VolumeROC (Function)

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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);