

The STC indicator is a direct result of Schaff’s vast experience, more than 20 years, in technical analysis, exceptional understanding of the technical analysis and price actions, and trading skills in currencies. Schaff was the president and founder of FX Strategy. The strategy suggests buying when it surges above 25 level and sell when the signal lines go below the 75 level.ĭoug Schaff invented the STC indicator in the 1990s. The Schaff trend cycle indicator is popular for a general trading strategy. On the other hand, the decreasing values of the STC indicator suggest an uptrend while prices being stable or may follow the cycle to the upside. The decreasing values of the STC indicator indicate the falling trend cycle while the prices being stable or may follow the cycle to the downside. The unique blend of the stochastic and the MACD ensures that the resulting indicator will be more efficient in trend identification. Schaff assumed that the forex trends decelerate and accelerate in cycles. The most interesting thing of the Schaff trend cycle indicator is that it combines leading and lagging indicators. As a result of this combination is an STC indicator with an enhanced version of the oscillator indicator that minimizes the choppiness during trends and is more quick and efficient in responding to price actions. You can use the STC indicator easily on TradingView. It is a combination of stochastic and the moving average convergence/divergence (MACD). The STC also provides buying and selling signals and pinpoints entry and exit points.

The Schaff Trend Cycle (STC) indicator is an oscillator indicator that helps to identify the market trends with improved speed and accuracy.
