The Schaff Trend CD (STCD) identifies repeated high and low patterns, or cycles, within a MACD measure of trend. STCD does this by comparing trend to a moving average of itself. The input for the STCD is the difference between two exponential moving averages (a MACD Line). The resulting oscillator measures when trend is accelerating or decelerating, showing a trend cycle.
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Schaff Trend CD.mq4
Download
Schaff Trend CD.mq4
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