OPEN-SOURCE SCRIPT
Rate of change[UO]
Shows the rate of change of prices. The rate of change is the percent "change" of the related bar.
Yes the information is already on the bar chart but without knowing you might easily miss the importance of that %10 change over there.
- When tje rate of change is too different, there is a trade opportunity.
- Seeing the rate of change you can guess if you can judge if you are making a good trade
Yes the information is already on the bar chart but without knowing you might easily miss the importance of that %10 change over there.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.