Nonlag Schaff Trend Cycle Indicator

The indicator was created by the late Doug Scaff. The Nonlag Schaff Trend Cycle indicator was created by Doug Scaff. It is calculated with MACD. Like the name implies, it employs a more rapid, non-lagging moving average that allows the indicator to react quicker to changes in the market. Apart from the MACD, the indicator employs smoothed stochastics. This is a blend between two indicators. It is possible to use the indicator in order to make trades on any currency pair within any timeframe.

How to Use the Nonlag Schaff Trend Cycle Indicator

The indicator is in a range of zero to 100. Similar to the MACD level, this indicator should tell you if it is time to purchase or sell.

• buy signal Buy whenever the indicator is rising above those 25 levels. The indicator’s color shifts to green. You can also remove bad signals by making sure to close the candlestick so that it remains lit until the trigger candle is closed over the threshold bar.
• Selling signal to sell when the indicator falls to below 75 points. The indicator line shifts to red. The same way, candlesticks can help you spot undesirable signals. The candle following the trigger bar should be closed over the trigger.

The indicator will give the signal to buy once it reaches the 25 mark. In addition, the indicator shifts to green in the event of an upward trend. It would have been a profit if you had opened an account to buy. The indicator has also been below 75, which indicates that the market is in a downward trend. Additionally, the indicator changed from crimson to indicate that the market is trending down. So, it is recommended to start a short trade.

Conclusion

The indicator utilizes MACD and stochastics to establish the direction of the trend and display the reverse. All you have to do is ensure that the indicator’s color changes when it is above the 75 and 25 levels. The Scaff Trend Cycle, which is non-lag, is ideal for you if you are an expert in trend trading.