![]() ![]() One of the easiest techniques that can be used on the Schaff Trend Cycle Indicator is to buy when it surges above the 25 level and sell when the signal line dips below the 75 level. ![]() The enhanced signal line on the Schaff Trend Cycle indicator offers an early detection signal in spotting fx trends. The MACD is known to be a trend indicator, although it is also known to be lagging in view of its slow reactive alert line. The Schaff Trend Cycle Indicator tries to ensure that the hybrid conceived from the combination of the MACD and smoothed stochastic indicator offers a fine blend when determining changes in trend direction. The Schaff Trend Cycle Indicator algorithm became public in 2008.ĭownload the “Schaff_Trend.ex4” MT4 indicator The Schaff Trend Cycle Indicator was developed by Doug Schaff, who hold the assumption that forex trend accelerate and decelerate in cycles. The result of this combination is an enhanced version of the oscillator that is void of choppiness during trends and responds to price action promptly. The Schaff Trend Cycle Indicator for MetaTrader4 is a combination of slow stochastics along with the moving average convergence/divergence (MACD). ![]()
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