everget

Schaff Trend Cycle

This indicator was originally developed by Doug Schaff in the 1990s (published in 2008).
Release Notes: Refactored
Release Notes: Corrected signals
Release Notes:
  • Changed crossovers styling
Release Notes:
  • V4
  • Added alerts
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Kommentarer

Which time frame would you recommend this indicator be used? I’ve seen 1 hour but I’ve been using someone else’s STC indicator and on the 1 hour time frame it gave a signal to sell at about 11600 and so had someone done that they would’ve missed the big blast up in price past 12000. I’m talking about BTC here. And the indicator would actually still have me sitting out of the market because it hasn’t given a buy signal yet. I’m seeing if maybe the STC works better on a higher timeframe like the 4 hour but was wondering what you thought. Thanks!
+12 Svara
everget WinstonWolf
@WinstonWolf, depends on time series. Which settings do you use?
+3 Svara
hey love it how do I set it alerts for green dot
+8 Svara
everget ntsnow02
@ntsnow02, hi, shoot me a private message please
Svara
This is one of the better versions i have seen. I trade the hourly, 4hr and at times daily. Im curious if this indi repaints. Thankyou and awesome job
+6 Svara
everget samdoug911
@samdoug911, It doesnt repaint
+2 Svara
Someone having objectiv toughts on this indicator? and how to use it?

Whats your strategy to use it? Timeframe?, Stop? etc?
+3 Svara
everget skrantz71
@skrantz71, have you ever tried to google? "How to trade with Schaff Trend Cycle"
+2 Svara
skrantz71 everget
@everget, Yes I have used google, but now Iam reaching out on a tradingforum to get feedback from others that might used it for there opinion.
or maybe you think we shall end this forum? Isnt the idea with a forum to share this kind of questions??
Svara
everget skrantz71
@skrantz71, this is not a forum - this is a comment section of the indicator where people usually leve their feedback or acknowledgements. If you need to discuss something then you have Pine Script chat room, PineScripters Telegram group and Reddit for that. These are more appropriate to the term "forum"
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