MetaTrader 5 / Indicators

Schaff Trend RSI - indicator for MetaTrader 5

6454
(15)

Schaff Trend Series indicator that is less known.

While Schaff Trend Cycle is a sort of a double smoothed stochastic of a MACD, this is an RSI of the MACD. It partially reminds of a RSI of Moving Average, but the difference is significant enough to have it as a new indicator. Also, do not expect to have values similar to the Schaff Trend Cycle - they are calculated in a completely different way, and the results are very different.