Volume Rate of Change (VROC) Stock Screener

The Volume Rate of Change indicator measures changes in trading volume; it assists in confirming trends, spotting possible reversals, and issuing early alerts based on volume analysis; it equips traders to make well-informed decisions and manage risks effectively

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This post focuses on customizable Volume Rate of Change (VRoC) factory scans, which can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.

Display Volume Rate of Change (VROC) Values

Tags: volume rate of change screener, volume rate of change indicator, volume rate of change formula

List symbols
Add Column VROC(12) chart
Apply to NSE

The scan computes and shows the Volume Rate of Change (VROC) values over a 12-period duration for all symbols in the NSE.

Spurt in Volume Rate of Change (VROC) Momentum

Tags: volume rate of change screener, volume rate of change indicator, volume rate of change formula

List symbols where VROC(20) > AvgValue(VROC(20))*3
Add Column VROC(20) chart
Apply to NSE

This scan is designed to identify instances where the VROC (Volume Rate of Change) is at least 3 times higher than its historical average. In simpler terms, it aims to detect a sudden surge in VROC, which could suggest a potential increase in momentum.

For comprehensive insights into the Volume Rate of Change (VRoC), including its calculation methodology, effective utilization in trading, as well as an exploration of its advantages and limitations as an indicator, click here.

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