Syntax
public Coppock(DataSeries ds, int ROCPeriod1, int ROCPeriod2, int MAPeriod, CoppockCalculation option, string description)
public static Coppock Series(DataSeries ds, int ROCPeriod1, int ROCPeriod2, int MAPeriod, CoppockCalculation option)
Parameter Description
| ds |
The source DataSeries |
| ROCPeriod1 |
First Rate of Change period |
| ROCPeriod2 |
Second Rate of Change period |
| MAPeriod |
Moving average period |
| option |
Select between two possible Coppock formulas |
Description
Coppock Curve is a long-term price momentum indicator used primarily to recognize major bottoms in the stock market. The Coppock formula was introduced in 1962 by Edwin Sedgwick Coppock. A buy signal is formed when there is an upturn in the curve after an extreme low in the curve. A sell signal is formed when there is a higher peak in stock prices but a lower peak in the Coppock curve.
Calculation
Two calculation options of the Coppock Curve are possible:
Option 1:WMA( ROC( Series,ROCPeriod1 ) + ROC( Series,ROCPeriod2 ), MAperiod );
Option 2, from a TASC article:WMA((SMA( Series, 22 ) / SMA( Series 250 bars ago, 22 ) - 1), 150);
Example
Currently no example available.