Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Indicators

Schaff Trend Cycle - DEMA - indicator for MetaTrader 5

Mladen Rakic | English Русский 中文 Español Deutsch 日本語 Português

Views:
732
Rating:
votes: 12
Published:
2018.04.13 12:06

The Schaff Trend Cycle (STC) indicator is the product of combining Slow Stochastics and the Moving Average Convergence/Divergence (MACD). The MACD has a reputation as a trend indicator, but it's also notorious for lagging due to its slow responsive signal line. The improved signal line gives the STC its relevance as an early warning sign to detect currency trends.

Unlike the original Schaff Trend Cycle, this version is using DEMA MACD for calculation, which makes it "faster" in determining the trend changes and thus producing signals a few bars earlier (which can be significant in "scalping" systems).

Hull trend Hull trend

Indicator based on Hull Moving Average.

Rsi(var) Zerolag DEMA Rsi(var) Zerolag DEMA

Rsi(var) indicator with zero lag DEMA.

Schaff Trend Cycle - TEMA Schaff Trend Cycle - TEMA

Unlike the original Schaff Trend Cycle, this version is using TEMA MACD for calculation, which makes it "faster" in determining (even compared to DEMA version) the trend changes and thus producing signals a few bars earlier.

Dsl - CMO Dsl - CMO

Chande Momentum Oscillator with added Discontinued Signal Lines instead of using static levels for trends.