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Schaff Trend Cycle Strategies
February 1st, 2011 by forexcityguy
A user on the Forex Forum was asking if anyone knew of any strategies revolving around the Schaff Trend Cycle indicator. Upon much reflection by the forum members, they’ve deduced it may actually have some value in determining the force of a trend and predicting the beginning of the cycles.
Purple Schaff Trend Indicator Line
The Schaff Trend Indicator is the purple line in the indicator window below the chart. Now, personally, I don’t trust in any one indicator, but you can not deny that at the inception of certain large trends, the Schaff Trend Cycle indicator goes north. But this member here has a TOP TREND INDICATOR which is the sky blue indicator underneath the uptrend, that leads me to believe that Schaff trend indicator is more effective if you buy in the uptrends and sell in the down trends based on the TopTrend Indicator as well.
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March 20th, 2011 at 9:33 am
Found out what chart indicators the Hedge Funds use… its called the “MMindicator” hedge fund buddy told me… http://www.MMindicator.com