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ROC Momentum Indicator

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It was proposed by Martin Pring in his book, Martin Pring on Market Momentum. The objective of this indicator is to exhibit Complex Divergences ( which by the way, are different from Regular and Hidden or Reverse Divergences). Whenever the two lines move away from each other, or towards each other, that is what Complex Divergence would be. Again it is meant to be used with RSI(14). This indicator provides aconfirmation for Failure Swings and BAMM patterns in RSI(14). If you know RSI(14), it would be love at first divergence. Thank you.

Penafian

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