Developed by Edwin Coppock, the Coppock Indicator is a momentum oscillator that was designed for long term investors to begin accumulation at the beginning of a bull market. The Coppock Indicator signals the beginning of a bull market when it crosses above the zero line. This signal is usually after the first leg of a bull market is underway, thus it’s highly reliable.
Formula:
Mov(ROC(C,14,%)+ROC(C,11,%),10,W);0
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