![]() ![]() Once it crosses up above the 25 level - it's the first warning of a changing trend: While indicator stays below the 25 - the downtrend is in progress.Ģ. ![]() The default settings for STC are (10, 23, 50).ġ. The 25 level is called a Buy level, the 75 - a Sell level. Schaff Trend Cycle (STC) oscillates in between 0 and 100 scale. But on separate occasions, Schaff Trend Cycle will be faster (green vertical line). ![]() The signals about the trend change come fairly close to each other, often at the same time (red vertical lines). Let's compare charts with Schaff Trend Cycle Indicator and MACD. What we get is a faster cycle identifier - an great aid in identifying trend changes and finding faster entries and exits. It uses a MACD Line (the differenceīetween two exponential moving averages) through a reworked stochastic algorithm. The Schaff Trend Cycle Indicator (STC) by Dough Schaff, was developed to improve upon the speed and accuracy of the MACD indicator when it comes to identifying trends. Download indicator: Schaff_Trend_Cycle_mtf.mq4 ![]()
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