Extra indicators
Coppock Curve
A slow momentum indicator built to spot the start of long-term rises after big declines.
सरल शब्दों में विचार
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.
गणना कैसे होती है
Add ROC(14) and ROC(11) and smooth the sum with a 10-period weighted moving average.
Coppock = WMA(ROC(14) + ROC(11), 10)इसका उपयोग कैसे करें
- Classic buy signal: the curve turns up from below zero (originally on monthly index charts).
निष्कर्ष निकालना
- Designed for monthly candles of stock indices; on short timeframes it is just a smooth momentum line.
उदाहरण
US500 monthly: the curve bottoms at −18 and turns up; in the classic method that is a long-term buy signal.
उदाहरणों में कीमतें केवल समझाने के लिए हैं।
इन बातों का ध्यान रखें
- Very few signals and no sell rule in the original.
थोड़ा इतिहास
Created by the economist Edwin Coppock and published in Barron's in 1962.
केवल शैक्षिक सामग्री। कोई इंडिकेटर या पैटर्न भविष्य की भविष्यवाणी नहीं करता, और यहाँ कुछ भी निवेश सलाह नहीं है।