Abbreviation: ROC%
Category: Change
Input Parameters:
| Name | Range | Default |
| Time Series | Close | |
| Periods | Int >= 1 | 10 |
Calculation:
100 * Current X value / X value n periods ago
where
X = Time Series
n = Periods
Discussion:
Computes the percent rate of change between the current time series value and the time series value n periods ago. Note that this is the percent rate of change definition commonly used by technical analysts. The scientific percent rate of change can be computed by multiplying the velocity indicator by 100.