Coppock MT4 Indicator - MetaTrader 4 Script | Forex Indicator Download - MetaTrader 4 Resource
Coppock MetaTrader Indicator — is an implementation of the famous Coppock Curve indicator first created by Edward Coppock in 1962. This indicator shows long-term buying and selling opportunities (usually used only for buying) by measuring a weighted moving average (period 10) of the sum of two rates of change (period 14 and 11). This is the classic version. In this MetaTrader version you can modify the parameters of basic indicators. You can use this Coppock indicator in MT4 and MT5.
The main strategy when trading with the Coppock indicator is to buy when the curve starts rising from the troughs below zero and sell when the curve starts falling from the tops above zero. Small tops and troughs (compared to the surroundings) are ignored. This indicator helps capture trends in the early stages. But don't expect to use it to enter actual maximum and minimum values.
Attachment download
📎coppock.mq4 (6.16 KB)
Source: MQL5 #55370
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