Installing and configuring Schaff Trend Cycle


indicator forex

Despite the fact that the indicator is greater than 18 years vintage, it's far still no longer included inside the terminal's toolbox.
To install, first down load the distribution file. You can try this at the following link. After downloading, unzip the archive.

Installation procedure:

Load the terminal. The indicator works in each MT4 and MT5 modes.
Open the folder with the information listing. To do that, find the suitable command inside the most important menu "File", or press the hotkey mixture Shift + Ctrl + D.
In the listing, discover the folder "MQL", and in it the folder with indicators known as "Indicators".
Move the unpacked distribution to an open folder.
Restart the terminal.
After set up, upload the indicator to the operating chart by means of double-clicking on its name with the left mouse button within the "Navigator" submenu. You will straight away see the device settings.



STC Parameters:

MAShort. A variable that suggests the length of a fast shifting exponential EMA. By default, the parameter is 23.
MALong. Variable answerable for the length of the sluggish EMA curve. The default price is 50. It is important that MALong is always larger than MAShort.
Cycle. This parameter shows the length for smoothing the difference between MALong and MAShort. By default, the variable is set to ten.
CountBars. The range of latest bars so one can be used to calculate tool readings. The default price is a thousand. If you growth this quantity an excessive amount of, the terminal may additionally sluggish down.
Also, in the settings, you want to set the values of the degrees a good way to be used to determine the overbought and oversold zones of the asset by the kind of stochastic or RSI. A total of 2 tiers are used:

Border of the overbought zone. The stage is either 75 or 80.
Border of the oversold zone. The level is either 25 or 20.
By default, the imperative stage is also introduced to the STC, that's same to 50. If there is no clean trend inside the market, then the charge will circulate along it.

You also can set your personal degree values. However, in case you don't have enough experience in buying and selling yet, it is first-class to go away the parameters as general.