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Oscillator Coppock for Amibroker (AFL)
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5 / 5 (Votes 1)
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The Coppock Oscillators show a meter.
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Indicator / Formula
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_SECTION_BEGIN("Coppock");
/*
Coppock based on original formula of Coppock.
Mov(ROC(C,14,%) + ROC(C,11,%)10;
AFL by Bill Dodd
*/
GraphXSpace=1;
Param("EMA",10,2,100,1,0);
r1=ROC(C,14);
r2=ROC(C,11);
C=EMA((r1+r2),10);
Plot(IIf(C>0 AND ROC(C,1)>0,C,0),"",42,6); /* uptrend */
Plot(IIf(C>0 AND ROC(C,1)<0,C,0),"",32,6); /* up sideways */
Plot(IIf(C<0 AND ROC(C,1)>0,C,0),"",49,6); /* down sideways */
Plot(IIf(C<0 AND ROC(C,1)<0,C,0),"",29,6); /* down trend */
/*
dynamic_color = IIf (C >0, colorRed, colorGreen );
Plot(C,"", dynamic_color ,styleHistogram | styleThick );*/
_SECTION_END(); 1 comments
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