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 detectdivergences; 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:
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