Volume Rate Of Change

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

 

Parameters

period

 

Default Value: 12  |  Minimum: 1  |  Maximum: 9999

 

Type: Numeric