Syntax
Public Function PriceROC(chart_ID As Long, applyTo As ENUM_APPLIED_PRICE, period As Integer) As String
Description
The Price ROC shows the difference between the current price and the price one or more periods in the past.
A 12-day Price ROC is most often used as an overbought/oversold indicator.
Parameters
Key | Description |
chart_ID | Chart identifier, 0 is the current chart ,value of type Long |
applyTo | Applied price , can be one of the ENUM_APPLIED_PRICE. |
period | The calculation period, on which the indicator will be calculated, value of type Integer. |
Return value
Returns the handles of a technical indicator, in case of failure returns an empty string.
Sample
Public Sub main()AlertMessage (PriceROC(0,price_close,12)) 'Draws the indicator on chart and shows a message box with the indicator name.End Sub
See Also