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MA Momentum

  • #1
  • First Post: Nov 3, 2005 6:36am Nov 3, 2005 6:36am
Hi all,

I've been trying to find an indicator that returns the ROC of a simple moving average. Is there such a thing that a standard in most charting software?

I'm just looking for a numeric value to define the slope of the MA. If the value of MA is greater than the value of the MA 'n' bars ago, then the slope is positive and reverse that obviously to get a negative value.

Clearly this could be plotted using a spread-sheet or perhaps created in a platform that allows for custom indicators to be created. I just want to make sure I'm not re-inventing the wheel before doing something like that.


Thanks,

Jonathan
  • #2
  • Nov 3, 2005 10:14am Nov 3, 2005 10:14am
Quoting jbamaj
I've been trying to find an indicator that returns the ROC of a simple moving average. Is there such a thing that a standard in most charting software?

I'm just looking for a numeric value to define the slope of the MA. If the value of MA is greater than the value of the MA 'n' bars ago, then the slope is positive and reverse that obviously to get a negative value.
Hello,

"ROC=(CP/CPn)*100
where CP=latest close price and CPn=close price n periods ago
ROC only has one parameter, n, that specifies the number of periods over which the closing prices should be compared. " - from oanda documentation on ROC

so if you want the ROC of a say 14sma, set the ROC parameter to 14 (?)...

is this correct ?

Rgds..
  • #3
  • Nov 3, 2005 2:03pm Nov 3, 2005 2:03pm
Quoting dsvt1
Hello,

"ROC=(CP/CPn)*100
where CP=latest close price and CPn=close price n periods ago
ROC only has one parameter, n, that specifies the number of periods over which the closing prices should be compared. " - from oanda documentation on ROC

so if you want the ROC of a say 14sma, set the ROC parameter to 14 (?)...

is this correct ?

Rgds..

That is what I'm after.

J
  • #4
  • Dec 11, 2005 10:42pm Dec 11, 2005 10:42pm
With an early enough reaction this could be a great entry. Have you been able to test?
  • #5
  • Dec 13, 2005 10:39am Dec 13, 2005 10:39am
Quoting nutmg12
With an early enough reaction this could be a great entry. Have you been able to test?

This wasn't something that I was thinking about in terms of that. So no, I haven't done any testing using this as an entry. Actually, the direction my mind was wandering was much like the Tunnel thread that is active in the forum right now. So I've been looking at that discussion with a great deal of interest.



Jonathan
  • #6
  • Dec 13, 2005 5:18pm Dec 13, 2005 5:18pm
Quoting dsvt1
Hello,

"ROC=(CP/CPn)*100
where CP=latest close price and CPn=close price n periods ago
ROC only has one parameter, n, that specifies the number of periods over which the closing prices should be compared. " - from oanda documentation on ROC

so if you want the ROC of a say 14sma, set the ROC parameter to 14 (?)...

is this correct ?

Rgds..
This is not the same thing! You are after:

ROC = SMA(x)/SMA(x)14 bars ago *100

You can easily do this in Wealth-Lab or Metastock but I doubt you would be able to do it on a free charting package.

Simon
  • #7
  • Aug 5, 2006 5:38pm Aug 5, 2006 5:38pm
ROC for mt4 - set for 5 periods but can be changed easily.
Old Benjamin was right
  • #8
  • Last Post: Aug 5, 2006 5:46pm Aug 5, 2006 5:46pm
Oops - perhaps I should have posted to the indicator topic...
Old Benjamin was right
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