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Views:: 5826
Rating:: (16)
Published:: 2018.08.06 13:55
Updated:: 2018.10.26 13:38

Schaff trend cycle - nlma.mq5 (12.46 KB) view

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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 market changes.

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Schaff Trend Cycle - NonLag MA - indicator for MetaTrader 5