OPEN-SOURCE SCRIPT
Coppock Curve with its own Moving Average
It shows Coppock with its own moving average. (Yes, in a way, 3 moving averages.)
Advised to use :
Weakness: mourning period certainly not the same for everyone.
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.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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