VROC
Volume Rate of Change
Description
Volume Rate of Change Volume (VROC) is an
oscillator applied to volume rather than price and is calculated in the same
manner as the Price Rate of Change (ROC) indicator. ROCV highlights increases in
volume, which normally occur at most significant market tops, bottoms and
breakouts.
Category
Momentum Indicators
Parameters
N ( Default: 12
Min: 2 Max: 300 )
Chart Script
(VOL-REF(VOL,N))/REF(VOL,N)*100