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Indicators

Coppock - indicator for MetaTrader 5

Published by:
Vladimir Lyopa
Views:
4903
Rating:
(19)
Published:
2015.07.02 14:23
Updated:
2016.11.22 07:32
coppock.mq5 (4.44 KB) view
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Real author:

Edward Coppock

This indicator shows long-term opportunities for buying or selling by measuring a 10-period weighed Moving Average of the sum of two rates of change (with periods of 14 and 11). It's a classic version.

Input parameters:

  • ROC1Period (Default = 14) — period of first rate of change in the sum.
  • ROC2Period (Default = 11) — period of second rate of change in the sum.
  • MAPeriod (Default = 10) — period of Moving Average of the sum.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13141

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