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TamFX, made this version.
Thanks you mrtools
STC Trading System
STC Trading System is a momentum trend fx strategy based on the Schaff Trend Cycle with Slow Stochastic.
The Stochastic and STC indicators provide you with information on both long‐and short‐term market direction. Together they present a rolling estimate of the market direction on a daily chart while maintaining the shorter term characteristics of hourly price movement. “The trend is our friend.”
Consequently, the combination of these two indicators is ideal for this approach to trading the Forex, as we are usually trading in the direction of the dominant trend. However, there are times when you can trade against the trend, taking advantage of a retracement or probable change in market direction.
Time Frame 15min or higher.
Currency pairs: Majors; Indicies: S&P 500, Nasdaq, DAX, FTSE.
Metatrader Indicators:
Schaff Trend Cycle (30, 24, 48);
Stochastic (78,78, 1);
FX Arrow (you can change this arrow with another, I show two differents arrows ).
Trading Rules STC Trading System
Trade with the trend
Long Entry
FX Arrow buy confirmed by Stochastic line above the signal line and Schaff Trend Cycle is above the level 25.
Short Entry
FX Arrow sell confirmed by Stochastic line below the signal line and Schaff Trend Cycle is above the level 75.
Exit position with profit target predetermid that depends by time frame and currecy pairs.
Money Management
We recommend trading at a max of 1% per trade and 4% total on all currency pairs you’re trading. If you are trading only one calibrated pair, you could trade at 4%. If you are trading two calibrated pairs, you could trade each at 2%. If you are trading 3 calibrated pairs, you could trade each at 1.33%. Finally, if you are trading 4 calibrated pairs, you could trade each at 1%. HOWEVER, you, and only you, can decide the amount of risk that is best for your circumstances and trading style.
stc_trading_system.rar
It looks better with original Doug Schaff stc - cleaner signals