OPEN-SOURCE SCRIPT
Schaff Trend Cycle [backtestx]
Long entry rules:
Price must be above the 200 MA
STC shows Buy signal
Long exit rules:
STC shows Sell signal
Short entry rules:
Price must be below the 200 MA
STC shows Sell signal
Short exit rules:
STC shows Buy signal
Price must be above the 200 MA
STC shows Buy signal
Long exit rules:
STC shows Sell signal
Short entry rules:
Price must be below the 200 MA
STC shows Sell signal
Short exit rules:
STC shows Buy signal
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.