Chandes Trendscore Oil Technical Analysis & Chandes Trendscore Oil Signals

Developed by Tushar Chandes

This indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market trend by comparing the current close crude trading price to previous closing crude prices over the last 20 price periods.

Chandes Trendscore is an oscillator, oscillating between +10 & -10 with Zero being the midpoint.

Chande's Trendscore

Technical Analysis & Generating 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 up-ward market

Buy Oil Signal

Sell Signal

A value of below Zero demonstrates a downward trend of varying strength

A value of -10 indicates a strong trending downward market

Sell Oil Signal