Understanding the Rate of Change (ROC) Indicator for MetaTrader 4

Mike 2016.02.01 18:04 45 0 0
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The Rate of Change (ROC) indicator is a handy tool that helps you track the percentage change in price for selected currency pairs over a specified time period. It visually represents this data with bars in the indicator sub-window, making it easy to spot trends at a glance.

By clicking on a bar or the name of a currency pair, you can quickly pull up the corresponding chart based on the parameters you've set. This feature makes it super convenient to analyze price movements in real-time.

ROC Indicator Screen

ROC Input Parameters

Here are a few tips for using the ROC indicator:

  • When entering the list of currency pairs, make sure to use a separator without any spaces.
  • The pairs you select in the "Market Watch" window will be updated automatically.
  • If you resize the chart window, or if a bar exceeds the subwindow's borders, the bars will automatically scale to fit.
  • If you encounter a font scaling issue while adjusting the window, try increasing or decreasing the height of the indicator sub-window.

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