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TrendScore

PostPosted: Thu Mar 28, 2013 10:11 am
by Apprentice
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
(3.21 KiB) Downloaded 959 times

Re: TrendScore

PostPosted: Fri Jun 06, 2014 3:35 pm
by Alexander.Gettinger
MQL4 version of Trend Score oscillator: viewtopic.php?f=38&t=60798.

Re: TrendScore

PostPosted: Fri Oct 23, 2015 1:59 pm
by tmdabc
looks good,thanks :!:

Re: TrendScore

PostPosted: Fri Oct 12, 2018 5:17 am
by Apprentice
The indicator was revised and updated.