Schaff Trend Cycle Oscillator
Parameters:
Schaff cycle periods (C)
Short periods (S)
Long periods (L)
MCD=WMA(PRICE, S) - WMA(PRICE, L)
ST=(MCD - MAX(MCD,C))/(MAX(MCD,C)-MIN(MCD,C) * 100
OSCILLATOR=WMA(ST, C/2);
Where WMA is Wilders Moving Average.
Read more about the indicator here
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This indicator will provides Audio / Email Alerts if and when Schaff Trend Cycle Oscillator cross Central, Over Bought or Over Sold Level.
Dec 14, 2015: Compatibility issue Fixed. _Alert helper is not longer needed.