VROC EAs, indis, scripts & libraries

Volume Rate of Change (VROC) – indicator MetaTrader 5

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Volume Rate of Change indicator
Volume Rate of Change (VROC) is an indicator of the direction where the volume trend moves. Its idea lies in the fact that almost all important graphical formations (peaks, bottoms, breaches, etc.) are accompanied by a dramatic increase of trade volume. The indicator is the difference between current bar volume and the volume n periods

VROC – indicator MetaTrader 5

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Figure 1. The VROC indicator
Real author: MetaQuotes Virtually all important graphic patterns (tops, bottoms, breakthroughs, etc.) are accompanied by a sharp increase in trading volume. The speed indicator of volume change. It shows how quickly the volume changes. This indicator was first implemented in MQL4 and published in CodeBase on 08.02.2007. Figure 1. The VROC indicator VROC – indicator