Coppock indicator for MT4


The Coppock indicator is the implementation of the famous Coppock curve indicator which was first established by Edward Coppock in 1962.

 

This indicator shows you long-term for buying or selling - originally only for buying - by measuring a 10-period weighed Moving Average of the sum of two rates of change (with periods of 14 and 11). It is the classic version where you can change the variables of the basic indicators.

 

Input Parameters:

  • ROC1Period (default = 14) - stands for the period of first rate of change in the sum.
  • ROC2Period (default = 11) - stands for the period of second rate of change in the sum.
  • MAPeriod (default = 10) - stands for the period of Moving Average of the sum.
  • MAType (default = 3 (WMA)) - stands for the method of the moving average of the sum. We advise you not to change these variables.

You can download the indicator here: https://www.mql5.com/en/code/13140