TrendScore

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TrendScore

Postby Apprentice » Thu Mar 28, 2013 10:11 am

ts.png


As described in the article Rating Trend Strength by Tushar S. Chande, September 1993 of S&C magazine. Trendscore indicates both the trend direction and trend strength.

If (today's close >= close x days ago) then score = 1
If (today's close < close x days ago) then score = -1
For all periods From Star thill End Period.

TS.lua
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Re: TrendScore

Postby Alexander.Gettinger » Fri Jun 06, 2014 3:35 pm

MQL4 version of Trend Score oscillator: viewtopic.php?f=38&t=60798.
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Re: TrendScore

Postby tmdabc » Fri Oct 23, 2015 1:59 pm

looks good,thanks :!:
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Re: TrendScore

Postby Apprentice » Fri Oct 12, 2018 5:17 am

The indicator was revised and updated.
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