Actualizado
ROC with closed based coloring & info table [DB]
Rate of Change (ROC) Basics
The Rate of Change (ROC) is a momentum oscillator measuring the percentage price change between the current close and the close from N periods ago.
Calculated as:Pine Script®
Traders use ROC to:
My improvements:
Visual Clarity
What you can benefit with this over the regular ROC:
Faster Analysis: The visual cues make direction and strength instantly obvious and it allows for faster decision making while preserving more mental capital.
The Rate of Change (ROC) is a momentum oscillator measuring the percentage price change between the current close and the close from N periods ago.
Calculated as:
Traders use ROC to:
- Identify overbought/oversold conditions
- Spot momentum shifts
- Confirm trend strength
My improvements:
Visual Clarity
- Color-Coded Direction: ROC line changes color (green/red/yellow) based on intra-candle momentum shifts.
- Direction Table: Instant view of the last change in ROC with the candle close (▲ UP / ▼ DOWN / ▶ FLAT).
- Cells for current value and previous change between timeframe bar period.
What you can benefit with this over the regular ROC:
Faster Analysis: The visual cues make direction and strength instantly obvious and it allows for faster decision making while preserving more mental capital.
Notas de prensa
Fixed a typo which made the Flat condition display as "UP" on the info tableNotas de prensa
Made each cell optional to display
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.