Chandes Trendscore MT4 Stock Indexes Indicator and Chandes Trendscore Indices Trading Signals

Developed by Tushar Chande

This MT4 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 MT4 Stock Indexes Indicator, oscillating between +10 and -10 with Zero being the midpoint.

Chandes Trendscore

MT4 Indices Technical Indicator 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

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