Hi everyone, if you don't mind, please try this :
schaff trend cycle for metatrader (you can download it in yahoo group)
setting like below :
apply it in 30min and 15min chart
only do trading when both direction are same
any suggestion ??
I just spend half hour to test it, the result seem.... ok what do you think :confused:
Let me try it. I'll comment on it later, man.
I just use 1 month data for backtest it, result averange is 100pip per week but some time will result 20pip per week he he he
happy trading to you all !!!
Cartoon:Very sorry, but could you post a screenshot with enter and exit places.
What is the name of the group to download???
Hello good people, i just joine this forum recently and i hope i can really enjoy my time with you people.
Can somebody kindly assist me with how to access and import this schaff Trend Cycle into Alpari platform.
Ofcourse Alpari is a metatrader member.
click the link
Old thread i know but I wanted to know if anyone understands how the schaff trend cycle is calculated?
I am looking at a schaff trend mtf indie on a 1 min chart but the mtf set to 5 mins. This naturally means there are 5 mins of flat'ness on the indicator, which is totally logical.
However I noticed the first decline after an uptrend (in the indicator) starts with the indicator drawing the decline and a flat period.
But at other 5 min intervals it just draws the deline/incline at the end of 5 mins and then draws the flat period every minute in between.
So I was just wondering why the first turn doesn't do this? Why does it start with a declining/incline line and a flat line?
It is obviously in the calculation of the indie..I just wonder if anyone knows why.
work well with all timeframes without the bar count.......