Schaff Trend Cycle Built from Two RVI Oscillators

Summary

The document briefly describes a colored Schaff Trend Cycle indicator constructed from the difference between two Relative Vigor Index (RVI) oscillators with different lookback periods. It identifies the indicator’s author and points to an illustration, but provides no parameter values, calculation steps, signal rules, or trading examples.

The concept is useful as a pointer to a momentum-style indicator that combines RVI inputs with a trend-cycle framework. The source offers no performance evidence or discussion of how to interpret signals, choose periods, or manage risk. Readers would need further documentation and testing to understand its behavior and assess whether it adds value.

Key ideas

• The indicator derives a Schaff Trend Cycle from the difference between two RVI oscillators with different periods.
• The document provides no trading rules, parameter settings, or performance evidence.
• Its practical value and limitations require further investigation and testing.

Tags

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