HTS's Rate Of Change Percent indicator measures the rate of change similar to the rate of change indicator but expressed as a percent. This is a momentum indicator.
Supported Trade Types
Rate Of Change Percent is an indicator with the following formula:
ROCP = [(Close - Close n periods ago) / (Close n periods ago)] * 100
Exchange Website to monitor
Currency Pair to monitor for trade signals
Number of candles (or time periods) before an action is taken.
When the calculation result is equal or below this value, the indicator will generate a buy signal.
When the calculation result is equal or above this value, the indicator will generate a sell signal.
This indicator is useful for defining the overall direction of the underlying trend and can be used with additional indicators.