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Smooth ROC Color

The Smooth Rate of Change (ROC) Color indicator, much like the Smooth Rate of Change Indicator enables you to measure the increase/decrease in momentum. But this indicator while it also removes most false signals (noise) also provides you with a directional factor by coloring uptrends green, and downtrends red.

Categories
Single Indicators
Asset Class
FuturesForex
Analysis Method
Momentum

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