OPEN-SOURCE SCRIPT
Coppock Curve Strategy
Coppock Curve Strategy
Description:
The Coppock Indicator is a long-term price momentum oscillator which is used primarily to pinpoint major bottoms in the stock market. Crosses above the zero line indicate buying pressure, crosses below the center (zero) line indicate selling pressure.
This script generates a long entry signal when the Coppock value crosses over a signal line, and/or generates a short entry signal when the value crosses under a signal line.
Also it generates a long exit signal when the Coppock value crosses under a signal line, and/or generates a short exit signal when the value crosses over a signal line.
Signals can be filtered out by volatility, volume or both. To minimize repainting use higher percentage values of Time Threshold parameter.
Description:
The Coppock Indicator is a long-term price momentum oscillator which is used primarily to pinpoint major bottoms in the stock market. Crosses above the zero line indicate buying pressure, crosses below the center (zero) line indicate selling pressure.
This script generates a long entry signal when the Coppock value crosses over a signal line, and/or generates a short entry signal when the value crosses under a signal line.
Also it generates a long exit signal when the Coppock value crosses under a signal line, and/or generates a short exit signal when the value crosses over a signal line.
Signals can be filtered out by volatility, volume or both. To minimize repainting use higher percentage values of Time Threshold parameter.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.