Woodies CCI is a popular free Forex indicator for MT4 that is useful for both beginners and experienced traders. It is based on the Commodity Channel Index (CCI) which was developed by Donald Lambert and is used to identify cyclical trends in the market. The Woodies CCI is a modified version of the original CCI indicator, with two additional lines added to the chart. The two additional lines are referred to as the ‘Woodies’ lines and they are used to identify overbought and oversold conditions in the market. The Woodies CCI indicator is a momentum indicator that measures the strength of a trend and can be used to identify potential entry and exit points in the market. It is used by traders to identify potential buy and sell signals based on the position of the Woodies lines. When the Woodies lines cross above or below the zero line, it can be used as a signal to enter or exit the market. It is also a popular indicator among Forex traders due to its ease of use and ability to identify potential reversals in the market.
MT4
Woodies CCI
Woodie’s CCI is a useful Forex indicator for MT4 that is popular among traders. The indicator uses a line that oscillates between +100 and -100 and can be used to identify overbought and oversold levels. Woodie’s CCI is a popular and free indicator that is easy to use and provides helpful visual analysis of the market.
Trading Style | |
---|---|
Indicator Type | |
Timeframe | |
Platform |
0
People watching this product now!
Category: Stochastic
Downloads - 39
Description
Reviews (0)
Be the first to review “Woodies CCI” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
CCI Divergence
The CCI Divergence Indicator for MT4 is a useful and popular free Forex indicator. It is used to identify potential reversals in the market by looking for divergences between price and the Commodity Channel Index (CCI). The indicator uses the CCI to determine when the market is overbought or oversold and when the trend is likely to reverse. It will then plot a divergence line on the chart to indicate potential reversal points. The CCI Divergence Indicator for MT4 is a great tool for traders of all levels and can be used to help traders make more informed decisions.
Profit Indicator
The Profit Indicator is a powerful and useful tool for Forex traders. It is one of the most popular and free indicators available for the MT4 platform and can be used to maximize profits and minimize losses. The Profit Indicator provides traders with an easy to read graphical representation of their current trading position. It shows the current open trades, the current profit/loss of the position, and the current balance of the account. With its easy to use interface and powerful features, the Profit Indicator is a great tool for any Forex trader.
Power Trend
The Power Trend indicator for MT4 is a new and free popular forex technical analysis tool that helps traders identify trends, their direction, and strength visually in different colors. The colored histogram of the Power Trend indicator helps traders plan their trading strategies by providing insights into the trend's strength and maturity level. The indicator changes color to indicate weak or strong trends, allowing traders to maximize their profits and exit the trade at the right time. Download the Power Trend indicator for free and enhance your trading experience.
Heiken Ashi Oscillator
The Heiken Ashi Oscillator indicator is a popular, new and free Forex trading tool available on the MT4 platform. This indicator is designed to help traders identify trends in the market using Heiken Ashi candles that provide a more accurate representation of price action. The indicator works by analyzing the difference between Heiken Ashi candles and regular candles on the chart, providing a histogram that shows the strength of the trend. Use the Heiken Ashi Oscillator to improve your trading skills.
Renko Charts
The Renko Charts indicator is a popular free MT4 tool used by forex traders to analyze market trends. It works by plotting price movements as "bricks" on a chart, where each brick represents a predetermined price range. This helps filter out market noise and highlight the direction of the trend. Make The Renko Charts indicator a useful tool to improve your Forex trading strategies.
Woodies CCI Arrows Oscillator
The Woodies CCI Arrows Oscillator Indicator is a popular MT4 technical analysis tool used by forex traders to identify trends and potential entry and exit points wich based on the Woodies CCI system, which helps traders to identify when a trend is strong and when it may be weakening. The arrows on the indicator show when the price is moving in a particular direction, and the oscillator provides additional confirmation of the trend's strength. The Woodies CCI Arrows Oscillator Indicator is a valuable addition to any trader's toolkit, and it can help traders make better-informed trading decisions.
Pullback Factor
Pullback Factor Indicator is a popular and new trend-following indicator designed for use in the forex market. It helps you to identify the end of a trend retracement and the resumption of the trend. With its unique algorithm, the indicator predicts the extent of a trend pullback, enabling traders to enter the market with precision and accuracy.
Reviews
There are no reviews yet.