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