Schaff Trend Cycle is a custom MT4/MT5/cTrader indicator coded by EarnForex.com. The indicator is adapted from the original TradeStation EasyLanguage version. Schaff Trend Cycle uses cycles to calculate a stochastic oscillator of a stochastic oscillator of a MACD main line.
The indicator supports all sorts of alerts, including arrows in the main window of the chart where the price trend cycle change is happening.
More information about this custom MetaTrader/cTrader indicator is available here: https://www.earnforex.com/indicators/Schaff-Trend-Cycle/
Any contributions to the code are welcome!