The STC is calculated as a double smoothed stochastic of the MACD, which outputs an oscillator that moves between 0 and 100. In trending markets, the oscillator is expected to move up if the market is in the accelerating uptrend; accelerating downtrends are supposed to push the oscillator down. In sideways markets, the STC indicates oversold conditions when it reverses after falling below 25; overbought conditions, when it turns down from above 75.
This NinjaTrader 8 has EMA, SMA, HMA, WMA, Wilder's moving average as smooth calculation.
It works on Bar chart, candlestick, Range, Tick, Volume, Renko, HA chart type and so on.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9UY16moTUtL56mVbkN-lDi3qYJjKmtxySwAWyuhkZoGzEX_VsQw2hWsOPY5Jtd1HCMVTqn2_oBYqF5OOd5lmxVRNERcnv858KB899J8g7N6Y7WFQSSCKDE-bfh7Dy3Snq9VeA_uOE48k/s1600/SchaffTrendCycle+%25281%2529.png)
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