TradingView
bricoleurs
22 janv. 2018 17:01

Coppock Curve with its own Moving Average 

Bitcoin / U.S. dollarBitstamp

Description

It shows Coppock with its own moving average. (Yes, in a way, 3 moving averages.)

Advised to use :
  • for long term, certainly not for day-trade;
  • on daily charts;
  • not as a standalone indicator, helps to read RSI, Klinger, TSI, CCI, etc.
  • as momentum-signaling: crossing 0, inflection points, crossover
  • as a quasi-centered, quasi oscillator, but not proportional always.


Weakness: mourning period certainly not the same for everyone.


Commentaires
mattsoyka
bricoleurs, Thanks for the Coppock Twins .....FYI Over Time I have found that the Coppock Curve and the Mass Index Work Well with each other.....The Mass Index by HPotter , set at 9,25 ,26.5 and another overlaid at 9,25,23.5 ( the 'standard' setup of 27 [ie 25 +2= 27] and 26.5 [ie 25 +1.5= 26.5] is traditionally the only set up /trigger where trend/direction changes are anticipated to occur. However I have ALSO noticed that on the Mass Index these same types of trend/direction changes have a tendency to occur at 23 [ie 25-2= 23] and 23.5 [25-1.5=23.5]....with your Coppock Twins set at 5,34,8 the peaks and troughs of the Subject being studied work well with the Mass Index . I have also used this combination for weekly. daily. and 4H time frames with good accuracy....Once again thanks for your efforts to improve what , in my humble opinion, is an old Indicator that is often under estimated in its usefulness and potential for consistent trading success !!!
View4U
@mattsoyka, Thanks - that's good information on the Mass Index !
Plus