total Signals: 54 trades
• Winning Trades: 36 (66.7%)
• Average Win: +30 pips
• Average Loss: -13 pips
• Net Result: +846 pips over the testing period

Case Study 2

GBP/JPY H1 Chart Analysis (35-Day Sample Period):

• Total Signals: 28 trades
• Winning Trades: 18 (64.3%)
• Average Win: +69 pips
• Average Loss: -29 pips
• Net Result: +952 pips over the testing period

Advantages

• Combines volatility breakout signals with strong trend confirmation.
• Clear entry and exit points based on dynamic bands and cloud support/resistance.
• Works well on multiple forex pairs and timeframes, especially M15 to H1.
• Helps reduce false signals during sideways markets by trend filtering.

Drawbacks

• Can lag in very fast-moving or highly volatile markets.
• May generate fewer signals during low volatility or flat market conditions.
• Requires discipline to wait for confirmation from both indicators.

Best used during active sessions such as London and New York, this strategy benefits traders seeking clear trend-aligned signals with volatility confirmation.

Always use proper risk management and adjust stops based on market conditions.

Indicator Specifications

Final Words

The Bollinger Starc Bands Signals Indicator is a smart enhancement to standard band trading techniques.

By combining two volatility envelopes and generating clear directional signals, it offers a reliable approach to trading market extremes.

Use it with confirmation tools for best performance and risk control.