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BeST Chande TrendScore Indicator


BeST_Chande TrendScore Indicator points the start of a trend with high degree of  accuracy and it is amazing for scalping on the 1min timeframe. It is also a   simple way to rate trend strength. It indicates both the direction and strength  of a trend and can be easily combined with various trend-following, swing and scalping
As of a trend’s
direction and strength a value of 10 signals a strong uptrend while a value of
-10 signals a strong downtrend. Generally a positive score shows an upward
trend bias while a negative score shows a downward bias. The TrendScore is
pinned to 10 during major portions of the upward moves and to –10 during major
portions of the upward moves while it is quick to change directions during
sideways periods.

TrendScore  Indicator

  • is great for
    trend trading
  • is great for
    swing trading
  • is great for
  • does not repaint
  • works on any
  • works on any
  • is simple and
    easy to use

TrendScore  Indicator  was devised
by Tushar S. Chande and he explained all about its use at his article in Stocks

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