OPEN-SOURCE SCRIPT
Güncellendi 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:
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.
Sürüm Notları
Fixed a typo which made the Flat condition display as "UP" on the info tableSürüm Notları
Made each cell optional to display
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
Bu komut dosyasını bir grafikte kullanmak ister misiniz?
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.