Chande Q-Stick Oil Technical Analysis and Chandes Q-Stick Trading Signals
Developed by Tushar Chande
Chande Q-Stick is used to identify Oil price trends.
This oil indicator is a moving average of the difference between the opening crude oil price and closing crude oil price.
This is an oscillator indicator, that oscillates above & below zero which is the middle point.
Chande Q-Stick
Crude Oil Technical Analysis & How to Generate Trading Signals
Buy Trading Signal
A buy oil signal is generated when the oscillator moves above the Zero line. As long as the indicator stays above the zero line crude oil price will remain bullish, and the oil trend will be upwards.
Buy Crude Trading Signal
Sell Trading Signal
A sell oil signal is generated when the oscillator moves below the Zero line. As long as the indicator stays below the zero line crude oil price will remain bearish, and the oil trend will be downwards
Sell Crude Trading Signal