Volume Rate of Change (VROC)

Description
The Volume Rate of Change (VROC) is almost exactly the same as the ROC indicator, with the exception that instead of price data, volume data (VOL) is used. A smoothing component is also applied.
Further information
​http://www.shareholder24.de/boersensoftware-wiki/pages/viewpage.action?pageId=9207904​
Usage
VROC(int period, int smooth)
VROC(IDataSeries inSeries, int period, int smooth)
VROC(int period, int smooth)[int barsAgo]
VROC(IDataSeries inSeries, int period, int smooth)[int barsAgo]
Return value
double
When using this method with an index (e.g. VROC(14,3)[int barsAgo] ), the value of the indicator will be issued for the referenced bar.
Parameters
inSeries Input data series for the indicator
period Number of bars included in the calculations
smooth Number of Bars included in the calculation for the smoothing
Visualization
Volume Rate of Change (VROC)
Example
//Output of the current value for the Volume ROC
Print("The current value for the Volume ROC is: " + VROC(14, 3)[0]);
Last modified 9mo ago