What happen when Coppock Curve cross above or below zero line?
Coppock Curve is a momentum indicator develop by Edwin “Sedge” Coppock, October 1965. Coppock used long term monthly data to identify buying or selling opportunities. Coppock Curve use 10 day period of WMA , 14 day period of Rate of change and 11 day period of Rate of change.
Coppock Curve = 10-period WMA of 14-period RoC + 11-period RoC
WMA = Weighted moving average
RoC = Rate-of-Change
It is very easy to interpret Coppock Curve because its use monthly data and there is not much signal. You can use this Coppock Curve to signal bear or bull market in the long term. Most signal happen when coppock curve cross above zero line. When Coppock curve cross above zero its signal bull market and when its cross below zero its signal bear market.
What happen when Coppock Curve cross above or below zero line? Reviewed by Admin on 11:48 AM Rating: