Coppock

Real author: Edward Coppock This indicator shows long-term opportunities for buying or selling by measuring a 10-period weighed Moving Average of the sum of two rates of change (with periods of 14 and 11). It’s a classic version. Input parameters: ROC1Period (Default = 14) — period of first rate of change in the sum. ROC2Period … Read more

The formula for calculating was proposed by Edwin Sedgwick Coppock in 1962 and published in Barron’s Magazine. The indicator is designed only for signalling about a bullish trend starting on the market. The calculation formula is not designed for bearish direction, but is sometimes is used by traders. Signal is generated when the indicator line … Read more