Coppock - VertexFX Indicator

[sidrazafar]

The Coppock indicator is a powerful VertexFX client side VTL indicator to determine the duration of the trend and the change in direction of the trend. It gives excellent signals on larger timeframes - namely H4 and Daily charts.
The concept behind the Coppock indicator is that in trending markets, the rate of change ****ually rises (or falls), and when the trend ends, it tops out or bottoms out accordingly, thus providing excellent trading opportunities.
In the first step we calculate the moving averages of the closing price for R1_PERIOD and R1_MODE, and R2_PERIOD and R2_MODE. The rate of change is calculated for each mode (R1 and R2), between the current moving average and the value R1_PERIOD and R2_PERIOD ago respectively. This value is converted to percentage if USE_PERCENT is set to true, or in points. Finally the sum of the both rates of change is calculated. The Coppock indicator is the moving average over MA_PERIOD of this sum.
BUY - Place Buy position when the indicator has bottomed out below zero level and is rising for at least 2 bars.

SELL - Place Sell position when the indicator has topped out above zero level and is falling for at least 2 bars.

[neil92]

bhai ji forum ka yehi sabse bada faida hota hai,esme trader ko kaafi indicator aur system miljaate hai,jisse trader esme ache se kaam kar paata hai,esme trader ko ache se pehle market me sabb samajhkar he chalna chahiye..

Haan bhai ji forum best place hai yaha aap ko bahut se indicators aur system mil jaate hai bahut se trader yaha indicators aur system share karte rehte hai aap ko forum se kaafi help mil jaati hai bhai ji.

[fxearner]

dear friedn is say pehlay main is indicators k baray main nahian ajnata tha k yeh ksi tera ka indicator hai and hum i ssay kaisay faida ahsil ker skatay hian ap ki is explaination and is chart k zariyeh explanaiantion say mujay bohaay faida ahsil hua haai.

bhai ji forum ka yehi sabse bada faida hota hai,esme trader ko kaafi indicator aur system miljaate hai,jisse trader esme ache se kaam kar paata hai,esme trader ko ache se pehle market me sabb samajhkar he chalna chahiye..

[javed415]

dear friedn is say pehlay main is indicators k baray main nahian ajnata tha k yeh ksi tera ka indicator hai and hum i ssay kaisay faida ahsil ker skatay hian ap ki is explaination and is chart k zariyeh explanaiantion say mujay bohaay faida ahsil hua haai.

[fxearner]

bhai ji mene aapka pdf file download karliya hai,aapko esme aur ache se abhi batana chahiye kyunki esme signal kaise lena hai ye smaajh nahi aara hai,fir bhi mai esko demo par use karke apna result aapko batatanga..

[aladdine]

i think using it well help me to avoid loosing specially i'm beginner!! i would love to stay in the line with you brother thank you for helping us and keep the good work and share with us informations like this because we really need this to avoid losing money in forex thank you so much any way

[NCDindia]

The Coppock indicator is a powerful VertexFX client side VTL indicator to determine the duration of the trend and the change in direction of the trend. It gives excellent signals on larger timeframes - namely H4 and Daily charts.
The concept behind the Coppock indicator is that in trending markets, the rate of change ****ually rises (or falls), and when the trend ends, it tops out or bottoms out accordingly, thus providing excellent trading opportunities.
In the first step we calculate the moving averages of the closing price for R1_PERIOD and R1_MODE, and R2_PERIOD and R2_MODE. The rate of change is calculated for each mode (R1 and R2), between the current moving average and the value R1_PERIOD and R2_PERIOD ago respectively. This value is converted to percentage if USE_PERCENT is set to true, or in points. Finally the sum of the both rates of change is calculated. The Coppock indicator is the moving average over MA_PERIOD of this sum.
BUY - Place Buy position when the indicator has bottomed out below zero level and is rising for at least 2 bars.

SELL - Place Sell position when the indicator has topped out above zero level and is falling for at least 2 bars.