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QuantTherapy

APEX - ROC MA [v1]

QuantTherapy  
Oscillators Centered Oscillators apex puppytherapy
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oscillator centeredoscillator apex puppytherapy
The rate of change also know as ROC is a momentum indicator that describes changes over a specific period of time. In general positive values describe for the asset to have a positive momentum change whereas negative values will give a negative momentum change.

You will be able to add moving averages or additionally smooth the ROC to create a more stable indicator for filtering or entries.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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