ROC Indicator | Rate of Change and Half Trend Combination | Superb Trading Strategy

In this video, we will explain about the ROC indicator. It can be used along with other indicators for high accuracy. The full form of ROC is rate of change. it is one kind of momentum oscillator. ROC measures the percentage change in price between the current price and the price at specified number of periods ago. In ROC indicator, the middle line is taken as zero line and the ROC keeps oscillating above and below the zero line. when the ROC moves above the zero line then it is said that the stock is in the uptrend and during this uptrend, we can get the buying signals. similarly, when the ROC moves below the zero line then it is called that the stock is in the downtrend and during this downtrend, we can get the selling signals.

ROC indicator gives very fine signals during high trending market. But it gives many false signals during the sideway market. So, in our first strategy to filter out the sideways trend, we will use the ADX indicator and for more accurate entry we will use the half trend indicator. if some condition will be fulfilled then we will make our trade set up.

In our second strategy, we will use ROC indicator with the half trend indicator and the trend lines.
#rocindicator #halftrend #forex