Schaff Cycle Forex Trend Following Strategy

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Schaff Cycle Forex Trend Following Strategy

This system uses a 15 min and above timeframe. It is also applicable to any pairs. It is also the combination of EMA and stochastic indicators.

Forex Indicators and setups:

  • Schaff Trend Cycle
  • EMAs 100,
  • Stochastic (21, 9,9)

Rules to enter a long position:

  • EMA 100 must be sloping up.
  • Schaff Trend Cycle must reach oversold territory on the chart (-10 +10).
  • Enter long when the Schaff Trend Cycle turns back above 10.
  • Stochastic must cross line up.
  • Place stop loss to 10 pips below the most recent level of support.
  • You can take profit if the Schaff Trend Cycle goes below 90.

Rules to enter a short position:

  • EMA 100 must be sloping down.
  • Schaff Trend Cycle must reach overbought territory on the chart (90-110),
  • Enter short when the Schaff Trend Cycle turns back below 90.
  • Stochastic crosses line down.
  • Place stop loss to 3 pips above the most recent level of resistance.
  • You can take profit if the Schaff Trend Cycle indicator moves down to -10 and then rises back above +10.


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