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Joined: 8/22/2005(UTC)
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Location: ITALY
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I'd like to know, the mathematical formula below the ROC (C, t, %) function.
thank you
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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ferrdav, Have a look in the MS Users Manual for the ROC() or Rate of Change function... MS Users Manual wrote:The following formula calculates the 12-period Price Rate-Of-Change:
(( C - ref(C,-12)) / ref(C,-12)) * 100
The 12-period rate-of-change can also be written using the roc() function shown below:
roc( close, 12, % )
The 12-period rate-of-change can be expressed in "points" using the following formula:
close - ref(close, -12)
wabbit [:D]
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