Chande Trendscore Technical Analysis and Chandes 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.
Chandes Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the mid point.
Chande's Trendscore
Forex Technical Analysis & Generating FX Signals
Buy Forex Signal
A value of above Zero signify and show an upward trend of varying strength
A value of +10 indicates a strong trending upward market
Buy Trading Signal
Sell Forex Signal
A value of below Zero indicates a downwards trend of varying strength
A value of -10 indicates a strong trending downwards market
Sell Trading Signal
