OPEN-SOURCE SCRIPT

RS.ROC | Relative Strength - Rate of Changes - 4CR CUP

13 264
For completeness of Relative Strength studies, the Relative Strength based on rate of changes (ROC) with weighting is coded and presented as well.

The RS.ROC is similar to the formulation of RS by IBD before rank among all the stocks in the market.

The lookback period is relaxed for customizing. Once you set the total lookback period, representing the 4Q, in the indicator, the other shorter lookback periods will be auto-calculated, namely, 1Q, 2Q, 3Q.

A simple moving average of the RS.ROC is also added for your easier analysis on the trend development of the strength.


To use it later at your charting later,
1. Favorite it;
2. Select from your favorite list.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.