Chandes Trendscore Stock Indices Analysis & Chandes Trendscore Trading Signals
Developed by Tushar Chande
This 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.
Chande Trendscore is an oscillator, oscillating between +10 & -10 with Zero being the mid point.
Chandes Trendscore
Stock Indices Analysis & How to Generate Trading Signals
Buy Trading Signal
A value of above Zero indicate an upward trend of varying strength
A value of +10 shows a strong trending upwards market
Buy Trading Signal
Sell Trading Signal
A value of below Zero shows a downwards trend of varying strength
A value of -10 indicates a strong trending downward market
Sell Trading Signal
What's a Stock Index Trading Plan? - Stock Indices Trading Plan Example
Alternatives: Automated EA Trading or Copy and Paste Signals
