Coppock Forex Trading Signals Indicator
Invented by Edward Coppock, the Coppock indicator for Metatrader 4 provides traders with easy to read buy and sell trade opportunities.
The indicator is based on rate of change (ROC) and the moving average indicator.
The figure below shows an example of the indicator on the 4-hour EUR/USD chart. Buy above 0.00 level, sell below 0.00.
Buy: Coppock indicator histogram bars above the 0.00 level.
Sell: Coppock indicator histogram bars below the 0.00 level.
Currency pairs: any
Time frames: any
Trading sessions: any
Configurable Indicator Options
Colors, ROC1 period, ROC2 period, MA period, MA type (SMA, EMA, SMMA, LWMA),…