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TradingSolutions Function Library

  Change in Value [Change]  
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The Change in Value function calculates the amount by which a field has changed over a given period of time.

Parameters
------------------
Data            The data to use in the calculation. This is typically a field in a data series or a calculated value.
Period          The number of bars of data to include in the calculation, not including the current day.
                    For example, a period of 3 compares the current day with the value three bars ago.

Function Value
------------------------
This function returns the amount by which the data has changed over the given period.

The Change in Value at the beginning of a data series is not defined until there are enough values to fill the given period.

Close     Change(Close,2)
----------------------------------------
   2
   3
   4                   2
   6                   3
   6                   2
   6                   0

Usage
-----------
Change in Value is often referred to as Rate-of-Change (ROC). See the description of that function for suggestions on the use of this function as an indicator.

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