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X_STUDY® Documentation

Rate of Change (ROCP)


The Rate of Change Percentage (ROCP) indicator compares the current price with the previous price from a selected number of periods ago. The current price is divided by the previous price. ROCP does not express as a percentage. This indicator is also commonly known as a momentum indicator.


ROCP = (Current Price / Price of n bars ago)-1.0)

Where: n = Time period