Asymmetrical RSI is an indicator that computes a custom relative strength index from the rate of change of a user-selected source. It plots the resulting ARSI line in a separate pane with color coding that turns green above the overbought level and red below t
Indicator · Pine Script v6 · Own pane
Rate of Change Percentage (ROC)
The ROC indicator calculates the percentage change in price from the current bar to N bars ago.
GitHub stars99on the repository
Pine versionv6current
Lines of code30
Settings2inputs
LicenceApache-2.0
Last update4 weeks ago27 Sep 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
30 lines of Pine Script v6 from lib/momentum/roc/roc.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
// Licensed under the Apache License, Version 2.0
// © mihakralj
//@version=6
indicator("Rate of Change Percentage (ROC)", "ROC", overlay=false)
//@function Calculates percentage Rate of Change between current price and N periods ago
//@param source Source price series
//@param length Lookback period
//@returns Percentage price change value
roc(series float source, simple int length)=>
if length<=0
runtime.error("Length must be greater than 0")
var int count = 0
float change = na
if not na(source[count]) and source[count] != 0
change := 100 * (source - source[count]) / source[count]
count := math.min(count + 1, length)
change
// ---------- Main loop ----------
// Inputs
i_source = input.source(close, "Source")
i_length = input.int(9, "Length", minval=1)
// Calculate ROC
float roc_val = roc(i_source, i_length)
// Plot
plot(roc_val, "ROC", color=color.yellow, linewidth=2)
Overview
Rate of Change Percentage (ROC) draws the resulting values in a separate pane on the chart. The main setting allows selection of a price source such as close and a length parameter that controls the lookback period. No entry or exit signals are provided since it is an indicator rather than a strategy.
- Rate of Change
- Percentage
- Momentum
- Separate pane
- Lookback length
Details
Published by
mihakralj on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
algorithmic-tradingcsharpdotnetpinescriptpythonquantitative-financesimdta-libtechnical-analysistechnical-indicators
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Source | source | close | i_source |
| Length | int | 9 | i_length |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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