vroc
Function Name: vroc
Tags: None
Category: Volume
The Volume Rate of Change (VROC) indicator displays the difference between the current volume and the volume x-time periods ago. The difference is displayed as a percentage. Almost every significant chart formation (e.g., tops, bottoms, breakouts, etc) is accompanied by a sharp increase in volume. The Volume ROC shows the speed at which volume is changing.
Link: http://www.onlinetradingconcepts.com/TechnicalAnalysis/VolumeRateofChange.html
period |
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Default Value: 12 | Minimum: 1 | Maximum: 9999 |
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Type: Numeric |