Rate Of Change - ROC


Parameters:

Description:

Rate of Change is a simple momentum indicator calculating the rate at which the price changes over a specified period of time.

Uses the division method for comparing the price with that of the last period.

Some hints for interpretation

Use several momentum indicators for various time spans.

Above equilibrium: greater than this time last period. Below equilibrium: less than this time last period.

Rising momentum: bullish, expanding. Declining momentum: bearish.