Coppock Curve

#1
Dear Traderji ,
Is there any formula for METASTOCK EXPLORER to determine the value of the COPPOCK CURVE crossing above the ZERO LEVEL on a daily or weekly basis ? Also , explain in detail about the same .
 

Traderji

Super Moderator
#2
purvija99 said:
Dear Traderji ,
Is there any formula for METASTOCK EXPLORER to determine the value of the COPPOCK CURVE crossing above the ZERO LEVEL on a daily or weekly basis ? Also , explain in detail about the same .
The MetaStock formula for the Coppock Curve is:

(MOV(ROC(MOV(C,22,S),250,%),150,E))/100

For an exploration to check for cross above zero level:

Cross(((MOV(ROC(MOV(C,22,S),250,%),150,E))/100),0)
 
#3
THANKS TRADERJI .
Generally , the formula is used on a MONTHLY time frame ? Can the same be applied on a DAILY basis ? If YES , any change in formula ?
 

Traderji

Super Moderator
#6
srisara said:
Traderji,

can u explain what is COPPOCK CURVE?

thanks
Satya
Coppock Curve is a long-term price momentum indicator used primarily to recognize major bottoms in the stock market. It is calculated as a 10-month weighted moving average of the sum of the 14-month rate of change and the 11-month rate of change for the index.

Also known as the "Coppock Guide".


Investopedia Says: The Coppock formula was introduced in in 1962 by Edwin Sedgwick Coppock.

A buy signal is formed when there is an upturn in the curve after an extreme low in the curve. A sell signal is formed when there is a higher peak in stock prices but a lower peak in the Coppock curve. These are the basic signals, more signals and interpretations are seen at more advanced levels.
 
#7
Traderji said:
Coppock Curve is a long-term price momentum indicator used primarily to recognize major bottoms in the stock market. It is calculated as a 10-month weighted moving average of the sum of the 14-month rate of change and the 11-month rate of change for the index.

Also known as the "Coppock Guide".
Thanks very much Traderji. You make it so sweet and simple for us.

Regards
Satya
 

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