Description: The Schaff Trend Cycle indicator fluctuates between 0 and 105. It combines MACD and Slow Stochastics to generate faster and more accurate trading signals. Indicator readings above 75 are considered to be overbought while readings below 25 are considered to be oversold.
File Name: SchaffTrendCyclemtf
Metatrader 4 Screenshot:
EUR/USD 1 Hour Chart
Features: Supports all currency pairs & time frames, free licence, customizable, Metatrader 4 ready.