Hi,
Thats ROC, or might be not the exactly ROC, I used Close[current] - Close[ROC bars back] calculation for it....
Anyway... its "ROC" smoothed with additional "ROC" smoothed inversed.
Attachments forums
Re: Velocity, Momentum & ROC Indicators for MT4
Csj179t, Wed Sep 29, 2021 8:18 am
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- ROCsmooth&inverse ( arrows & alerts & MTF).mq4
- (9.9 KiB) Downloaded 282 times