Knowledgebase:
PriceROC
Posted by Mohammad Rahhal, Last modified by Rawan Al Hourani on 19 June 2016 09:55 AM

Syntax

Public Function PriceROC(chart_ID As Long, applyTo As ENUM_APPLIED_PRICE, period As Integer) As String

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


Back to VTL Client Script Index

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