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.

https://youtu.be/Kb48btVg6Ps