Description
The Rate Of Change Crossover study is a technical indicator which finds where Rate Of Change crosses zero level.
Crossing above zero level signifies bullish trend, while crossing below indicates the bearish trend.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars used to calculate Rate of Change. |
crossing type
|
Defines whether to display signals when Rate Of Change goes above or below the zero level. |
Plots
| Plot | Description |
|---|---|
signal
|
The Rate Of Change Crossover signals. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.