Schaff Trend Cycle from Differently Perioded RSI Oscillators

Summary

The document briefly explains a variation of the Schaff Trend Cycle indicator. It says the indicator is calculated from the difference between two RSI oscillators that use different lookback periods, and identifies the item as a colored version of that indicator.

The page provides no formula details, parameter choices, trading rules, chart interpretation, performance evidence, or discussion of limitations. It therefore offers only a basic description of the indicator’s construction; it does not establish how the signal should be used or whether it has predictive value.

Key ideas

• The indicator is based on the difference between two RSI oscillators.
• The two RSI oscillators use different periods.
• The document identifies a colored version but gives no trading rules or performance evidence.

Tags

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