OPEN-SOURCE SCRIPT
modificated rate of change
Based on ROC this indicator has been smoothed with filter and the zero line changed by a longer period of inverted ROC filtred as well . Buy/sell at the cross.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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