CCI Woodies Lnx - oscillator
CCI Woodies Lnx - indicator which refers to the type of oscillators, i.e. displays the overbought and oversold state of the market, and it is based on the standard indicator CCI.
We use two CCI - with period 14 (black) and with period 6 (red turbo CCI), as well as zero level. If this level is green and the CCI(14) crossed the zero line from the bottom upwards, then we have a buy signal, but if the zero line is green and the indicator crossed it from the bottom upwards, then we should make a buy deal.
Note that CCI Woodies Lnx indicator suitable for working with different currency pairs, and also works with other trading signals and patterns, more about which you should read in CCI Woodies strategies.
ForTrader.org comments: CCI Woodies Lnx is a good working indicator, which does not require additional confirmation signals and if used correctly can give good profits.
Hello! when downloading the indicator says ERROR 404 Page UNLOCATED please fix it