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Schaff Trend Cycle Based on Two DeMarker Oscillators

Article MQL5 code base

Summary

The document briefly describes a Color Schaff DeMarker Trend Cycle indicator. It characterizes the indicator as a Schaff Trend Cycle variant built from the difference between two DeMarker oscillators using different periods. This provides a high-level description of the indicator’s construction, but the document does not explain how the component oscillators are calculated or how their difference is transformed into cycle values.

No entry or exit rules, parameter choices, chart interpretation guidance, or trading results are given. The source is identified as a translation of a Russian-language code contribution, but the text offers no evaluation of its reliability or effectiveness. A trader would need the underlying implementation or fuller documentation to understand its signals and assess it for use.

Key ideas

  • The indicator is described as a Schaff Trend Cycle variant based on two DeMarker oscillators.
  • The oscillators use different periods, and the indicator uses their difference.
  • The document does not specify parameters, signal rules, or how to interpret indicator values.
  • No backtest or performance evidence is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.