Plotting ROC indicators of two arbitrary types (including Momentum) and periods in a single window.
Indicator calculation equations:
MOM = (price – prevPrice) [Momentum];
ROC = ((price/prevPrice)-1)*100 [Rate of change];
ROCP = (price-prevPrice)/prevPrice [Rate of change Percentage];
ROCR = (price/prevPrice) [Rate of change ratio];
ROCR100 = (price/prevPrice)*100 [Rate of change ratio 100 Scale].
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 28.03.2006.
MT5 Indicators – Download Instructions
ROC2 VG Forex MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.
ROC2 VG Forex MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies
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How to install ROC2 VG Forex MT5 Indicator.mq5 to your MetaTrader 5 Chart?
- Download ROC2 VG Forex MT5 Indicator.mq5
- Copy ROC2 VG Forex MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your mt5 indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on ROC2 VG Forex MT5 Indicator.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator ROC2 VG Forex MT5 Indicator.mq4 is available on your Chart
How to remove ROC2 VG Forex MT5 Indicator.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader 5 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
ROC2 VG Forex MT5 Indicator (Free Download)
Click here below to download: