indicator · own pane · open source
Coppock Curve
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About
Coppock Curve — the original long-term buy signal: WMA(ROC(14) + ROC(11), 10). Zero-line turns are major buy / sell signals on monthly and weekly charts.
- Best on monthly/weekly S&P and BTC.
- Avoid on tick charts (it's a long-horizon signal).
Source code
//@version=5
indicator("Coppock Curve", overlay=false)
roc1 = ta.roc(close, 14)
roc2 = ta.roc(close, 11)
cc = ta.wma(roc1 + roc2, 10)
hline(0, "Zero", color=color.gray)
p_Coppock = plot(cc, "Coppock", color=color.blue, linewidth=2)
alertcondition(ta.crossover(cc, 0), "Coppock buy", "Coppock curve crossed above zero")
alertcondition(ta.crossunder(cc, 0), "Coppock sell", "Coppock curve crossed below zero")
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