Looking Deeper into Levels of the Rate of Change Indicator

The rate of change oscillator conveys a good deal of information in and of itself, but it provides more information if the time is taken to study the market action that errated the current reading. More specifically, each day’s new rate of change indicator level actually involves two variables: the current day’s change in price [...]

Adjusting Overbought and Oversold Rate of Change Levels for Market Trend

The levels at which momentum indicators can be considered “oversold” (with the market likely to try to firm, especially during a neutral or bullish period) and “over bought” (with the market likely to at least pause in its advance, especially during i bearish or neutral period) often vary depending upon the general market climate. During [...]