Chande Q-Stick Gold Trading Analysis and Chandes Q-Stick Trading Signals
Developed by Tushar Chandes
Chande Q-Stick is used to identify Gold price trends.
This gold indicator is a moving average of the difference between the opening price & closing price.
This is an oscillator, that oscillates above and below zero which is the middle point.
Chande Q-Stick
XAUUSD Analysis and Generating Trading Signals
Buy Gold Signal
A buy signal is generated when the oscillator moves above the Zero line. As long as the indicator stays above the zero line price will remain bullish, and the gold trend will be upwards.
Buy Trading Signal
Sell Signal
A sell signal is generated when the oscillator moves below the Zero line. As long as the indicator stays below the zero line price will remain bearish, and the gold trend will be downwards
Sell Trade Signal