How to Set Coppock Curve Indicator on MetaTrader 4 Charts

Step 1: Open Navigator Window on Trading Platform

Open the Navigator panel just as shown & displayed below: Go to the 'View' menu (click on it), then select 'Navigator' panel window (click), or From Standard ToolBar click the 'Navigator' button or press key board short cut keys 'Ctrl+N'

On Navigator window, choose & select 'Indicators', (Double Click)

How to Set Coppock Curve on MT4 Platform - MT4 Coppock Curve - Coppock Curve Settings in MT4

How Do You Place Coppock Curve Indicator in the MT4 - MT4 Coppock Curve Indicator

Step 2: Expand the Indicators Menu on the Navigator - Adding Coppock Curve MT4 Indicator

Expand this menu by clicking the protract button tool function ' + ' or double-click the 'indicators' menu, after that this particular button will appear and be shown as (-) & will now display a list as is shown below - choose the Coppock Curve forex chart indicator from this list of trading indicators so as to add the Coppock Curve to the chart.

How to Set Coppock Curve Trading Indicator on Chart - Coppock Curve Settings in MT4

How Do I Set Coppock Curve - From the Above window you as a trader can then place Coppock Curve that you as a trader want on the chart

How to Set Custom Coppock Curve to MT4

If the indicator you want to add is a custom technical indicator - for example if the Coppock Curve you want to add is a custom indicator you will need to first add this custom Coppock Curve on the MT4 software & then compile custom Coppock Curve so that as the newly added Coppock Curve custom indicator pops up on the list of custom technical indicators on MetaTrader 4 software.

To learn how to install Coppock Curve indicators on MT4, how to add Coppock Curve panel to MT4 and how to add Coppock Curve custom indicator on the MT4 - How to add a custom Coppock Curve in MT4.

About Coppock Curve Tutorial Explained

Coppock Curve Technical Analysis & Coppock Curve Signals

Created and Developed by Edwin Sedgwick Coppock

This indicator was used for trading analysis of Stocks & Commodities in the beginning but was later used to trade Forex.

Coppock Curve Setting on the MT4 - How to Set Coppock Curve Indicator on MetaTrader 4 Charts

The principle behind this is the psychology of trading, based on the theory that human habit-is predictable. And the price movement always moves in a zigzag format.

The principle of adaptation levels applies to how price reacts at certain levels, stock and currency prices will react in the same way or pattern as those observed historically.

FX Analysis and Generating Signals

In Forex trading, The Moving Average is the simplest form of an adaptation-levels, the price will oscillate around the MA Moving Average. This forms the basis of this trading indicator, which's a longer-term oscillator technical indicator based on this adaptation levels(moving average), but in a different way.

Oscillators generally start by calculating a % change of the prevailing price from some previous price point, where the previous price level is the reference point (adaptation-levels).

Edwin Coppock reasoned out that the market trading participants' emotional state could be summed up an quantified by summing up the percentage(%) changes in the price over the recent past period to get an overall and general sense of the market's longer term trend momentum.

Basic signals also can be derived and generated using the Coppock Curve to trade market price reversals from the extreme price levels. Looking for divergence & trend line breaks may also be combined together to confirm the signal.

Implementation

The input levels of this technical indicator might need to be adjusted to better fit the dynamic nature of the currency markets trading.

Coppock Curve has got a zero line reference point, but this doesn't represent the adaptation levels but it's only a visual reference point only.

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