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 and against the trend, such as the zero line reject, the reverse divergence and the trendline break. The 200 level signals an extreme reading. The indicator is often used in combination with other signals.
Woodies CCI - indicator MetaTrader 5 Real author: Gaba A widely used indicator with two CCI (Commodity Channel Index) from different periods. Originally this indicator has…
CCI Color - indicator MetaTrader 5 The idea of the indicator The principle of coloring the iCCI indicator line:       //--- zero crossing       if(CCI_Buffer[i-1]<0.0 && CCI_Buffer[i]>=0.0)         …
CCI variation - indicator MetaTrader 5 Theory: The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. It is calculated as:…
