Chandes Trendscore Commodities Analysis and Chandes Trendscore Trading Signals
Developed by Tushar Chandes
This indicator attempts to make a quantitative and qualitative determination of the direction & strength of a market trend by comparing the current close trading price to previous closing commodities prices over the last 20 price periods.
Chandes Trendscore is an oscillator, oscillating between +10 & -10 with Zero being the mid point.
Chandes Trendscore
Commodity Analysis and Generating Trade Signals
Buy Trade Signal
A value of above Zero signify and show an upward trend of varying strength
A value of +10 demonstrates a strong trending upward market
Buy Trading Signal
Sell Trading Signal
A value of below Zero demonstrates a downward trend of varying strength
A value of -10 indicates a strong trending downward market
Sell Trading Signal