The Rate of Change indicator (ROC) is a momentum oscillator. It calculates the percent change in price between periods. ROC takes the current price and compares it to a price "n" periods (user defined) ago. The calculated value is then plotted and fluctuates above and below a Zero Line. A technical analyst may use Rate of Change (ROC) for; trend identification, and identifying overbought and oversold conditions.
This year I am focusing on learning from two of the best mentors in the Industry with outstanding track records for Creating Systems, and learning the what methods actually work as far as back testing.
I came across the RSI-2 system that Larry Connors developed. Larry has become famous for his technical ...
I introduced this FISHER -TRIX system on the chat message board some time ago. A few traders are using it so I thought it would be a good idea to share it with all the members. The basic price trend up is when the FISHER and or the TRIX 10&14 are above mid point and down when they are below mid point. But if we ...
On the H4 there is a reversal pattern (double top), so I will sell below 0,7113 level. There is also a strong signal for sell on the D1. My idea on D1 is here: https://consiliuminvest.com/traders/246-david-connor/ideas?idea=3923-nice-place-for-shorts
1-WEEKLY POSITIVE DIVERGENCE WITH RSI STOCATIC.
2- VANECK VECTORS GOLD MINERS ETF SIDE WAYS.
3-DXY CLOSING NEAR THREE WEEK LOW AFTER BREAKING OUT.
4-PRICE OSCILLATOR OVER SOLD.
GOOD LUCK AND THANK YOU FOR YOUR SUPPORT
As you can see, on the H1 interval, there is a descending triangle pattern, so I will go short, below 1,4126 level. See more ideas on Consilium Invest: https://en.consiliuminvest.com/traders/246-david-connor/ideas
This updated version of iROC replaces the previous version which is labeled simply "calculus".
Thanks to Dr Richard P, Feynman . You might enjoy his classic 1961 Cal Tech lectures on Physics too, available for free on line.
Has also surpassed Dollar peak in Q4 2015 before reload. Keep an eye on YoY% change; decisive pivot to positive rate-of-change consistent with Dollar take-off in 2014.
From U.S. Election = 8.73% upside to GFC high. Channel-bound for now.
when you simply must be the first to know
Great HFT momentum algo.
Doing some derivatives 4 u.
Tell your kids not to sleep through math class and please see my other free indicators and strategies.
T A R Z A N
Expect KMI to drop a minimum of 1% over the next 13 trading days. In reality, the drop could be as much as 5-6%.
Historically when KMI ROC (14) is above 9.8853, the stock always retreats a minimum of 1%. The trend and recently similar overbought readings support a 5% drop.
Bullish Kicker on daily chart trading close to 52 week low on high volume with Connors RSI(2) overbought at 94. Also was some big buys and an insider buy. I got in at 25.92
ADX is >30, TSI cross and above zero, and it closed above the 60sma.
Also a case can be made for the formation of an intermediate impulse ...
LOOKING TO SHORT TO FAN SUPPORT PLEASE REFER TO MY PREVIOUS CHART (LINKED) WHY I THINK WE WILL HAVE AN 80% RETRACEMENT
CURRENT PRICE ACTION LOOKS TO BE IN A TRIANGLE THAT MAY BE READY TO BREAKOUT GOLD STILL LOOKS VERY BEARISH TO ME ESPECIALLY COMING INTO ELECTIONS AND RATE HIKES SO I WILL BE LOOKING TO SHORT. ...
Price is at a key longterm resistance area, confirmed by confluence with Pivots R1 and R2. A spinning top / Doji is completing on daily Chart. Doji and spinning tops ordinarily are considered signals for indecision. However in this case, it occurs at key resistance area, there has been a tag of upper Bollinger ...
Taking the focus off of the monthly support and economic points to support the dollar, I turn to the weekly to measure the volume and its rate of change to find support for continuing to hold on to this quarterly position in USDJPY. Of course, I am in and out of smaller positions in the same direction as the ...
Trend is down - Price has just pulled back but failed to exceed high of 9-2. Bearish Engulfing pattern engulfs two days of price action, and has tagged upper Bollinger Band. Stochastic has turned down and signal line has crossed as well. Finally my new "confirmation filter" the Connors 2 period RSI has exceeded the ...
Trend is down, and price has tested this resistance area five times, and did not make a new high as indicated by our Zig Zag. Evening star is forming on daily chart, and we have a tag of the upper Bollinger Band. Checking 4h chart shows several bearish candle reversals - most recently Falling Three Crows, and ...