Coppock Curve Turning Points for Long-Term Trend Entries
Summary
The ColorCoppock description outlines a long-term Coppock indicator built from weighted moving averages of two price-change measures, using periods of 14 and 11 in the classic configuration and a 10-period weighted moving average for smoothing. The platform version allows users to adjust the underlying indicator settings and the averaging method used for the histogram.
The described approach watches for the histogram to turn upward from below zero as a potential early long entry, or downward from above zero as a potential exit or sell indication. Smaller peaks and dips are to be disregarded relative to more prominent swings. The text cautions against expecting the indicator to identify exact market highs or lows. It gives no backtest, market examples, or quantitative evidence, and the historical description says the original Coppock use was for buying. The document also mentions a required software library, which is an implementation dependency rather than part of the trading rationale.
Key ideas
- The classic Coppock calculation smooths two price-change measures with weighted moving averages.
- An upswing from below zero is described as a potential long-term buy signal.
- A downturn from above zero is described as a potential sell or exit indication.
- Smaller turns are filtered out, and the indicator is not intended to pinpoint exact extremes.
- The description provides no performance tests or evidence across markets.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.