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indicator:rate_of_change

Table of Contents

Rate of Change

FIXME

Parameters

Logical rules for Opening Logic Condition slot.

  • ROC rises;
  • ROC falls;
  • ROC is higher than the Level line;
  • ROC is lower than the Level line;
  • ROC crosses the Level line upward;
  • ROC crosses the Level line downward;
  • ROC changes its direction upward;
  • ROC changes its direction downward;

Logical rules for Closing Logic Condition slot.

  • ROC rises;
  • ROC falls;
  • ROC is higher than the Level line;
  • ROC is lower than the Level line;
  • ROC crosses the Level line upward;
  • ROC crosses the Level line downward;
  • ROC changes its direction upward;
  • ROC changes its direction downward;

List box parameters

  • Smoothing method (Simple). The Moving Average method used for smoothing ROC value. Options: Simple, Weighted, Exponential, Smoothed.
  • Base price (Close). The price the indicator is based on. Options: Open, High, Low, Close, Median, Typical, Weighted.

Numeric box parameters

  • Period (10). The period of ROC. Minimum: 1, Maximum: 200.
  • Smoothing period (0). The period of additional smoothing. Minimum: 0, Maximum: 200.
  • Level (1). A critical level (for the appropriate logic). Minimum: 0, Maximum: 10.

Implementation

C# source code: Rate of Change.

MQL source code: Rate of Change.