OPEN-SOURCE SCRIPT
Schaff Trend Cycle (STC)

The STC (Schaff Trend Cycle) indicator is a momentum oscillator that combines elements of MACD and stochastic indicators to identify market cycles and potential trend reversals.
Key features of the STC indicator:
Traders typically use the STC indicator to:
This STC implementation includes multiple smoothing options that act as filters:
Key features of the STC indicator:
- Oscillates between 0 and 100, similar to a stochastic oscillator
- Values above 75 generally indicate overbought conditions
- Values below 25 generally indicate oversold conditions
- Signal line crossovers (above 75 or below 25) can suggest potential entry/exit points
- Faster and more responsive than traditional MACD
- Designed to filter out market noise and identify cyclical trends
Traders typically use the STC indicator to:
- Identify potential trend reversals
- Confirm existing trends
- Generate buy/sell signals when combined with other technical indicators
- Filter out false signals in choppy market conditions
This STC implementation includes multiple smoothing options that act as filters:
- None: Raw STC values without additional smoothing, which provides the most responsive but potentially noisier signals.
- EMA Smoothing: Applies a 3-period Exponential Moving Average to reduce noise while maintaining reasonable responsiveness (default).
- Sigmoid Smoothing: Transforms the STC values using a sigmoid (S-curve) function, creating more gradual transitions between signals and potentially reducing whipsaw trades.
- Digital (Schmitt Trigger) Smoothing: Creates a binary output (0 or 100) with built-in hysteresis to prevent rapid switching.
The STC indicator uses dynamic color coding to visually represent momentum: - Green: When the STC value is above its 5-period EMA, indicating positive momentum
- Red: When the STC value is below its 5-period EMA, indicating negative momentum
The neutral zone (25-75) is highlighted with a light gray fill to clearly distinguish between normal and extreme readings.
Alerts:
Bullish Signal Alert: - The STC has been falling
- It bottoms below the 25 level
- It begins to rise again
This pattern helps confirm potential uptrend starts with higher reliability.
Bearish Signal Alert: - The STC has been rising
- It peaks above the 75 level
- It begins to decline
This pattern helps identify potential downtrend starts.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
github.com/mihakralj/pinescript
A collection of mathematically rigorous technical indicators for Pine Script 6, featuring defensible math, optimized implementations, proper state initialization, and O(1) constant time efficiency where possible.
A collection of mathematically rigorous technical indicators for Pine Script 6, featuring defensible math, optimized implementations, proper state initialization, and O(1) constant time efficiency where possible.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
github.com/mihakralj/pinescript
A collection of mathematically rigorous technical indicators for Pine Script 6, featuring defensible math, optimized implementations, proper state initialization, and O(1) constant time efficiency where possible.
A collection of mathematically rigorous technical indicators for Pine Script 6, featuring defensible math, optimized implementations, proper state initialization, and O(1) constant time efficiency where possible.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.