sharp vision traders

Note: This download requires NinjaTrader 8 release 8.1.3 or newer.

Overview of Advanced Schaff Trend Cycle

The Schaff Trend Cycle (STC) indicator for NinjaTrader, developed by Doug Schaff, is a powerful tool that combines the concepts of the MACD and the Stochastic Oscillator to identify trends and cycle points more efficiently. Originally intended to address lagging issues inherent in these indicators, the STC uses a MACD with a faster and more responsive signal.

The key difference between this indicator and others is the ability to detect directional price squeeze. The dynamic limits allow the trader to identify this. Dynamic limits will also allow the trader to quickly identify when in overbought or oversold zones.

Advanced Features of Our Modified STC Indicator

• Custom Data Source: Users can input any data source, allowing flexibility beyond just closing prices.
• Internal Averaging Methods: Choose from multiple averaging methods (e.g., SMA, EMA) for internal calculations, enhancing adaptability.
• Customizable MACD and Stochastic Periods: Adjust the periods for both the MACD and Stochastic components, tailoring the indicator to various market conditions.
• Automatic Trend Display: Upon request, the indicator automatically displays the current trend, providing clear visual signals.
• Dynamic Limits: Unlike traditional indicators with static limits, our STC dynamically adjusts limits based on market conditions, offering more accurate signals.

Review the screenshots for setup options.

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