Chandes Trendscore Stock Indices Technical Analysis and Chandes Trendscore Trading Signals

Developed by Tushar Chande

This indicator attempts to make a quantitative and qualitative determination of the direction and strength of a market indices 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.

Chande's Trendscore

Stock Indices Technical Analysis and 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 indicates a strong trending upwards market

Buy Trading Signal

Sell Trading Signal

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

A value of -10 indicates a strong trending downward market

Sell Trading Signal