Price Rate Of Change Indicator (ROC)
Signals:
In an uptrend look for the indicator reversal points below zero to go long.
In a downtrend look for the indicator reversal points above zero to go long.
Trend identification:
A rising ROC typically shows uptrend and crossing above zero line confirms the uptrend.
A falling ROC typically shows downtrend and crossing below zero line confirms the downtrend.
In an uptrend look for the indicator reversal points below zero to go long.
In a downtrend look for the indicator reversal points above zero to go long.
Trend identification:
A rising ROC typically shows uptrend and crossing above zero line confirms the uptrend.
A falling ROC typically shows downtrend and crossing below zero line confirms the downtrend.
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