stelaraX - Coppock Curve

stelaraX – Coppock Curve

stelaraX – Coppock Curve is a long-term momentum indicator designed to identify major trend transitions and long-term buying opportunities. It combines rate-of-change momentum with weighted smoothing to highlight broad market shifts rather than short-term noise.

This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
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Core logic

The Coppock Curve is calculated by summing two rate-of-change (ROC) values with different lookback periods and smoothing the result using a weighted moving average (WMA).

Key principles:

* the long ROC captures broader market momentum
* the short ROC adds sensitivity to more recent price changes
* the WMA smooths combined momentum to reduce noise
* values above zero indicate positive long-term momentum
* values below zero indicate negative long-term momentum

The Coppock Curve is traditionally used to assess major trend shifts rather than precise entry timing.

Visualization

The script plots:

* the Coppock Curve as a histogram in a separate indicator pane
* green bars when long-term momentum is positive
* red bars when long-term momentum is negative
* a zero reference line for directional context

This clean histogram view emphasizes dominant long-term momentum cycles.

Use case

This indicator is intended for:

* identifying major market trend transitions
* spotting long-term accumulation phases
* confirming primary trend direction
* filtering short-term trades in alignment with macro momentum
* supporting position trading and investment-focused strategies

It is especially effective on higher timeframes and when combined with trend structure or AI-assisted market analysis.

Disclaimer

This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.