Rav's Office, page-1521

Hi @basiac

Just Tagging you here to avoid overlapping the DayTrade threads.

It's a misnomer using the SROC for the scan (in it's present form) in the HC forum, but I've done it this way
simply because I have various other versions of the scan that I have played with over the years personally.

The SROC that's used in this scan is only a 1 day and 1 smoothing period.
You could simply not use the SROC at all, and instead use...
Price Percentage change over 1 bar is equal to, or greater than 5%
it will give the same results.

The original variables of the SROC indicator, first calculates a 13-day exponential moving average of closing price. (smoothing of the Price).
Then we calculate a 21-day Rate of Change of that exponential moving average. (Rate of change... of the smoothed price).

Cheers.