Weekend Trader Smoothed Rate of Change

Rate of change indicator based on Nick Radge's Weekend Trend Trader Strategy, with an added extra of EMA smoothing if you want it.

This indicator simply turns green when the rate of change is above a certain level (value is set in threshold)

Threshold is defaulted to 30 as outlined in the strategy rules

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?