Chandes Q Stick Analysis and Chandes Q Stick Signals
Developed by Tushar Chande
Chande Q-Stick is used to identify market trends.
This indicator is a MA of the difference between the opening price & closing price.
This is an oscillator technical indicator, that oscillates above & below zero which is the middle point.
Chande Q-Stick
Forex Analysis and How to Generate Signals
Buy Signal
A buy trade signal gets generated when the oscillator trading moves above the Zero line. As long as the trading indicator stays above zero line price will remain bullish, & the market trend will be upwards.
Buy Trading Signal
Sell Trade Signal
A sell trading signal gets generated when the oscillator trading indicator moves below the Zero line. As long as the technical indicator stays below the zero line price will remain bearish, & the market trend will be downwards
Sell Trade Signal
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