Smoothed Rate of Change

roc_smooth

Function Name: roc_smooth

Tags: EMA, ROC

Category: Momentum

Instead of the actual price, the calculation uses the exponential moving average, to which the rate of change principle is applied.

 

Source: "Trading for Living.", Alexander Elder

Link: http://www.finecharts.com/vzdelavani/6-indicators/357-smoothed_rate_of_change.htm

 

Parameters

EMAperiod

 

Default Value: 4  |  Minimum: 1  |  Maximum: 100

 

Type: Numeric

ROCperiod

 

Default Value: 14  |  Minimum: 1  |  Maximum: 100

 

Type: Numeric