Rate Of Change With Bands by Vitali Apirine
Here, we introduce a type of trading band you can use on your charts. These bands are based on the rate-of-change oscillator.
The rate-of-change (ROC) indicator is a momentum oscillator that measures the percent change in price from one period to the next. An oscillator fluctuates above and below the zero line. ROC bands show the upper and lower limits of rate of change. This article will focus on overbought and oversold levels ...