The Volume Rate of Change (VROC) is a key indicator that helps traders gauge the direction of volume trends in the market.
The concept behind VROC is straightforward: significant price movements—like peaks, bottoms, and breakouts—are often accompanied by noticeable spikes in trading volume. This makes VROC an invaluable tool in your trading arsenal.
Essentially, VROC calculates the difference between the current bar's volume and the volume from a set number of periods ago (let's call it
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