Chandes Trendscore Stock Indices Analysis and Chandes Trendscore Signals
Developed by Tushar Chandes
This indices indicator attempts to make a quantitative & qualitative determination of the direction & 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 & -10 with Zero being the mid point.
Chandes Trendscore
Indices Analysis and How to Generate Trading Signals
Buy Signal
A value of above Zero signify and show an upward stock trend of varying strength
A value of +10 demonstrates a strong trending upwards market
Buy Signal
Sell Signal
A value of below Zero demonstrates a downward stock trend of varying strength
A value of -10 indicates a strong trending downward market
Sell Signal
What is a Forex Trading Plan? - Written Forex Trading Plan Template
Alternatives: Automated EA Trading Robots or Copy Paste Trading Signals
