PROTECTED SOURCE SCRIPT
ROC slope indicator

I would like to present to you an indicator that I think is missing.
It is based on the ROC indicator (RATE OF CHANGE).
The ROC indicator is a measure of the rate of change in the exchange rate, as its name implies.
From which the angle of the slope of the change can be calculated. This angle is displayed on an oscillator.
The value of the oscillator can thus take max 90 and min -90 degrees as a result of the angle function calculation. Thus, the slope of the exchange rate can be continuously monitored on the indicator.
The length parameter is used to control how many candles should be included in the calculation, as is usually the case for all indicators, and a simple moving average is used to smooth the oscillator.
I added two more lines to allow monitoring of extreme high angle values.
This is a very simple indicator. I hope this approach will help you in your analysis of exchange rates and I welcome any ideas based on this oscillator.
It is based on the ROC indicator (RATE OF CHANGE).
The ROC indicator is a measure of the rate of change in the exchange rate, as its name implies.
From which the angle of the slope of the change can be calculated. This angle is displayed on an oscillator.
The value of the oscillator can thus take max 90 and min -90 degrees as a result of the angle function calculation. Thus, the slope of the exchange rate can be continuously monitored on the indicator.
The length parameter is used to control how many candles should be included in the calculation, as is usually the case for all indicators, and a simple moving average is used to smooth the oscillator.
I added two more lines to allow monitoring of extreme high angle values.
This is a very simple indicator. I hope this approach will help you in your analysis of exchange rates and I welcome any ideas based on this oscillator.
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。