200 EMA RoC Vs Index

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This indicator calculates 200 EMA rate of Change, between today's value vs yesterday's value
I found it useful and easier to track the trend.
I added 50 SMA as additional help top calculate averages between data. if the 50 SMA crosses over it will show gray background, and red if it crosses down.
The Histogram represent Index data.
Best use for Stock Market

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ملاحظات الأخبار

makes several housekeeping task, cleaning up unnecessary comments

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ملاحظات الأخبار

add conditional calculation to check whether today's close is smaller than yesterday's
so visually easier to spot Index Movement

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ملاحظات الأخبار

housekeeping task