ROCR100 (Rate of Change Ratio 100)

Indicator Description

ROCR100 (Rate of Change Ratio 100) is a variant of the ROCR indicator that measures price momentum by calculating the ratio between the current price and the price n periods ago and multiplying it by 100, but uses a different calculation method.

Function Information

• Function Name: ROCR100
• Input Parameters:
  • Close: Closing price
• Parameter Settings:
  • timeperiod: Calculation period, default 10
• Output: ROCR100 value

Calculation Principle

ROCR100 is calculated using the following formula:

ROCR100 = (Current Close / Close[n]) * 100

Where:

• Current Close is the current closing price
• Close[n] is the closing price n periods ago

Usage Scenarios

1. Momentum Analysis
2. Trend Confirmation
3. Trading Signal Generation
4. Market State Analysis

Usage Recommendations

1. ROCR100 > 100 indicates upward momentum
2. ROCR100 < 100 indicates downward momentum
3. Watch for 100-line crossovers
4. Pay attention to market environment changes