548# CCI Woodie with channel trading system
CCI Woodie trading
Submit by MJ 08/03/2014
CCI Woodie with channel trading system is a trend following strategy based on the CCI Woodie.
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.
moving average Weighted (20 periods, open with levels ( 60 -60, 90, 90);
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.
Price crosses the upper band channel and the same signal from all indicators (CCI Woodie >o an P-J over green).
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 the picture CCI Woodie with channel trading system in action.