Extra indicators
Coppock Curve
A slow momentum indicator built to spot the start of long-term rises after big declines.
ایده به زبان ساده
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.
روش محاسبه
Add ROC(14) and ROC(11) and smooth the sum with a 10-period weighted moving average.
Coppock = WMA(ROC(14) + ROC(11), 10)نحوه استفاده
- Classic buy signal: the curve turns up from below zero (originally on monthly index charts).
نتیجهگیری
- Designed for monthly candles of stock indices; on short timeframes it is just a smooth momentum line.
مثال
US500 monthly: the curve bottoms at −18 and turns up; in the classic method that is a long-term buy signal.
قیمتها در مثالها نمایشیاند.
مراقب اینها باشید
- Very few signals and no sell rule in the original.
کمی تاریخچه
Created by the economist Edwin Coppock and published in Barron's in 1962.
فقط محتوای آموزشی. هیچ اندیکاتور یا الگویی آینده را پیشبینی نمیکند و هیچچیز اینجا توصیه سرمایهگذاری نیست.