Stochastic_ROC - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Stochastic-based Rate of Change (ROC) indicator.

It has eight input parameters:

This ROC indicator does not need to be calculated as it is calculated by the indicator itself.

 If type = absolutely random, then ROC = ((random(now) - random(before)),
If type = relatively random, then ROC = ((random(now) - random(previous)) / random(previous))*100

Peng:

 ROC = ((Closing(i) - Closing(i - n)) / Closing(i - n)) * 100
CLOSE (i) - the closing price of the current bar;
CLOSE (i - n) - the closing price n bars ago;