Extra indicators
Coppock Curve
A slow momentum indicator built to spot the start of long-term rises after big declines.
Die Idee in einfachen Worten
Coppock compared market recoveries with mourning: it takes time. The curve smooths two long rates of change to show when a decline has really run its course.
So wird gerechnet
Add ROC(14) and ROC(11) and smooth the sum with a 10-period weighted moving average.
Coppock = WMA(ROC(14) + ROC(11), 10)Anwendung
- Classic buy signal: the curve turns up from below zero (originally on monthly index charts).
Schlüsse ziehen
- Designed for monthly candles of stock indices; on short timeframes it is just a smooth momentum line.
Beispiel
US500 monthly: the curve bottoms at −18 and turns up; in the classic method that is a long-term buy signal.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- Very few signals and no sell rule in the original.
Ein wenig Geschichte
Created by the economist Edwin Coppock and published in Barron's in 1962.
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.