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- 2018.08.06 14:01
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This indicator is actually a combination of two values: it shows the crosses of fast and slow Zero Lag TEMA, and that cross determines the current market trend.
Since Zero Lag TEMA is from a family of fast averages, this indicator is very responsive to sudden market changes.
PS: it is a standalone indicator. It does not need any other indicator in order to work correctly.

This version of Schaff Trend Cycle 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.

Bollinger Bands Stops indicator that uses JMA (Jurik Moving Average) for calculation.

Mikko Breakout indicator is based on a break of previous highest high or lowest low.

Ultra Trend indicator that uses a "fast" (fast in response to market changes) Zero Lag MA for trend calculations.