Chande Trendscore MT4 Indicator and Chandes Trendscore Signals

Developed by Tushar Chande

This MetaTrader 4 Indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market trend by comparing the current close price to previous closing prices over the last 20 periods.

Chandes Trendscore is an MT4 Indicator, oscillating between +10 and -10 with Zero being the midpoint.

Chandes Trendscore

MT4 Indicator and How to Generate Signals

Buy Forex Signal

A value of above Zero signify and show an upward trend of varying strength

A value of +10 indicates a strong trending upwards market

Buy Trading Signal

Sell Forex Signal

A value of below Zero indicates a downwards trend of varying strength

A value of -10 indicates a strong trending downward market

Sell Trading Signal