Simple backtest for "Adaptive, Zero lag Schaff Trend Cycle" found here: What this backtest includes: -Customization of inputs for Schaff Trend Cycle calculation -Take profit 1 (TP1), and Stop-loss (SL), calculated using standard RMA-smoothed true range -Activation of TP1 after entry candle closes -Zero-cross entry signal plots -Longs and shorts -Continuation...
TASC's March 2008 edition Traders' Tips includes an article by John Ehlers titled "Measuring Cycle Periods," and describes the use of bandpass filters to estimate the length, in bars, of the currently dominant price cycle. What are Dominant Cycles and Why should we use them? Even the most casual chart reader will be able to spot times when the market is...
Backtesting of Uber STC - Schaff Trend Cycle Backtest with focus win/loss profitability. Formula: profitability = win / (win+loss) Default equity 100k USD Default 2% Risk per trade Default currency USD Define backtest interval precisely by month, year, day LONG and SHORT positions Visualize SL and TP on chart ATR (len: 14, smooth: SMA) ATR...
Desc: The Schaff Trend Cycle (STC) is a charting indicator that is commonly used to identify market trends and provide buy and sell signals to traders. Developed in 1999 by noted currency trader Doug Schaff, STC is a type of oscillator and is based on the assumption that, regardless of time frame, currency trends accelerate and decelerate in cyclical...
STC + Zero Lag MACD (includes regular MACD also) What I added here was two other variables The Schaff Trend Cycle working with Zero Lag Macd to give you double confirmation on your Higher Time Frame entries such as 4H, 6H, and Daily. You may also turn on regular MACD instead of Zero Lag, if you'd like. ***Red Dot for Bear ***Green Dot for Bull ***Higher...
What is STC? This is an open source indicator but I added a few improvements to its code and a more friendly UI. The STC indicator is a forward-looking, leading indicator, that generates faster, more accurate signals than earlier indicators, such as the MACD because it considers both time (cycles) and moving averages. Like any chart indicator, the tool is best...
The Schaff Trend Cycle is a method, developed by Doug Schaff and based on the concept that trends also have repeating high and low patterns, or cycles. This is a modified MACD line, run through a modified stochastic algorithm and smoothed with Wilders’ smoothing in order to estimate the final Schaff Trend Cycle (STC) indicator. Its purpose is to identify the...
This is my cutting edge "Improved Schaff Trend Cycle Indicator" that I radically modified for all assets, not just Forex. Just when you may have thought it was the end of the evolutionary line for Schaff trend cycle indicators, it's not! It's actually two different modified Schaff trend cycle tandem algorithms combined making this a very versatile multicator....
Traders, This indicator is a Renko version of the Schaff Trend Cycle (STC). It is not meant to be used alone but as confirmation tool. Buy when green arrow appears, short when red arrow appears if your other indicators agree. It works equally well on all time frames using ATR Renko brick sizes as well as when using custom brick sizes on a 1 min Renko chart. This...
A strategy according to schaff trend cycle oscillator.
This indicator was originally developed by Doug Schaff in the 1990s (published in 2008).
This is a modified Schaff Trend Cycle (STC), which is designed to provide quicker entries and exits. I've been a huge fan of the STC for a long time, but being based on the MACD means its signals often lag by a bar or two (especially in fast moving markets). All I've done here is take the base STC script (all credit to user @LazyBear), and change the source to a...