Chandes Trendscore Bitcoin Analysis & Chandes Trendscore Trading Signals

Developed by Tushar Chande

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

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

Chandes Trendscore

Bitcoin Analysis & 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 upward 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