Keyword Description
Rate of change
Class
Indicator
Where Legal
Resources |
Entry Logic |
Exit Logic |
Initial Size |
Resize (Pre-Category) |
Resize (Category-Level) |
l |
l |
l |
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Syntax
ROC[p,n]
Where p is the price (O,H,L,C) and n is an integer representing the number of days in the study.
Example
Sample code
COL2 = ROC[CLOSE, 45]
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Rate of Change returns a value that tells you where today's price is relative to the price of a selected number of days ago, expressed as a percentage of that previous price. If today's price is 110 and the previous price was 100, the ROC function will return a value of 1.10. If today's price is 90 and the previous price was 100, the value would be .90. |
