SchaffTrendCycle

Modified on 2010/04/23 20:27 by Administrator — Categorized as: TASCIndicators

Syntax

public SchaffTrendCycle(DataSeries ds, int tcLength, int avgPeriod1, int avgPeriod2, string description) public static SchaffTrendCycle Series(DataSeries ds, int tcLength, int avgPeriod1, int avgPeriod2)

Parameter Description

ds The source DataSeries
tcLength The Trend Cycle length/period
avgPeriod1 The fast average period for the MACDEx intermediate indicator.
avgPeriod2 The slow average period for the MACDEx intermediate indicator.

Description

The Schaff Trend Cycle indicator from the April 2010 issue of Stocks & Commodities magazine. Designed for the currency markets to identify cycle tops and bottoms, the Schaff Trend Cycle oscillates between 0 and 100, generally giving clear, timely signals.

Interpretation

Go long/cover when the indicator cross above 25, and sell/short on a cross below 75.

Example