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]);