Doug Schaff developed an interesting cyclical indicator for Forex trading several years ago. In 2008 he’s made it public. He presented a code of the indicator written for TradeStation EasyLanguage. Unfortunately, until now there weren’t any correctly converted versions for MetaTrader. I’ve found several variants of one code, which is neither correct nor full. From today, you can freely download the original Schaff Trend Cycle indicator for MetaTrader from EarnForex.com. The version converted by me has the following features:
You can get the code of the MT5 and MT4 versions or read more Schaff Trend Cycle indicator for MetaTrader about this complex cyclical oscillator.
If you find any bugs in this MetaTrader indicator or if you want to make a suggestion regarding its functionality, please, use the commentary form below.
