Apply Rate of Change Indicator

ROC is a refined version of Momentum. The readings fluctuate as percentages around the zero line. You set the number of periods when you create the study.

Rate of change =100(V/Vx)

where:

V -  the latest closing price.

Vx -  the closing price of x bars ago.

To apply a Rate of Change indicator

  1. Create a realtime interactive chart.

  2. On the Charts menu select Add Study.

  3. From the list of study indicators, select Rate of Change.