Coppock - MetaTrader 5 Script - MQL5 #13141 - MT4/MT5 Resources
This indicator shows long-term buying or selling opportunities by measuring a 10-period weighted moving average as the sum of two rates of change (periods 14 and 11). This is a classic version.
Input parameters:
Attachment download
📎coppock.mq5 (4.44 KB)
Source: MQL5 #13141
Coppock - MetaTrader 5 Script - MQL5 #13141 Usage and Filtering Advice
Coppock - MetaTrader 5 Script - MQL5 #13141 is a resource related to foreign exchange indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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