Rate of Change (ROC)

Category: momentum

Measures the percentage change in price between the current period and a period 'n' bars ago to identify momentum shifts and trend strength.

Formula

ROC = \frac{Source_{current} - Source_{n}}{Source_{n}} \times 100

Inputs

• Length (default: 9)
• Source (default: close)
• Signal markers (default: true)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.