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The momentum oscillator is calculated by taking the most recent closing pricem subtracting

The momentum oscillator is calculated by taking the most recent closing pricem subtracting

The momentum oscillator is calculated by taking the most recent closing pricem subtracting the closing price from a prior date that is a set number of days in the past, and multiplying the result by 100.

Please explain why when the ROC oscillator crosses into positive territory during an uptrend, it is a buy signal, and when it enters into negative territory during a downtrend, it is considered a sell signal.

Abhinav 02-Dec-2019

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