Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Sensex and Coppock Indicator

56 sec read


 

 
Sensex : 10527
 
Coppock Indicator
 
Coppock Indicator is a very useful long term indicator in indentifying Bull Markets.Edwin Coppock developed the Coppock Indicator with one sole purpose: to identify the commencement of bull markets. The indicator was devised for use on the Dow Jones Industrial Average but is suitable for use on other market indices or averages. A bull market is signaled when the Coppock Indicator turns up from below zero(means from -ve towards +ve value). By Applying the Coppock indicator to the sensex it is clearly visible that from the last 11 years we had witnessed two bull runs. The First Bull Run Started during the middle of 1999 and extended upto 2000( a very short Bull run) after a long gap of  years(2000-2003) the next bull run started which is also clearly witnessed from the coppock Indicator. Now the value of the Coppock Indicator is just below the zero(-15.727) Simply Wait for the Bull Signal to arriveTo be honest it may takes several months or years to arrive. These are the Best times to invest from markets not to runaway from it. Dont be a Coward….Go Long Term
 
To calculate the Coppock Indicator:
1)Calculate 14 month Rate of Change (Price) for the index. Use monthly closing price.
2)Calculate 11 month Rate of Change (Price) for the index. Use monthly closing price.
Add the results of 1 and 2.
 
Calculate a 10 month weighted moving average of the result.

Dow Jones and Coppock Indicator

Catch the Theme Behind it. Yourself
Tough Times Ahead. But Best Times to Invest

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Want to know who is coppock?

Here are few list of posted Coppock Buy list filed in marketcalls earlier. You could see how coppock performs a long term play  ...
Rajandran R
13 sec read

Coppock, Nifty and the AFL code

  Here is the Formulas to calculate the coppock indicator extracted from incredible charts To calculate the Coppock Value: 1)Calculate 14 month Rate of...
Rajandran R
52 sec read

Coppock turn positive for two more stocks

  During June 2009, I had mentioned about three stocks for which coppock turns positive . And two more stocks come under my observation today....
Rajandran R
17 sec read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More