roc
Rate of Change (ROC) is a momentum oscillator that measures the percentage change in price between the current price and the price n periods ago. It helps identify overbought/oversold conditions and potential trend reversals, with extreme values indicating potential price reversals.
roc (tick)
Rate of Change (ROC) is a momentum oscillator that measures the percentage change in price between the current price and the price n periods ago. It helps identify overbought/oversold conditions and potential trend reversals, with extreme values indicating potential price reversals.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 12 | The number of minutes to calculate the ROC |
SQL example
TICK roc WITH minutes=12 > 10 THEN order SET size=100, price=51.00, transmit=truepsar
Parabolic Stop and Reverse (PSAR) is a trend-following indicator that identifies potential reversals in price direction. It appears as dots above or below the price, with dots below price indicating an uptrend and dots above price indicating a downtrend. It also serves as a trailing stop-loss.
rsi
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100, with values above 70 indicating overbought conditions and below 30 indicating oversold conditions.