Coppock Curve

Discussion in 'Technical Analysis' started by purvija99, Apr 19, 2006.

  1. purvija99

    purvija99 Member

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    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 .
     
  2. Traderji

    Traderji Super Moderator

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    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. purvija99

    purvija99 Member

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    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 ?
     
  4. srisara

    srisara Member

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    Traderji,

    can u explain what is COPPOCK CURVE?

    thanks
    Satya
     
  5. Traderji

    Traderji Super Moderator

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    Yes it can be used on daily charts.
     
  6. Traderji

    Traderji Super Moderator

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    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. srisara

    srisara Member

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    Thanks very much Traderji. You make it so sweet and simple for us.

    Regards
    Satya
     
  8. sudoku1

    sudoku1 Well-Known Member

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