Coppock Indicator

[Apprentice]

Coppock Indicator

The Coppock formula was introduced in Barron's Magazine in 1962 by Edwin Sedgwick Coppock.

A bull market is signaled when the Coppock Indicator turns up from below zero.
No sell signals are generated (it is not designed for that).
However there are some systems using Coppock sell signals.

Formula for calculating Coppock
Coppock[period] = LWMA (ROC[short]+ROC[long])

Coppock.lua

Coppock Indicator

(2.5 KiB) Downloaded 1190 times

Coppock ROC = Coppock - Coppock N Period ago

Coppock ROC.lua

(4.72 KiB) Downloaded 680 times

The indicator was revised and updated

[jeffjeffz]

Thanks!

[davetherave110179]

Hi Apprentice,

Could you add a colour change to this indicator:
When coppock is below zero the fill colour is red.
When coppock is above zero the fill colour is green.

Many thanks,
davetherave110179

[Apprentice]

I made a minor modification.
I used the Bar, instead of Line.

Coppock.lua

Bar Version

(2.65 KiB) Downloaded 958 times

[Alexander.Gettinger]

MQL4 version of Coppock indicator: viewtopic.php?f=38&t=60491.

[nookie]

Hello, can a slight modification be added, rate of change (customizable) that can measure speed of the coppock curve change, not sure exactly what values though, lets say

if (period 3 - period 2 = 0.0231 * 1000) > (period 2 - period 1 = 0.0155 * 1000)
then print colour bar (explanation 23.1 - 15.5 = 7.6)

if < than 5 print 0


I am not sure on the values so this can be open values for a test.

thanks!
nookie

[Apprentice]

Something like Bar version from second post.

[nookie]

Exactly, as a hint, this is a similar indicator, but I am not sure from where to feed data... :

ADX roc oscillator

viewtopic.php?f=17&t=7485&p=97236&hilit=adx+roc#p97236

[Apprentice]

Coppock ROC introduced

[nookie]

Redownloaded and values now are different, but still wrong, if we use the same example from 19 03 and 20 03 now Coppock ROC for 20 03 is -7.93584 which is way different than needed difference of Coppock from 20 03 - Coppock from 19 03