RocnRoll
ProRealTime v11Return value of the RocnRoll indicator.
Syntax:
|
1 |
RocnRoll(price) |
Where:
- price= applied price used for the calculation of the RocnRoll indicator
The ROCnRoll uses operations based on a ROC (rate of change) and exponential moving averages of different periods to generate bullish and bearish signals.
Interpretation:
If the ROCnRoll goes to 1 and stays at 1, the indicator gives a bullish signal (green histogram).
If the ROCnRoll becomes 2 and stays at 2, the indicator gives a bearish signal (red histogram).
If the ROCnRoll goes to -1 the indicator gives a signal to exit the market and stay out for the moment (blue histogram) until another bullish or bearish signal is given.
Hi, how can i find out what Value the Indicator had in the previous period ?
tried RocnRoll(close[1]) but that doesn’t seem to work
any ideas ?
did you try this? RocnRoll(close)[1]