ROC2_VG
Info
The ROC2_VG is a Indicator for MetaTrader 5 that plotting roc indicators of two arbitrary types (including momentum) and periods in a single window. Indicator calculation equations:Mom = (price - prevPrice) [Momentum];ROC = ((price/prevPrice)-1)*100 [Rate of Change];ROCP = (price-prevPrice)/prevPrice [Rate of Change Percentage];ROCR = (price/prevPrice) [Rate of Change Ratio];ROCR100 = (price/prevPrice)*100 [Rate of Change Ratio 100 Scale].
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use ROC2_VG
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
Plotting ROC indicators of two arbitrary types (including momentum) and periods in a single window.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: ROC2 VG HT F - another powerful indicator for MetaTrader 5 traders.
Plotting ROC indicators of two arbitrary types (including momentum) and periods in a single window.Indicator calculation equations:
Also recommended: XROC2_VG: Dual ROC Indicator with Averaging Filter - similar indicator with strong performance on MetaTrader 5.
Mom = (price - prevPrice) [Momentum];
ROC = ((price/prevPrice)-1)*100 [Rate of Change];
ROCP = (price-prevPrice)/prevPrice [Rate of Change Percentage];
ROCR = (price/prevPrice) [Rate of Change Ratio];
ROCR100 = (price/prevPrice)*100 [Rate of Change Ratio 100 Scale].
This indicator was first implemented in MQL4 and published on 28.03.2026.
Fig.1. ROC2_VG
You may also like: SSL2 Indicator - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_plots 1
#property indicator_type1 draw_filling
#property indicator_color1 clrforestgreen,clrorangered
#define reset 0 //
enum enum_type.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.