Is Coppock Curve good for short-term trading?

No, it was designed for monthly charts and long-term investing. For short-term, use RSI or MACD.

Key Takeaways

Difficulty:Intermediate

Reliability:High

Category:momentum

Timeframes:Monthly, Weekly

Coppock Curve

momentum📊 Monthly, Weekly

Long-term momentum indicator designed to identify major market bottoms.

Formula

Code

Coppock = WMA(ROC(14) + ROC(11), 10)

Detailed Explanation

The Coppock Curve was developed by Edwin Coppock in 1962 for identifying long-term buying opportunities.

Original Purpose:
- Designed for S&P 500 monthly charts
- Buy signal when curve turns up below zero
- Based on human mourning period (11+14 months)

Trading Setup Example

Entry, stop loss, and take profit levels.

📈 Buy Setup

📉 Sell Setup

Always wait for signal confirmation before entering a trade.

Where This Indicator Works Best

Trend context and market position.

📈 Bullish Context

📉 Bearish Context

Detects overbought/oversold in trending and ranging markets.

Live Chart — Coppock Curve

See Coppock Curve in action on a live chart. Try changing the settings and timeframe.

Coppock Curve is a manual drawing tool or chart type and cannot be auto-overlaid as a study.

Open Chart on TradingView

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Parameters

ROC1

Default: 14

First ROC period

ROC2

Default: 11

Second ROC period

WMA

Default: 10

WMA smoothing period

📈 Bullish Signals

Coppock crosses above zero from below, turns up while negative

📉 Bearish Signals

Coppock crosses below zero from above (less reliable)

Python Implementation

Coppock Curve calculation

Python

import pandas_ta as ta

df['Coppock'] = ta.coppock(df['close'], length1=14, length2=11, length3=10)

TradingView Pine Script

Try on TradingView

JavaScript

//@version=5

indicator("Coppock Curve")

roc14 = ta.roc(close, 14)

roc11 = ta.roc(close, 11)

coppock = ta.wma(roc14 + roc11, 10)

plot(coppock, "Coppock", color=color.blue)

hline(0, "Zero")

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MT5 MQL5 Code

C++

// Custom implementation needed

Python Libraries

pandas-ta

Technical analysis

pip install pandas-ta

Common Mistakes

✗Using on short timeframes

✗Relying on sell signals

Confirmation Signals

Monthly price action

Economic indicators

Other long-term indicators

Best For

Long-term investingMarket bottom identificationMonthly timeframes

💡 Pro Tips

•Originally designed for monthly charts
•Best for identifying major bottoms
•Sell signals less reliable than buy signals

Last updated: February 8, 2026

Educational Disclaimer

This content is for educational purposes only and does not constitute financial or investment advice. Trading involves significant risk and you may lose your capital. Always consult a licensed financial advisor before making investment decisions.

Learn More

Investopedia - Technical Indicators— Financial Education BabyPips - Technical Indicators— Trading School MetaTrader 5 Docs— Official Documentation

Frequently Asked Questions

Related Indicators

MACD (Moving Average Convergence Divergence)

MACD shows the relationship between two EMAs. Consists of MACD line, signal line, and histogram.

Relative Strength Index (RSI)

RSI measures the speed and magnitude of price changes, oscillating between 0-100 to identify overbought and oversold conditions.

Rate of Change (ROC)

Measures the percentage change in price over a specified period.

Back to All Indicators