The Rate Of Change (ROC) is an oscillator calculating the percentage change of the security price relative to the price a specified number of periods before.
The Rate Of Change acts like an overbought/oversold oscillator. The higher the ROC, the more overbought the security; when the ROC falls, a rally might occur.
||The number of bars used to calculate the Rate Of Change.|
||The number of bars used to calculate the color gradient.|
||The price used to calculate the Rate of Change.|
||The Rate Of Change oscillator.|
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.