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In addition, you should also have some idea about how you plan to take profits and a strategy for letting your profits run.
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Coppock Curve - CCT II

Formula for: MetaStock

indicator


 

 

Views:  1298

Added: June 16, 2007
 
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Tags: MetaStock, indicator
 
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Code:

Coppock Curve - CCT II
PK:=(ROC(CLOSE,14,percent )*10 + ROC(CLOSE,11,percent)*10 +
ROC(Ref(CLOSE,-1),14,percent)*9 + ROC(Ref(CLOSE,-1),11,percent)*9 +
ROC(Ref(CLOSE,-2),14,percent)*8 + ROC(Ref(CLOSE,-2),11,percent)*8 +
ROC(Ref(CLOSE,-3),14,percent)*7 + ROC(Ref(CLOSE,-3),11,percent)*7 +
ROC(Ref(CLOSE,-4),14,percent)*6 + ROC(Ref(CLOSE,-4),11,percent)*6 +
ROC(Ref(CLOSE,-5),14,percent)*5 + ROC(Ref(CLOSE,-5),11,percent)*5 +
ROC(Ref(CLOSE,-6),14,percent)*4 + ROC(Ref(CLOSE,-6),11,percent)*4 +
ROC(Ref(CLOSE,-7),14,percent)*3 + ROC(Ref(CLOSE,-7),11,percent)*3 +
ROC(Ref(CLOSE,-8),14,percent)*2 + ROC(Ref(CLOSE,-8),11,percent)*2 +
ROC(Ref(CLOSE,-9),14,percent) + ROC(Ref(CLOSE,-9),11,percent))/2;
Per1:=30;
MN:=Mov(Pk,Per1,S);
SD:=Stdev(Pk,Per1);
Val1:=If(MN+(1.33*SD)>2.08,MN+(1.33*SD),2.08);
Val2:=If(MN-(1.33*SD)<-1.92,MN-(1.33*SD),-1.92);
LN:=If(Ref(Pk,-1)>=0 AND Pk>0,Val1,If(Ref(Pk,-1)<=0 AND Pk<0,Val2,0));

Zielony:=If(PK>Ref(PK,-1),PK,0);
Czerwony:=If(PK<Ref(PK,-1),PK,0);
Sygnal:=Mov(PK,5,S);
LN;
Sygnal;
Zielony;
Czerwony;


 





Source: news.wgpw.pl

 

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