KOINUSDT - Coppock Curve (Slow Waves)What is the Coppock Curve indicator?
+ Coppock, the founder of Trendex Research in San Antonio, Texas, was an economist. He had been asked by the Episcopal Church to identify buying opportunities for long-term investors. He thought market downturns were like bereavements and required a period of mourning. He asked the church bishops how long that normally took for people, their answer was 11 to 14 months and so he used those periods in his calculation.
+ The indicator is designed for use on a monthly time scale (can be effective on weekly, depending on asset). It is the sum of a 14-month rate of change and 11-month rate of change , smoothed by a 10-period weighted moving average .
+ A buy signal is generated when the indicator is below zero and turns upwards from a trough. The indicator is trend-following, and based on averages, so by its nature it doesn't pick a market bottom, but rather shows when a rally has become established.
About Koinos AMEX:KOIN :
+ fair launch via mining on Ethereum network, no VCs
+ migrated to its own layer 1 blockchain late 2022
+ completely community ran and funded
+ mined virtually via Proof of Burn (PoB)
+ the devs were the core devs from Steemit blockchain that left after Justin Sun's hostile takeover
+ the blockchain does not need to be forked in order to be upgraded due to it's modular design
Cheers! Enjoy the ride~
