Chandes Trendscore Stock Indices Analysis & Chandes Trendscore Trading Signals

Developed by Tushar Chande

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

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

Chandes Trendscore

Stock Indices Analysis & How to Generate Trading Signals

Buy Trading Signal

A value of above Zero indicate an upward indices trend of varying strength

A value of +10 shows a strong trending upwards market

Buy Trading Signal

Sell Trading Signal

A value of below Zero shows a downwards indices trend of varying strength

A value of -10 indicates a strong trending downward market

Sell Trading Signal