OPEN-SOURCE SCRIPT
Derivative (ROC) Indicator (uses any indicator or price source)
This simple indicator can calculate the rate of change of any indicator or plot on your current chart.
May be useful for making strategies related to how fast a particular MA or oscillator is moving.
Use it however you'd like in your analysis.
May be useful for making strategies related to how fast a particular MA or oscillator is moving.
Use it however you'd like in your analysis.
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.
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.
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.