Rocnroll indicator

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Joined: 26 Nov 2012 12:45

Rocnroll indicator

Post by WHS BE-NL »

RocnRoll Interpretation:

The RocnRoll uses operations based on a Roc (rate of change) and exponential moving averages of different periods to generate bullish and bearish signals.

If the RocnRoll goes to 1 and stays at 1, the indicator gives a bullish signal (green histogram)If the RocnRoll becomes 2 and stays at 2, the indicator gives a bearish signal (red histogram)If the RocnRoll goes to -1 the indicator gives a signal to exit the market and stay out for the moment (blue histogram) until another bullish or bearish signal is given.
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