Using the Coppock Indicator to Anticipate 6m Golden Cross Buy Signals
January 22, 2024
Lateral thinking (horizontal thinking) is a form of ideation where designers approach problems by using reasoning that is disruptive or not immediately obvious. They use indirect and creative methods to think outside the box and see problems from radically new angles, gaining insights to help find innovative solutions.
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I have been doing a little lateral thinking of my own. I have noticed that golden cross buy signals based on the moving averages I use and 6m candle sticks coincide with Coppock buy signals. My first reaction was to stop using Coppock because it seemed I didn't need it. I realise it is a bit more subtle than that because I can project Coppock forward to anticipate buy signals and this creates an exhilarating prospect because it suggests that I should be able to use Coppock to anticipate 6m golden cross buy signals and look how powerful they are.
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