Schaff Trend Cycle – NonLag MA – indicator for MetaTrader 5

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category:MT5 INDICATORS

Schaff Trend Cycle is usually calculated using MACD, meaning the difference of two EMAs (Exponential Moving Averages).

This version uses a much "faster" moving average than EMA (NonLag MA) for that calculation which makes the resulting MACD "faster" and thus the resulting Schaff Trend Cycle "faster" to to market changes.

Schaff Trend Cycle - NonLag MA - indicator for MetaTrader 5

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