OPEN-SOURCE SCRIPT

Rate Of Change - Absolute Value

Measures the period's change in terms of the instrument's value (e.g. pip, dollar, etc) instead of as a percentage. I generally use it on a daily time frame with a period=1 to see how the current day's move compares with prior days' moves in order to gain a perspective into how this move ranks historically.
absolutechangeofRATERate of Change (ROC)ROCValue

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