Chande Q-Stick Technical Analysis and Chandes Q-Stick Signals
Created by Tushar Chande
Chandes Q-Stick is used to identify price trends.
This indicator is a Moving Average of the difference between the opening price and closing price.
This is an oscillator, that oscillates above and below zero which is the middle point.
Chande Q-Stick
Technical Analysis and Generating Signals
Buy Signal
A buy signal is generated when the oscillator moves above the Zero line. As long as the indicator stays above the zero line price will remain bullish, and the trend will be upwards.
Buy XAUUSD Signal
Sell Signal
A sell signal is generated when the oscillator moves below the Zero line. As long as the indicator stays below the zero line price will remain bearish, & the trend will be downwards
Sell XAUUSD Signal