A custom indicator for the Quantower trading platform that combines RSI with the Rate of Change (ROC) of RSI itself, plus an acceleration/deceleration histogram styled after TradingView.
Standard RSI tells you "am I overbought / oversold." This adds a second layer that asks "is RSI itself accelerating or decelerating, and in which direction?" Useful for catching momentum shifts before price confirms.
The histogram colors three states:
- Green — RSI is accelerating
- Red — RSI is decelerating
- Gray — flat (within a configurable epsilon)
| Parameter | Default | Notes |
|---|---|---|
| RSI Length | 14 | Standard RSI period |
| ROC Length | 10 | Lookback for rate of change |
| Acceleration Threshold | 0.0 | Minimum positive RoC to count as "accelerating" |
| Deceleration Threshold | 0.0 | Maximum negative RoC to count as "decelerating" |
| Flat Epsilon | 0.05 | Dead zone around zero |
Open RSIRoC.sln in Visual Studio (or dotnet build from the project folder). Drop the resulting DLL into your Quantower Settings\Scripts\Indicators folder.
C# / .NET, Quantower BusinessLayer SDK.