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ROC up signals

The indicator generates 3 main up signals:

– Continuation of the uptrend. An uptrend has formed on the chart, and the rate of change line has crossed the zero level from the bottom up and is growing up.

– Trend reversal. To get this signal, you need to build overbought and oversold levels.

The signal to open a trade will be the exit of the ROC line from the oversold zone. This is a situation when the indicator begins to grow under the oversold level, crosses it from the bottom up and continues to go up.