VolumeROC (Function)
The VolumeROC function returns the volume rate of change based on a range of bars..
Syntax
VolumeROC(Length)
Returns (Double)
A numeric value containing a positive or negative value of VolumeROC for the current bar.
Parameters
|
Name |
Type |
Description |
|
Length |
Numeric |
Sets the number of bars to consider. |
Remarks
The most common use of this function is to determine the likelihood of a continuation in the current move.
Example
Value1 = VolumeROC(20);