Schaff Trend Cycle original logic revealed

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Recently I found out that Doug Schaff, the developer of the Schaff Trend Cycle, has disclosed its original code.

The logic was not the same as the one intorduced in the indicator of the MQL4 library. I tried to modify the MT4 code but it was rather difficult for me.

Could anyone kindly modify the MT4 code of the indicator ? Thanks.

www.fxstreet.com/education/trading-strategies/releasing-the-code-to-the-schaff-trend-cycle/

'Schaff Trend Cycle'

 

Whatever version - I bet it still lags :(

BB - 'raining' on DrPeppers strawberries...

 
BarrowBoy:
Whatever version - I bet it still lags :( BB - 'raining' on DrPeppers strawberries...

It might not fit your way of trading, but I'm not asking for your evaluation.

 

DP

> I'm not asking for your evaluation

True - but many people here read the threads for guidance on the creation of EA's, so.. they should know that STC is double calculated, i.e. is the stochastic presentation of the MACD and hence suffers from lag in terms of a go/no go signal for an EA.

I have watched the leading edge of various STC versions for days and the whipsaw between upper, middle & lower limits during a candle can be very severe

As a guide to swing or position trading, it's one of the most elegant indicators

-BB-

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