This is different from regular Rate Of Change as you can see.
How to use it:
Weak Buy when green
Strong buy when lime
Weak Sell when red
Strong sell when fuchsia
Like regular rate of change as long as the black line is above the zero line, it is a sign of an uptrend, and can be a signal to hold on. Vice-versa is also true.
Meant for any market, and under any conditions.
How to use it:
Weak Buy when green
Strong buy when lime
Weak Sell when red
Strong sell when fuchsia
Like regular rate of change as long as the black line is above the zero line, it is a sign of an uptrend, and can be a signal to hold on. Vice-versa is also true.
Meant for any market, and under any conditions.