The Coppock Curve is a momentum oscillator indicator. Trend recognition: In an uptrend, the indicator stays above the zero line most of the time. In a downtrend you will see the Coppock curve spends more time below the zero line. Trading Signal: I prefer to use only buy signals on stocks and indices but you […]
The Commodity Channel Index (CCI) measures the difference between the current price and the historical average price. High readings of 100 or above, indicate the price is well above the historic average and we are in an uptrend. Low readings below -100, indicate the price is well below the historic average and the commodity (Or […]
The detrended price oscillator (DPO) is an indicator that does not react to the most current price action by using a displaced moving average instead of the real price. It attempts to eliminate long-term trends in prices. This is good to figure out overbought and oversold levels.My strategy to use DPO:In trendy markets, use the […]
✔This indicator runs from -100 to 100. ✔The values above 50 are considered overbought and values below -50 oversold. ✔The higher the magnitude or absolute value of the indicator the stronger the trend. ✔We can combine this with a MA (the period between half to a third of the CMO) to get early entry signals.Please […]
