Rate Of Change From Start

The Rate Of Change From Start (ROCFS) was authored by Omega Research, 1996. The ROCFS uses the first price and the current price to create its value. The user may change only the input (close). This indicator’s definition is further expressed in the condensed code given in the calculation below.

Rate Of Change From Start

How To Trade Using Rate Of Change From Start

No trading signals are calculated for this indicator.

How To Access in MotiveWave

Go to the top menu, choose Add Study, start typing in this study name until you see it appear in the list, click on the study name, click OK.

Important Disclaimer: The information provided on this page is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. Please see our Risk Disclosure and Performance Disclaimer Statement.

Calculation

//input = price, user defined, default is closing price
//index = current bar number

if (index == 0)
    firstP = price;
endIf
Plot: rocfs = (price * 100) / firstP - 100;