Abbreviation: ROC
Category: Change
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| Periods | Int >= 1 | 10 |
Calculation:
Current X value / X value n periods ago
where
X = Time Series
n = Periods
Discussion:
Computes the rate of change between the current time series value and the time series value n periods ago. Note that this is the rate of change definition commonly used by technical analysts. The scientific rate of change is computed by the velocity indicator.