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Schaff Trend Cycle Oscillator Strategy

Source: https://fxcodebase.com/code/viewtopic.php?f=31&t=14741
Forum: 31 · Topic 14741 · 8 post(s)


Schaff Trend Cycle Oscillator Strategy

Apprentice · Mon Mar 12, 2012 12:21 pm

Schaff Trend Cycle Oscillator Strategy.png

Buy: cross UP through the oversold threshold (30)

Sell: cross DOWN through the overbought threshold (70)

Schaff Trend Cycle Oscillator Strategy.lua

Schaff Trend Cycle Oscillator indicator is mandatory. Install it if you already do not have it. viewtopic.php?f=17&t=249

The Strategy was revised and updated on January 22, 2019.


Re: Schaff Trend Cycle Oscillator Strategy

jackfx09 · Mon Mar 12, 2012 3:05 pm

Apprentice,

Thanks!!!

sjc


Re: Schaff Trend Cycle Oscillator Strategy

Coondawg71 · Fri Oct 12, 2012 8:28 am

Can I please request a second version for this Strategy. This version would use a bigger time frame for stronger trend direction bias as a confirmation prior to opening/closing trades.

Idea is this:

  1. 15min Schaff Trend Cycle Oscillator crosses up through 90 showing bullish price/strength and potential LONG position. Long position would only be opened if the Daily Schaff Trend indicator “confirms” (which in this scenario would most likely read “99-100”) this possible opening LONG. Position would be CLOSED when the shorter time frame indicator (15min) no longer is in agreement with the larger time frame Daily.

  2. I realize that both indicators reading exactly “100/-100” for perfect agreement would occur very seldomly and for a very short time, this would prove useless for the strategy. The strategy would need trades to open and stay open as long as the shorter time frame is in the Strength zone, which should be defined by user parameter settings. In this case “90”.

Thanks,

sjc


Re: Schaff Trend Cycle Oscillator Strategy

Apprentice · Sun Oct 14, 2012 6:22 am

Your request is added to the development list.


Re: Schaff Trend Cycle Oscillator Strategy

guangho · Mon Oct 29, 2012 4:57 am

I feel that this strategy is very practical, can now on the basis of an increase in the same calculation of line? Parameters can be set, it is best to translation.

To two line cross generate trading signals. This is more a little sound.

Thank you very much.


Re: Schaff Trend Cycle Oscillator Strategy

Apprentice · Mon Oct 29, 2012 2:52 pm

Can you be more clear, unfortunately I do not understand your remark.


Re: Schaff Trend Cycle Oscillator Strategy

guangho · Mon Oct 29, 2012 9:54 pm

Apprentice wrote: Can you be more clear, unfortunately I do not understand your remark.

Now the output of only one line, demand increased output a same algorithm line, new line can be the best translation.

THANK YOU!


Re: Schaff Trend Cycle Oscillator Strategy

Apprentice · Tue Jan 09, 2018 8:12 am

The strategy was revised and updated.