Rate Of Change

Assume a rate of change number of bar’s value of 12 (the program’s default).


The rate of change is calculated by first subtracting the current bar’s close by close of 12 bars ago. You then divide this by figure by the close of 12 bars ago and then multiply this figure by 100 to get the rate of change.


Calculation Example


Testing Dialog Box


Reference: Achelis, Steven B. Technical Analysis from A to Z. San Francisco, CA: McGraw-Hill., 1995.