MetaTrader 5 โ€ฃ MT5 Indicators โ€ฃ Schaff Trend RSI โ€“ indicator MetaTrader 5

Schaff Trend RSI – indicator MetaTrader 5

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.

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