Rare Of Change ROC indicator for mt4 - mt5 forex trading chart

Rate of Change (ROC)

The Rate of Change (ROC) indicator steps the portion modification of the present price as set alongside the cost a certain quantity of periods ago. The ROC indicator may be used to confirm cost moves or detect
divergences; it's also utilized as helpful information for determining overbought and oversold conditions. The formula for Rate of Change is expressed below:

    [(Current Price / Price n periods ago) - 1] x 100

Generally speaking, the speed of Change is determined predicated on 14-periods for input n, but of course can be modified to any trader preferred period. A chart of the Nasdaq 100 ETF (QQQQ) is shown below aided by the 14-day Rate of Change indicator: