OPEN-SOURCE SCRIPT
Multi Rate of Change (ROC) - 3 Lines
Multi Rate of Change (ROC) - 3 Lines
This custom indicator displays three Rate of Change (ROC) lines, each with independently adjustable lookback periods (default: 7, 30, and 100 days). It allows you to quickly compare short-, mid-, and long-term price momentum on the same chart.
All ROC lines show the percent change of the close price compared to N bars ago.
The color, thickness, and style (solid, dotted, dashed) of each ROC line can be customized in the settings.
A zero reference line is included and can also be customized.
Suitable for momentum analysis and identifying trend acceleration or deceleration at multiple timeframes.
Designed for easy use: simply add the indicator to your chart and adjust the settings as needed.
How to use:
Add the indicator to your chart.
Set each ROC period (e.g., 7, 30, 100 days) as desired.
Adjust colors, line widths, and styles for better visibility.
Interpret positive ROC values as upward momentum, negative values as downward momentum.
No repainting. All calculations use close prices only.
If you need more ROC lines or additional features, let me know!
This custom indicator displays three Rate of Change (ROC) lines, each with independently adjustable lookback periods (default: 7, 30, and 100 days). It allows you to quickly compare short-, mid-, and long-term price momentum on the same chart.
All ROC lines show the percent change of the close price compared to N bars ago.
The color, thickness, and style (solid, dotted, dashed) of each ROC line can be customized in the settings.
A zero reference line is included and can also be customized.
Suitable for momentum analysis and identifying trend acceleration or deceleration at multiple timeframes.
Designed for easy use: simply add the indicator to your chart and adjust the settings as needed.
How to use:
Add the indicator to your chart.
Set each ROC period (e.g., 7, 30, 100 days) as desired.
Adjust colors, line widths, and styles for better visibility.
Interpret positive ROC values as upward momentum, negative values as downward momentum.
No repainting. All calculations use close prices only.
If you need more ROC lines or additional features, let me know!
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。