Extra indicators
Coppock Curve
A slow momentum indicator built to spot the start of long-term rises after big declines.
La idea en pocas palabras
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.
Cómo se calcula
Add ROC(14) and ROC(11) and smooth the sum with a 10-period weighted moving average.
Coppock = WMA(ROC(14) + ROC(11), 10)Cómo usarlo
- Classic buy signal: the curve turns up from below zero (originally on monthly index charts).
Sacar conclusiones
- Designed for monthly candles of stock indices; on short timeframes it is just a smooth momentum line.
Ejemplo
US500 monthly: the curve bottoms at −18 and turns up; in the classic method that is a long-term buy signal.
Los precios de los ejemplos son ilustrativos.
Ten cuidado con
- Very few signals and no sell rule in the original.
Un poco de historia
Created by the economist Edwin Coppock and published in Barron's in 1962.
Solo contenido educativo. Ningún indicador ni patrón predice el futuro, y nada de lo aquí expuesto es asesoramiento de inversión.