Schaff Trend Cycles - Hull - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
The Schaff Trend Cycle, defined and described by Dough Schaff, is a dual stochastic indicator of MACD. Macd is calculated as em (fast) - ema (slow). This is a version that uses the Hull mean instead of ema in the calculation.
Common ways of Schaff trend cycles - color changes can be used for signals, or you can define certain levels as triggers for signals
Attachment download
📎 schaff_trend_cycle_-_hull.mq5 (17.96 KB)
Source: MQL5 #23543
Schaff Trend Cycle - Hull - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Schaff Trend Cycle - Hull - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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