MetaStock Rate of Change Function

by David Jenyns on June 9, 2007

MetaStock Rate of Change Function
The Rate of Change indicator is basically identical in principle to the momentum indicator, in that both measure how much a security’s price changes over a set period of time. CALCULATION The Rate of Change indicator simply measures how much a security’s price has changed over a set number of periods and represents the change as either a percentage or actual number of cents.

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