Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Why do you say that they don't help? I'm actually just now learning about the Schaff Trend Cycle and wonder how I need to be aware of any downsides of Cycle indicators.
It's just my opinion but these types of indicators lag like all indicators do. Usually by the time the indicator is showing a cycle change you have been experiencing it in price already. Depending on your chart, you may be at break even or even at a loss if you wait for the trend to change that way. Dan
I just upload the FINAL Version of this Indikator in the Download-Area. I remove some useless code in give some additional Informations about how this Indicator work and how to use it.
It is verry impressive for me that there is so much response about this little Indikator - and I am glad, to be part of this Forum!
Some important words about the Interpretation:
Above the upper Line (70-80) we have an up-Trend, below the lower Line (30-20) we have a down-Trend. But UNLIKE the RSI we have no oversold/overbought Situation in these regions.
To be fair, it must be said, that a Zero-Lag MACD give us faster Signals, but on the other Hand you also have more false Signals.
