Schaff Trend Cycle
The development of Schaff Trend Cycle helped to meliorate on the speed and accuracy of the MACD in identifying trends. Crossing a MACD line (the difference between two exponential moving averages) through a reworked stochastic algorithm assists to calculate Schaff Trend Cycle. The cycles are usually discovered by it. The highs and lows at the frames of these "trend cycles" could be used to identify trends, and emphasize some trading opportunities- long within uptrends, and short within downtrends. In sideways markets, Schaff Trend Cycle is also used as the overbought/oversold indicator and this indicator usually has limits between 0 and 100.
The 25-line and 75-line mean "buy" and "sell" lines and they are expressed horizontally at 25 and 75.