Chandes Trendscore Technical Analysis and Chandes Trendscore Trading Signals

Developed by Tushar Chandes

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

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

Chandes Trendscore

Technical Analysis and Generating Trade Signals

Buy Signal

A value of above Zero indicate an upwards trend of varying strength

A value of +10 shows a strong trending upward market

Buy Signal

Sell Signal

A value of below Zero indicates a downwards trend of varying strength

A value of -10 indicates a strong trending downward market

Sell Trade Signal