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CoppockHist Direction Reversal Expert Advisor

Article MQL5 code base

Summary

This document describes an Expert Advisor that trades changes in the direction of the CoppockHist oscillator. A signal is generated when a bar closes and the indicator direction has reversed. The method therefore depends on the indicator’s direction change at bar close rather than an intrabar move.

The advisor requires a compiled indicator file and supporting trade library. The document mentions test results for GBPJPY on an eight-hour chart in 2014, using default inputs and without stop-loss or take-profit settings. It supplies no numerical performance metrics or details about broader validation, so the cited test alone cannot establish robustness across markets or periods.

Key ideas

  • The Expert Advisor signals when the CoppockHist oscillator changes direction at a bar close.
  • The strategy requires a separately compiled CoppockHist indicator.
  • The cited test uses GBPJPY on an eight-hour chart during 2014.
  • The stated test configuration does not use stop-loss or take-profit settings.
  • No numerical performance measures or evidence of broader robustness are given.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.