Price Rate Of Change Indicator (ROC)

Signals: 

• In an uptrend look for the indicator reversal points below zero to go long. 
• In a downtrend look for the indicator reversal points above zero to go long. 

 Trend identification: 

• A rising ROC typically shows uptrend and crossing above zero line confirms the uptrend. 
• A falling ROC typically shows downtrend and crossing below zero line confirms the downtrend.