Schaff Trend Cycle (STC) identifies trend momentum. The STC is created by running the difference between two exponential moving averages (a MACD Line) through a …
Running a trend indicator through a cycle oscillator creates an effective entry technique into today’s strongly trending currency markets, says Doug Schaff, a 20-year …
The Schaff Trend Cycle Indicator is forward-looking and generates signals much faster than old indicators like the MACD.
Schaff Trend Cycle a MetaTrader indicator that shows the trend direction oscillation using the cyclical double stochastic over a MACD line.
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Schaff Trend Cycle is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Schaff Trend Cycle provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Schaff Trend Cycle.mq4?
- Download Schaff Trend Cycle.mq4
- Copy Schaff Trend Cycle.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Schaff Trend Cycle.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Schaff Trend Cycle.mq4 is available on your Chart
How to remove Schaff Trend Cycle.mq4 from your Metatrader Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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