Real author:

Vladislav Goshkov (VG)

Plotting ROC indicators of two arbitrary types (including Momentum) and periods in a single window.

Indicator calculation equations:

• MOM = (price - prevPrice) [Momentum];
• ROC = ((price/prevPrice)-1)*100 [Rate of change];
• ROCP = (price-prevPrice)/prevPrice [Rate of change Percentage];
• ROCR = (price/prevPrice) [Rate of change ratio];
• ROCR100 = (price/prevPrice)*100 [Rate of change ratio 100 Scale].

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 28.03.2006.

Fig.1. ROC2_VG