Chande Trendscore Bitcoin Trading Analysis & 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 bitcoin trend by comparing the current close bitcoin trading price to previous closing prices over the last 20 price periods.
Chande Trendscore is an oscillator, oscillating between +10 & -10 with Zero being the mid point.
Chandes Trendscore
Bitcoin Trading Analysis & How to Generate Trading Signals
Buy Trading Signal
A value of above Zero indicate an upward bitcoin trend of varying strength
A value of +10 indicates a strong trending upwards market
Buy Crypto Trading Signal
Sell Trading Signal
A value of below Zero indicates a downwards bitcoin trend of varying strength
A value of -10 indicates a strong trending downward market
Sell Crypto Trading Signal