Chandes Trendscore Technical Analysis & Chandes Trendscore Trading Signals

Developed by Tushar Chande

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

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

Chandes Trendscore

Energy Analysis & How to Generate Trade Signals

Buy Trade Signal

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

A value of +10 demonstrates a strong trending upwards market

Buy Trading Signal

Sell Trading Signal

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

A value of -10 demonstrates a strong trending downward market

Sell Trading Signal