Last bar-over-bar return, as a fraction.
Preview
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What it measures
Price against its own value N bars ago; the one-bar form is the plain bar-over-bar return.
- Output
- A line, in percent
- Feeds
- Entry and exit rules
- Warm-up
- 2 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Rate of Change (ROC)
- Also known as
- ROC, Momentum %, Return