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MastersOfTrading
Jul 27, 2020 11:12 PM

MoT - [Analyst +] - Advanced Rate of Change 

Australian Dollar/New Zealand DollarFXCM

Description

**THE INDICATOR**

The Advanced Rate of Change (ROC) is a variation of the Rate of Change indicator where this plots a moving average of the Rate of Change and also plots high and low bands to help spot divergence between the indicator and the price.


**THE CHART**

AUDNZD on the 4HR Time Frame


**ON THE CHART INDICATORS**

- In the Top Panel we have this Indicator, the Advanced Rate of Change.

- Below the chart we have our Compare Candles which are set to show AUDUSD on the current time frame with "normal candles" plotted. This gives you the opportunity to also see how the Aussie is fairing against the USD at the same time.

- In the Bottom Panel we have the Advanced Average True Range Indicator


**MASTERS OF TRADING**

Many Thanks and Trade Safe!

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