MomentumMetaTrader 5 • MQL5
Rate of Change (ROC) Indicator for MetaTrader 5
Percentage rate of price change with divergence detection
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About This Indicator
The Rate of Change indicator measures the percentage change in price over a defined lookback period, making it directly comparable across different price scales. Includes divergence detection and overbought/oversold reference lines.
Key Features
- ROC as percentage change
- Overbought and oversold reference zones
- Divergence detection with price
- Alert on extreme ROC readings
- Configurable period and applied price
Frequently Asked Questions
What is the difference between ROC and Momentum?
ROC expresses change as a percentage while Momentum uses absolute values, making ROC more useful for comparing across instruments.
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