MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 652.53

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Nov 20 4:00 PM EST

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To: westes who wrote (51988)	5/24/2000 6:27:00 PM
From: Les H	of 99985

LaVerne's Coppock files Message 12467332 I use the following code in AIQ but have it also in MetaStock for weekly plots. ROCxx is rate of change of close for xx periods. Coppock is 10-week moving average of the sum of ROC14 and ROC11. ROC14 is ([Close]-val([Close],14)) / val([Close],14). ROC11 is ([Close]-val([Close],11)) / val([Close],11). Coppock is SimpleAvg(ROC14+ROC11,10). It does pretty well for the daily charts but most use it for weekly or monthly analysis of the market indices.

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