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