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Schaff Trend Cycle Indicator

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Wondering if anyone has used this 'forward looking' oscillator? Uses stochastic over stochastic over MACD and adds a cycle component to factor currency cycle trends so anticipates rather than lags. Sounds like MACD on steroids. Signals generated when crosses down through 75 or up through 25.

 

http://www.investopedia.com/articles/forex/10/schaff-trend-cycle-indicator.asp

 

http://www.earnforex.com/metatrader-indicators/Schaff-Trend-Cycle/

 



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