Home > heikin-ashi > Unortodox thinking: Coppock in any time frame $SPX #markets #trading #trendfollowing

Unortodox thinking: Coppock in any time frame $SPX #markets #trading #trendfollowing

October 11, 2014

The ‘rules’ say that the Coppock indicator (curve) should be used on monthly charts to detect important lows of the market.

(Keywords: monthly, important lows)

Let’s break these rules and use Coppock in any time frame both for trends, tops and bottoms. Why? Because the indicator is based on Rate of Change (ROC) that is unrelated to the time frame.

S&P 500 ($SPX) daily

$SPX Coppock daily chart

 

S&P 500 ($SPX) weekly

$SPX Coppock weekly chart

S&P 500 ($SPX) monthly

$SPX Coppock monthly chart

Advertisements
Categories: heikin-ashi Tags: , , , , ,
%d bloggers like this: