Hey there, fellow traders! If you’ve been in the game for a while, you know that significant moves on your charts—like peaks, troughs, and breakouts—are often accompanied by a surge in trading volume. This is where the Volume Rate of Change (VROC) comes into play. It’s a handy indicator that shows just how fast the trading volume is shifting.
The VROC helps you gauge market momentum. For instance, when you see a rapid increase in volume, it often signals that a price move is gaining strength. This can be a golden opportunity to jump in or adjust your strategy accordingly.
So, keep an eye on the VROC next time you analyze your charts. It could provide the edge you need to make informed trading decisions!
Comments 0