Chande Trendscore Technical Analysis & Chande Trendscore MT5 Indicator
Developed by Tushar Chande
This MT5 indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market forex trend by comparing the current close forex price to previous closing prices over the last 20 periods.
Chandes Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the mid point.

Chande's Trendscore
FX Technical Analysis & How to Generate Signals
Buy Trading Signal
A value of above Zero signify and show an upward forex trend of varying strength
A value of +10 indicates a strong trending upward market

Buy Forex Signal
Sell Trading Signal
A value of below Zero indicates a downwards forex trend of varying strength
A value of -10 indicates a strong trending downwards market

Sell Forex Signal


