Chande Trendscore Energies Technical Analysis & Chandes Trendscore Trading Signals
Developed by Tushar Chande
This energies indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market energies trend by comparing the current close energies price to previous closing energies prices over the last 20 periods.
Chandes Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the mid point.
Chandes Trendscore
Energy Technical Analysis & How to Generate Trading Signals
Buy Trading Signal
A value of above Zero indicate an upwards energies trend of varying strength
A value of +10 indicates a strong trending upwards market
Buy Trading Signal
Sell Trading Signal
A value of below Zero indicates a downwards energies trend of varying strength
A value of -10 indicates a strong trending downwards market
Sell Trading Signal