Momentum Indicator [LeonidasCrypto]

2022년 3월 23일

This indicator is the result of the combination of 3 indicators giving you a very powerful strategy.

Coppock Curve Indicator Summary

The Coppock Curve (CC) was introduced by economist Edwin Coppock in an October 1962 issue of Barron's
While useful, the indicator is not commonly discussed among traders and investors. Traditionally used to spot long-term trend changes in major stock indexes, traders can use the indicator for any time and in any market to isolate potential trend shifts and generate trade signals.

How to use it:

0 line is the key level Above 0 line the momentum is getting strong(bullish) below 0 line the momentum is weak(bearish)


Buy signal:

In combination with ADX, Volatility :

Wait for the curve color turning to Dark Purple(weak bearish momentum) and ADX slope in the opposite side of the trend

Sell Signal.

Wait for the curve color turning to Dark Blue (weak bull momentum) and ADX slope in the opposite side of the trend

Explosive Moves.

This indicator will help you to catch explosive moves :

Wait for the bar in the bottom of the indicator[Volatility Bar] turned blue color[Consolidation] low volatility. Enter in the next buy/sell signal following the rules I described above using this strategy you will catch in many cases very good move.

Divergences:
This indicator will help you to identify divergences
Combine the divergences generated by this indicator with the sell/bull signals to increase the probabilities for a good trade setup.

2022년 3월 24일

릴리즈 노트

Added info Panel
Now you can see the current value of ADX
Bearish/Bullish Curve
Background panel will change the color same as the Curve(Momentum)
Added cross points in the Volatility Bar with this information you will know when volatility is expanding/contracting.

2022년 3월 24일

릴리즈 노트

Removed extra indicators from the chart

2022년 3월 24일

릴리즈 노트

Removed extra indicators from the chart

2022년 5월 1일

릴리즈 노트

Now volatility bar is an optional parameter

2022년 7월 27일

릴리즈 노트

Updated Curved with forecast feature.

How to use it:

if you enable this feature you will be able to see a potential projection of the signal.
This is a game changer feature because you will be able to anticipate potential buy/sell signals with this indicator.