The Schaff Trend Cycle. An Improved Trend Indicator?

Developing & Back-testing the Schaff Trend Cycle Indicator in Python to Trade the Trend.

There are two desired outcomes of a trend-following strategy, the first one is entering on time and the second one is exiting on time. We always seek to detect the changes of trends as early as possible and then want to exit after having exploited most of it. This is easier said than done and many indicators are lagging. In this article we will discuss …