Coppock Strategy | Forex Indicator Download - MT4/MT5 Resources - MetaTrader 5 Resources
I will post the signals given by the Coppock strategy I developed.
If enough people are interested I can post the strategy as well as the code for the indicator (in CTL Language), for people who use GFT or maybe someone can program it in another language. Anyway, here's the signal:
Action on Entry Price Target
SELL NZDCAD .7189 .7106
SELL NZDJPY 78.39 77.53
BUY USDCAD 1.0580 106.52
Sell USD/CHF 1.2010 1.1953
Sell Canadian Dollar Japanese Yen 108.81 108.39
SELL NZDCHF .8211 .8159
SELL NZDUSD .6823 .6744
Sell USD JPY 114.69 114.04
SELL CAD 1.1400 1.1332
A target is an area where you can exit all or part of a position. I wouldn't place a stop loss as everyone's risk tolerance is different, but your stop loss should not be more than 100-150 pips.
This is a swing trading system.
After backtesting for about 3-4 years the data on my GFT charts I can see that this systems works around 80% of the time, sometimes more on most pairs.
I will post results.
If enough people are interested I can post the strategy as well as the code for the indicator (in CTL Language), for people who use GFT or maybe someone can program it in another language. Anyway, here's the signal:
Action on Entry Price Target
SELL NZDCAD .7189 .7106
SELL NZDJPY 78.39 77.53
BUY USDCAD 1.0580 106.52
Sell USD/CHF 1.2010 1.1953
Sell Canadian Dollar Japanese Yen 108.81 108.39
SELL NZDCHF .8211 .8159
SELL NZDUSD .6823 .6744
Sell USD JPY 114.69 114.04
SELL CAD 1.1400 1.1332
A target is an area where you can exit all or part of a position. I wouldn't place a stop loss as everyone's risk tolerance is different, but your stop loss should not be more than 100-150 pips.
This is a swing trading system.
After backtesting for about 3-4 years the data on my GFT charts I can see that this systems works around 80% of the time, sometimes more on most pairs.
I will post results.
📦 Summary of post attachments (9)
Below are all the files (9) shared in the reply.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •