Chande Trendscore Technical Analysis and Chande Trendscore Signals
Developed by Tushar Chande
This 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.
Chande Trendscore is an oscillator, oscillating between +10 & -10 with Zero being the midpoint.
Chandes Trendscore
FX Technical Analysis & Generating Signals
Buy Trading 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 Forex Signal
Sell Trading Signal
A value of below Zero indicates a downwards trend of varying strength
A value of -10 indicates a strong trending downward market
Sell Forex Signal
