Hello,
I have an idea of getting right the trend for the day, it might be I am overcomplicating things… The coppock curve came up with stock markets, and they are using to calculate the lowest law of the month and entering a bull trade.
If i would be able to calculate it for one day in advance, then would know approx. tomorrow lowest price, and set up a long…
Do you know how to calculate the coppock curve, or is there any chart or oscillator available?
Thats what I found but from this I dont really get it…
To calculate the Coppock Indicator:
Calculate 14 day Rate of Change (Price) for the index. Use daily closing price.
Calculate 11 month Rate of Change (Price) for the index. Use daily closing price.
Add the results of 1 and 2.
Calculate a 10 day weighted moving average of the result.
Bambura