John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Dan Duchardt who wrote (605)	3/29/2000 1:29:00 AM
From: John Pitera	Read Replies (1) of 33421

Dan, Here is a summary right from the MetaStock Pro 7 help area. John The Price Rate-Of-Change (R.O.C.) indicator (percent method) is calculated by dividing the price change over the last x-periods by the closing price of the security x-periods ago. The result is the percentage that the security's price has changed in the last x-periods. If the security's price is higher today than x-periods ago, the R.O.C. will be a positive number. If the security's price is lower today than x-periods ago, the R.O.C. will be a negative number. -----------

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