STC (Schaff Trend Cycle)

The STC or Schaff Trend Cycle Indicator is technical indicator that permits traders to predict the market trend. Because it identifies the present and future trends, traders can use the information provided by the STC indicator for accurate buy and sell signals. The idea behind this indicator is the assumption that market trends increase or decrease in routine patterns, not related to the time frame. The indicator is a combination of the MACD and the Stochastic.