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