In this part of my series Implementing Technical Indicators I provide you with the R implementation of another technical indicator. Please refer to my article Technical Indicators: An Introduction for an overview of the concept of technical indicators and for details on the particular one presented in this article.
For an implementation of the rate of change (ROC) please see the R code below. The function ROC
calculates the indicator values, which may afterwards be plotted with help of the function plotROC
. Note that both function use tools introduced in my article Implementing Technical Indicators: Tools.
#
# RATE OF CHANGE
#
source("Indicators/IndicatorHelperFunctions.R")
source("Indicators/IndicatorPlottingFunctions.R")
# indicator calculation
ROC = function(v_values, i_lag)
{
checkWindow(v_values, i_lag)
i_length = length(v_values)
v_roc = rep(0, i_length)
v_roc[1] = 0
for (i in 2 : i_length) {
if (i <= i_lag) {
v_roc[i] = v_values[i] / v_values[1] - 1
} else {
v_roc[i] = v_values[i] / v_values[i-i_lag] - 1
}
}
df_roc = data.frame(v_roc, v_values)
colnames(df_roc) = c("ROC", "Price")
return(df_roc)
}
# indicator plotting
plotROC = function(v_date, df_roc, s_path)
{
isDataFrame(df_roc)
dateMatch(v_date, df_roc)
v_colors = c("black", "blue")
v_legend = c("ROC", "Price")
plotIndicator2(v_date, df_roc$ROC, data.frame(df_roc[, -1]), v_colors, v_legend, s_path)
}