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Coppock Curve

Created by Edwin Coppock. Designed to signal when stock market "mourning" would be over following a crash in it's price. This period was thought to be between 11 and 14 months as this is how long church leaders advised Coppock that it took for a person to get over the death of a loved one.

Attempts to identify entry signals in a market by looking at market activity on a monthly time range.

It adds the rates of change for a short and a long period of months and then smooths by another period's weighted moving average. Possible buy signal occurs when the indicator is below 0 and then rises above it.

With default parameters this indicator is intended for a monthly chart. To adapt to a daily chart change parameters to 231 and 294 for ROC periods and 210 for the WMA periods.