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Thread: Schaff Trading Cycle Double

  1. #1
    Junior Member
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    Jan 2009
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    Default Schaff Trading Cycle Double

    HI I normally use the Schaff Trading system on CMS Forex virtual trader, but I also ahve a metatrader platform that I use for IBFX and FX Pro. I was wondering fi anyone ahd used the Schaff Trend Cycle System from CMS Virtual Trader Platform, and had an idea on how to make it a meta trader EA. I will post the description of it and also the parameters it uses.

    Overview

    This system first creates the standard Schaff Trend Cycle indicator, but it also creates a second instance of the Schaff Trend Cycle (which is basically a faster version of the standard). It also defines the 30/70 levels. Lastly it defines trade criteria.

    For a long trade, the cross of the faster schaff above the standard schaff is the trigger, BUT only if their cross happens when ST2 (the faster Schaff) is >30 and <70 (so in between them) OR a long is also generated by the ST2 schaff crossing the 30 line, BUT only if the ST2 is already above the standard schaff and ST2 is <70.

    For the short trades, flip the logic over... ST2 crosses below standard scaff only if this cross happens when ST2 is in between the 30/70 lines OR short triggers when ST2 crosses below the 70 line, BUT only if ST2 is already beneath the standard schaff and ST2 is > 30.


    Schaff Long Term Periods 50
    Schaff Short Term Periods 10
    Schaff Cycle Periods 10
    Level up % 70
    Level Down % 30

  2. #2

    Default

    As Funyoo would say read this first before submitting your ideas. http://www.tradingsystemforex.com/id...t-request.html

    Regards,
    Jeff


    Quote Originally Posted by gfeliciano View Post
    HI I normally use the Schaff Trading system on CMS Forex virtual trader, but I also ahve a metatrader platform that I use for IBFX and FX Pro. I was wondering fi anyone ahd used the Schaff Trend Cycle System from CMS Virtual Trader Platform, and had an idea on how to make it a meta trader EA. I will post the description of it and also the parameters it uses.

    Overview

    This system first creates the standard Schaff Trend Cycle indicator, but it also creates a second instance of the Schaff Trend Cycle (which is basically a faster version of the standard). It also defines the 30/70 levels. Lastly it defines trade criteria.

    For a long trade, the cross of the faster schaff above the standard schaff is the trigger, BUT only if their cross happens when ST2 (the faster Schaff) is >30 and <70 (so in between them) OR a long is also generated by the ST2 schaff crossing the 30 line, BUT only if the ST2 is already above the standard schaff and ST2 is <70.

    For the short trades, flip the logic over... ST2 crosses below standard scaff only if this cross happens when ST2 is in between the 30/70 lines OR short triggers when ST2 crosses below the 70 line, BUT only if ST2 is already beneath the standard schaff and ST2 is > 30.


    Schaff Long Term Periods 50
    Schaff Short Term Periods 10
    Schaff Cycle Periods 10
    Level up % 70
    Level Down % 30

  3. #3
    Junior Member
    Join Date
    Jan 2009
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    Default

    Can you please post which schaff you're using and a template?

  4. #4

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