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Indicators

Schaff Trend Cycle - NonLag MA - indicator for MetaTrader 5

Mladen Rakic

Views:
447
Rating:
votes: 6
Published:
2018.08.06 13:55

Schaff Trend Cycle is usually calculated using MACD, meaning the difference of two EMAs (Exponential Moving Averages).

This version uses a much "faster" moving average than EMA (NonLag MA) for that calculation which makes the resulting MACD "faster" and thus the resulting Schaff Trend Cycle "faster" to to market changes.

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