Chandes Trendscore Silver 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 Silver Signal
A value of above Zero indicate an upwards trend of varying strength
A value of +10 shows a strong trending upward market
Buy Trading Signal
Sell Silver 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