What are Schaff Trend Cycle Indicators? The Schaff Trend Cycle Indicator (STC) has been developed in response to traders needs in being able to identify a trend in the market at an early stage. Traders are always on the look out for a way of accurately and at the same time speedily identifying a trend in the market. The STC is an improvement on the MACD indicator in terms of speed and accuracy and the use of a modified slow stochastic algorithm. In fact under tests the STC in many cases was some 3 hours faster in accurately identifying a trend thus enabling traders to make an accurate currency trading decision. Applying the Schaff Trend Cycle Indicator The STC Indicator combines a moving average (exponential) convergence and divergence which is the MACD with the slow Stochastics oscillator indicator which is an indicator that confirms support and resistance levels. The MACD itself indicates trends and uses a very slow and lagging receptive signal line. However when the MACD is combined with a slow Stochastic it improves the signal dramatically and enables traders to spot currency trends much earlier than just using the MACD. Because the STC functions through the early identification of trends much earlier than theMACD identifies them. It can also be used to identify a cycle that is within a trend. The exponential moving average it uses incorporates a cycle factor in order to take account of currency sequence trends. It is these trend movements which are set on a number of days which makes the STC more accurate than the MACD
Schaff Trend Cycle.afl ada disini :. http://asia.groups.yahoo.com/group/gainhunter/?yguid=236911367
