Chandes Trendscore Indices Technical Analysis and Chandes Trendscore Indices Trading Signals
Developed by Tushar Chande
This 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 indices 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
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
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