Operating skills of spot gold_ Wave estimation curve

　　 Spot gold trading requires high operating skills for investors , To be a winner in the market , You can't rely on those who are too traditional 、 Indicators that have been widely used . See this , This article will introduce a relatively unpopular technical index —— Wave estimation curve (Coppock Curve).
　　 Wave estimation curve, also known as wave estimation index , from Edward Coppock Created in 1962 year . This index measures two price change rates ( The default is 14 Days and 11 God ) Weighted moving average of the total (10 God ), To send a long-term long or short signal ( The traditional version is only used to send a long signal ), It applies to MT4 and MT5, Investors can modify the parameters of the index by themselves .

　　 Wave estimation index (COP) Application rules ：
　　1、 It belongs to long-term indicators , The curve crosses from negative value upward 0 Axial time , As a buying signal .
　　2、 In practice ,COP There is no sell signal , however , Generally, the apparent curve falls below 0 The axis is the usage of the sell signal .
　　3、 In accordance with the COP After the signal is long , The selling signals of other indicators must be used to assist .
　　 The main strategy of using wave estimation index ：
　　1、 When the estimation curve starts to rise from the trough below the zero axis, go long ,
　　2、 When the estimation curve falls back from the peak above the zero axis, short .
　　3、 Small top and bottom ( Compared with the whole environment ) Not taking into account .
　　 In summary , The wave estimation curve index helps to capture the trend of spot gold price in the early stage of trend formation , But investors should not expect to enter the market at the actual maximum and minimum .