Chandes Trendscore Bitcoin Analysis & Chandes Trendscore Trading Signals
Created by Tushar Chande
This btcusd cryptocurrency indicator attempts to make a quantitative & qualitative determination of the direction and strength of a market bitcoin crypto currency trend by comparing the current close bitcoin crypto currency price to prior closing bitcoin crypto currency prices over the last 20 periods.
Chandes Trendscore is an oscillator, oscillating between +10 and -10 with Zero being the mid point.
Chandes Trendscore
BTCUSD Crypto Analysis and How to Generate Signals
Buy Signal
A value of above Zero indicate an upwards bitcoin trend of varying strength
A value of +10 shows a strong trending upwards market
Buy Signal
Sell Signal
A value of below Zero shows a downward bitcoin trend of varying strength
A value of -10 indicates a strong trending downward market
Sell Signal
