Chande Trendscore MT4 Indicator and Chandes Trendscore Signals
Created 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 prevailing close price to previous closing prices over the last 20 price periods.
Chandes Trendscore is an MT4 Indicator, oscillating between +10 & -10 with Zero being the midpoint.
Chandes Trendscore
MetaTrader 4 Indicator and How to Generate Trade Signals
Buy Signal
A value of above Zero signify & show an upward trend of varying momentum
A value of +10 indicates a strong trending up-ward market
Buy Signal
Sell Signal
A value of below Zero demonstrates a downward trend of varying momentum
A value of -10 indicates a strong trending downward market
Sell Trade Signal
