Woodies CCI Index

Discussion in 'Technical Analysis' started by chictrader, Apr 6, 2009.

  1. Any one have any success or downfall using the woodies CCI index strategy?
  2. Reno79


    I watch woodies cci and sometimes use it. Mostly just the zero line rejects, if you are familiar with that. Does it work all the time, no. Do I follow it religiously, no. I do like using it sometimes to help me pull the trigger. I also notice that it works better on trend days. Just my 2 cents.
  3. Thank you for the feed back. I would agree.
  4. irniger


    CI_Woodies_Lnx_v3_1 (there are different ones, so I typed in the exact name) is a reliable forewarner in Metatrader. It's signaling about 4 - 6 bars in advance of a change in trend. I don't trade on it. For trading I use different MA indicators like LSMA, nonlagdot and Var Mov. Av. (all in Metatrader)

  5. Probably all indicators work better on trend days.:D
  6. Reno79


    Agreed. That is why price action is king when it comes to trading.

    I often wonder how Woodie does on non-trend days?