Forex CCI Woodie Swing Trading Strategy
Forex CCI Woodie Swing Trading Strategy:
Woodie CCI.mq4 is based on the code of Jason Robinson.
“After read the Woodie introductory document I started a search
for the right coloured CCI.
I can´t find anyone in accomplish with the explanation of Woodie
So, I take the code from another CCI, and I added
the center LSMA line according to the official explanation.
Everything you see is an exact copy like it´s explained in the
document new_woodie_do1. Specially the colors. “ Jason Robinson”
Time Frame 15 min or higher.
Currency pairs: any.
Metatrader indicators:
moving average Weighted (20 periods, open with levels ( 60 -60, 90, 90);
Heiken aschi,
Moving average Weighted 60 periods (open);
CCI Woodies (63, 5 , 25, 60, 0);
PJ-Over RSI (28, levels 70, 30,).
ArrZZX2 (Zig Zag support anf rsistance indicator).
Rules for CCI Woodie with channel trading system
Enter when the price crosses the channel.
Buy
Price crosses the upper band channel and the same signal from all indicators (CCI Woodie >o an P-J over green).
Sell
Price crosses the below band channel and the same signal from all indicators (CCI Woodie <o an P-J over red).
Place stop loss on the previous swing.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex CCI Woodie Swing Trading Strategy?
- Download Forex CCI Woodie Swing Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex CCI Woodie Swing Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
