Woodies

Real author: Gaba A widely used indicator with two CCI (Commodity Channel Index) from different periods. Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 06.11.2007. Figure 1. Indicator WoodiesCCI Woodies CCI – indicator MetaTrader 5

Woodies CCI is a momentum indicator that was developed by Ken Woods. It’s based on a 14 period Commodity Channel Index (CCI). It’s a fully unbounded oscillator with a base value of 0 and has no lower or upper limit. Some traders use the indicator to spot a number of tradable CCI patterns both with … Read more