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2016.06.30 13:04
ROC2_VG

ROC2_VG - indicator for MetaTrader 5

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roc2_vg.mq5 (7.84 KB)view

Real author:

Vladislav Goshkov (VG)

Description:

Plotting ROC indicators of two arbitrary types (including Momentum) and periods in a single window.

Indicator calculation equations:

  • MOM = (price - prevPrice) [Momentum];
  • ROC = ((price/prevPrice)-1)*100 [Rate of change];
  • ROCP = (price-prevPrice)/prevPrice [Rate of change Percentage];
  • ROCR = (price/prevPrice) [Rate of change ratio];
  • ROCR100 = (price/prevPrice)*100 [Rate of change ratio 100 Scale].

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 28.03.2006.

Image:

Fig.1. ROC2_VG

Fig.1. ROC2_VG

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/15627

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