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 ruling 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 Signals
Buy Trade Signal
A value of above Zero signify & show an upward trend of varying momentum
A value of +10 indicates a strong trending upwards market
Buy Trade Signal
Sell Trading 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
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