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