Chandes Trendscore XAUUSD Technical Analysis and Chandes Trendscore XAUUSD Signals
Developed by Tushar Chande
This xauusd indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market xauusd trend by comparing the current close gold price to previous closing xauusd prices over the last 20 periods.
Chandes Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the midpoint.
Chandes Trendscore
XAUUSD Technical Analysis and Generating XAUUSD Signals
Buy XAUUSD Signal
A value of above Zero indicate an upward xauusd trend of varying strength
A value of +10 indicates a strong trending upward market
Buy XAUUSD Signal
Sell XAUUSD Signal
A value of below Zero indicates a downward xauusd trend of varying strength
A value of -10 indicates a strong trending downward market
Sell XAUUSD Signal