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