Definition.
Schaff Trend Cycle basically aik method hay jisko Doug Schaff nay 1990 main develope kia aur is main yeh concept mutaraf karaya keh trends high and low patterns ko bar bar duhraty hain. Yani aisa nai hota keh price yakdam he mamooli si uper nichy hoty huye aik side per fall ya rise kary. Balkeh price proper sequence say up and down hoti hay, chahy woh bullish trend main ho ya phir bearish trend main. Ye method darasal modified MACD lines hain. Is method ka maqsad yeh hota hay keh ham trend ki direction jan sakain keh price kis direction main move kary gi. Iskay ilawah trend main possible highs and lows bhi jan sakain.
Input values of Schaff Trend Cycle (STC).
Ji to STC method main three input values use hoti hain. first, short term exponential moving average 23 periods, Second input value Long term exponential moving average jo keh 50 periods per set ki jati hay. Method main use hony wali Third input value cycle hay jo keh cycle ki half length per set kia jata hay jo default value 10 per set kia jata hay.
Calculation of the indicator.
Is indicator ki calculation main input values he use kia jati hain. Pehly EMAs (long and short EMA) aur MACD values (short length EMA-long length EMA) calculate ki jati hain. Iskay bad MACD values say 10 period stochastic calculate kia jata hay. Finally schaff ko calculate kia jata hay jiska following formula hay: -
Schaff = 100 x (MACD – %K (MACD)) / (%D (MACD) – %K (MACD)).
Generating trading signals.
Signals simply STC ki decreasing aur increasing values per liye jaty hain. Jab STC decrease kar raha ho to yeh trend cycle ko falling ka signal daita hay. Jab keh price cycle ko downside laye gi. Jab STC increasing kar raha ho to yeh cycle ko up trend jany ka signal daita hay. Jis main price ya to stabilize rahy gi ya phir trend cycle ko up side lay jaye gi.
Schaff Trend Cycle basically aik method hay jisko Doug Schaff nay 1990 main develope kia aur is main yeh concept mutaraf karaya keh trends high and low patterns ko bar bar duhraty hain. Yani aisa nai hota keh price yakdam he mamooli si uper nichy hoty huye aik side per fall ya rise kary. Balkeh price proper sequence say up and down hoti hay, chahy woh bullish trend main ho ya phir bearish trend main. Ye method darasal modified MACD lines hain. Is method ka maqsad yeh hota hay keh ham trend ki direction jan sakain keh price kis direction main move kary gi. Iskay ilawah trend main possible highs and lows bhi jan sakain.
Input values of Schaff Trend Cycle (STC).
Ji to STC method main three input values use hoti hain. first, short term exponential moving average 23 periods, Second input value Long term exponential moving average jo keh 50 periods per set ki jati hay. Method main use hony wali Third input value cycle hay jo keh cycle ki half length per set kia jata hay jo default value 10 per set kia jata hay.
Calculation of the indicator.
Is indicator ki calculation main input values he use kia jati hain. Pehly EMAs (long and short EMA) aur MACD values (short length EMA-long length EMA) calculate ki jati hain. Iskay bad MACD values say 10 period stochastic calculate kia jata hay. Finally schaff ko calculate kia jata hay jiska following formula hay: -
Schaff = 100 x (MACD – %K (MACD)) / (%D (MACD) – %K (MACD)).
Generating trading signals.
Signals simply STC ki decreasing aur increasing values per liye jaty hain. Jab STC decrease kar raha ho to yeh trend cycle ko falling ka signal daita hay. Jab keh price cycle ko downside laye gi. Jab STC increasing kar raha ho to yeh cycle ko up trend jany ka signal daita hay. Jis main price ya to stabilize rahy gi ya phir trend cycle ko up side lay jaye gi.
