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S-RoC - Indicator for MetaTrader 4

S-RoC
TypeIndicators PlatformMT4 Version10 Date created 7 May 2016 Date updated27 July 2017
Formatmq4 Size1.9Kb Downloads282 Rating
5 of 5
based on 48 rates

The algorithm of the indicator’s work is very simple:

  • Firstly, it calculates the exponential Moving Average for the closing price of the transaction;
  • Then, the speed of the changes of the Average is calculated.

Before you start trading with this tool, you need to set the following parameters:

  • MA_Period - 13;
  • ROC_Period - 21.

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