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.
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a = ROC[14](close) b = ROC[11](close) coppock = weightedaverage[10](a+b) RETURN coppock as "Coppock curve" |
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