budandann
14 posts
msg #97208
- Ignore budandann |
10/26/2010 8:42:10 PM
I am using ROC(13) in a stockfetcher filter. I use Thinkorswim for my charting and it has an ROC(13) but it calculates a different value than the one in Stockfetcher. The Thinkorswin indicator only gives me the choice of 1 parameter, that is, for example, 13. The Stockfetcher ROC() also accepts 1 parameter, ROC(13), but it also accepts 2 parameters, ROC(13,13), and both forms calculate the same value. I checked out the smROC(13,13) but it calculates an entirely different value than any of the ROC() indicators.
It appears that Stockfetcher is using some sort of ROC(13,13) but I can't find any definition of what and how the second parameter is being used.
Can anyone help me please?
|
four
5,087 posts
msg #97215
- Ignore four |
10/27/2010 10:51:52 AM
This measure also supports an optional period that is used for a smoothed version of the ROC.
http://forums.stockfetcher.com/sfforums/?q=view&fid=1006&tid=125&qrid=&isiframe=
so... a value to smooth?
|
budandann
14 posts
msg #97217
- Ignore budandann |
10/27/2010 11:44:29 AM
Thanks for the reply Four.
Actually, the link you provided referenced a volume ROC which does seem to provide for a 2nd, smoothing parameter.
It is still a bit puzzling that the plain, price ROC doesn't show up in the Indicators and Measures list in Stockfetcher.
ROC(13) returns the same value as ROC(13,x) where x is any integer in Stockfetcher but this is still a different value than I get for ROC(13) on the Thinkorswim chart.
|
four
5,087 posts
msg #97218
- Ignore four
modified |
10/27/2010 12:15:15 PM
more info...
http://yepher.com/stockfetcher/command.html
-----------
http://help.yahoo.com/l/us/yahoo/finance/charts/chart-12.html
-----------
http://www.marketvolume.com/technicalanalysis/roc.asp
----------
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:introduction_to_tech
|
budandann
14 posts
msg #97220
- Ignore budandann
modified |
10/27/2010 5:29:50 PM
Thanks again, four, for the help.
|
four
5,087 posts
msg #97236
- Ignore four |
10/28/2010 8:36:09 PM
welcome
|