vStore header

vStore is your one-stop-shop for VertexFX plugins and apps. vStore categorizes the plugins/apps to make it easier for both front-end and back-end users to reach what they need

  • Choose from hundreds of VertexFX plugins/apps
  • VertexFX API toolkit to develop plugins/apps
  • Brand and sell your own plugins

Sign Up Now

Coppock

Coppock indicator is a powerful indicator to determine the duration of the trend and the change in direction of the trend. It gives excellent signals on larger timeframes - mainly H4 and Daily charts.

The concept behind the Coppock indicator is that in trending markets, the Rate of Change(RoC) gradually rises (or falls), and when the trend ends, it tops out or bottoms out accordingly, thus providing excellent trading opportunities. The Rate of Change is calculated as the difference between the current value and its previous value, divided by the previous value. This is expressed in percentage. Coppock indicator employs Rate of Change using two moving averages, mainly a fast moving average and a slow moving average.
The logic is that when the market changes from sideways to trending, the rate of change of the fast moving average is greater than the rate of change of the slow moving average. This difference determins the direction and strength of the new trend. The greater the difference, the strong the trend.

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 when indicator has bottomed out below zero level and is rising for atleast 2 bars.

Sell: Place Sell when the indicator has topped out above zero level and is falling for atleast 2 bars.

Usage

  • Download the attachment from vStore or directly from the vStore tab in your terminal by performing a right click on it and selecting Download & Install
  • Copy it to your company VertexFX Local VTL Files folder i.e. C:\ProgramData\VertexFX Client Terminals\"Company name"\VTL10\Local VTL Scripts
  • Restart your Client Terminal or Right Click on "Local VTL Scripts" Tree Node to find the script.

Rate this product
0 vote
Favoured:
0

Listings details

Flat Monthly Fees
$0
Volume Monthly Fees
$0
Tech Support Fees
$0
Hits
5591
Rating
On
22 July 2016
Attachment (Desktop)
Compatibility

Share This!

youtube-right

Search Plugins

Try VertexFX

download-button

VertexFX for iOS Android Icon VertexFX Web Trader VertexFX eBroker Icon VertexFX Backoffice Social Trading

Community Forum

Ask, Share, Engage

Enter Forum

Project Zone

A Trader or A Developer?

Enter the Project Zone

Latest Projects

Sponsored Ad

Follow Line

Latest Plugins

Sidus Trading Robot
Sidus Trading Robot
Description: Sidus Trading Robot is an innovative VertexFX Client-Side Script that uses a strategy that employs two indicators, Relat ...
Sidus
Sidus
Description: Sidus is a simplistic VertexFX indicator that identifies trend breakouts based on Moving Averages MAs. Moving Averages ...
Tether Line
Tether Line
Description: Tether Line indicator is a VertexFX client-side indicator that uses the concept of mean distribution in statistics to id ...

Most Reviewed Plugins

VertexFX Bridge
VertexFX Bridge
Description: VertexFX Risk Management Bridge is a back end software used to connect your VertexFX system to another one for clearing an ...
VertexFX News Trader 11
VertexFX News Trader 11
Description: Never miss out news trading opportunities again! VertexFX auto News Trader for VertexFX 11 is a unique trading plugin tha ...
Butterworth 2 Pole
Butterworth 2 Pole
Description: The Two Pole Butterworth filter is a VertexFX Indicator which uses smoothing method termed as low-pass filters to reduce ...

Featured Plugins

PTL Perfect Trend Lines
PTL Perfect Trend Lines
Description: Perfect Trend Lines, PTL, is a short-term trend trading indicator. The lines showing the trend in this indicator are not ...
sRSI -Sell Relative...
sRSI -Sell Relative Strength Index
Description: sRSI (Sell Relative Strength Index) is a powerful VertexFX client-side indicator based on enhanced implementation of the ...
Percentage Channel
Percentage Channel
Description: Percentage Channel, PCC is a modified version of the Donchain channel indicator. Instead of the N day High Low range use ...

About Us

Started in 2002, Hybrid Solutions Group provides FOREX Online Trading Platform. Hybrid Solutions has adopted the latest technologies and international standards to develop its Online Trading Platform, VertexFX.

Read More

Contact us

uk16 UK: +44-2-071-936-008
australia16 Australia: +61-280-114-343
USA Flag USA: +1-845-657-3272
HongKong Flag HK: +852-8199-0933
Jordan Flag Jordan: +962-6-552-0822

Sales Chat on WhatsApp Sales Chat on WhatsApp

Send us Email

Join Our Mailing List

Expos & Awards

VertexFX Awards

Hybrid Photo Gallery

  

  

VertexFX Mobile Trader

VertexFX Mobile Trader android

VertexFX Mobile Trader iOS

VertexFX Cloud

VertexFX Cloud

Search Plugins

Latest Tweet

This website and its content are copyrights of Hybrid Solutions - © Hybrid Solutions 2002 - 2020. All rights reserved.

Disclaimer: Hybrid Solutions is the VertexFX trading platform vendor, provides technology only for the financial institutes and does not have any intervention in any financial role or in the trading cycle. Hybrid Solutions clears its responsibility from any financial institute's behavior. Choose your broker wisely and seek independent advice if necessary.

اخلاء مسؤولية: هايبرد سوليوشنز هي الشركة المزودة لبرنامج (الفيرتكس اف اكس) للتداول الالكتروني ، تزود فقط التكنولوجيا اللازمة للوسطاء ولكنها لا تتدخل بأي شكل مهما كان في عمليات التداول أو بأي دور مالي. هايبرد سوليوشنز تخلي مسؤوليتها بشكل كامل عن تصرفات الوسطاء او كل ما من شأنه أن يسبب الخسارة للمتداول ، إختر وسيطك بتأني واطلب النصيحة من المختصين بالتداول عند الحاجة.

Close