Extra indicators
Coppock Curve
A slow momentum indicator built to spot the start of long-term rises after big declines.
用通俗的话解释
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.
计算方法
Add ROC(14) and ROC(11) and smooth the sum with a 10-period weighted moving average.
Coppock = WMA(ROC(14) + ROC(11), 10)如何使用
- Classic buy signal: the curve turns up from below zero (originally on monthly index charts).
得出结论
- Designed for monthly candles of stock indices; on short timeframes it is just a smooth momentum line.
示例
US500 monthly: the curve bottoms at −18 and turns up; in the classic method that is a long-term buy signal.
示例中的价格仅作说明。
注意事项
- Very few signals and no sell rule in the original.
一点历史
Created by the economist Edwin Coppock and published in Barron's in 1962.
仅供学习参考。 没有任何指标或形态能预测未来,本页内容均不构成投资建议。