Trade Stock Indices

Learn Stock Indices Trading

Chandes Trendscore Indices Technical Analysis and Chandes Trendscore MT5 Stock Indexes Indicator

Developed by Tushar Chande

This MetaTrader 5 stock indices indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market indices trend by comparing the current close stock indexes price to previous closing indices prices over the last 20 periods.


Chandes Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the midpoint.

Chandes Trendscore indicator

Chandes Trendscore


Indices Technical Analysis and Generating Indices Trading Signals


Buy Indices Trading Signal

A value of above Zero indicate an upward indices trend of varying strength


A value of +10 indicates a strong trending upward market

Buy Indices Trading Signal

Buy Indices Trading Signal



Sell Indices Trading Signal

A value of below Zero indicates a downward indices trend of varying strength


A value of -10 indicates a strong trending downward market

Sell Indices Trading Signal

Sell Indices Trading Signal

 

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