Coppock curve

Category: Indicators By: Nicolas Created: October 25, 2015, 10:44 PM
October 25, 2015, 10:44 PM
Indicators
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The Coppock Indicator was developed by Edwin Coppock, a US investment advisor. It is a momentum oscillator that was designed for long term investors to begin accumulation at the beginning of a bull
market. The Coppock Indicator signals the beginning of a bull market when it crosses above the zero line. This signal is usually after the first leg of a bull market is underway, thus it’s highly reliable.

a = ROC[14](close)
b = ROC[11](close)
coppock = weightedaverage[10](a+b)

RETURN coppock as "Coppock curve"

 

 

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Filename: Coppock-curve.itf
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Nicolas Master
I created ProRealCode because I believe in the power of shared knowledge. I spend my time coding new tools and helping members solve complex problems. If you are stuck on a code or need a fresh perspective on a strategy, I am always willing to help. Welcome to the community!
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