SuperWoodieCCI - page 12

[yellowblack]

super woodiecci in 5 m chart

i found super woodiecci on this forum,and it seems something useful on 5 minute chart,see attachments 2.gif.However,sometimes it gives too much signals,just a chaos,see attachments 1.gif, so i hope somebody here could modify it with more smooth,and better looking,just like macd smooth above the super woodiecci in my chart,very thanks

regard

[matfx]

WCCI Pattern

Hi ND,

There's some Russian language written inside this indicator code. It looks like a trading system. I think, maybe, it explain the symbol illustrated on the chart for each pattern. I looked at it and have explanation for ZLR trade, Shamu, Trend Line Break, vegas trade, Ghost Trade, Reverse Divergence and Hook From Extreme.

I can't translate it using web translator. If you have time could you please translate it for me?

I attached here the doc file which i copy it from the indicator code, as well as the indicator itself.

Thanks.

[kent786]

quksilver:
The version of SuperWoodiesCCI posted before had a bug related to the coloring of the downtrend buffer. I fixed it.

The SuperWoodiesCCI is better than WCCI because it does the coloring of the bars to indicate the trend is formed as discussed in the pdf.

I also changed the neutral trend color to gray, changed the default inputs to be the same as those in the pdf, and set it to automatically draw the lines at 200, 100, -100, and -200.

Thanks for the updated version bro. By the way could you advise me how to interprate this indicator..when to buy and when to short?

[mart-hart]

kent786:
Thanks for the updated version bro. By the way could you advise me how to interprate this indicator..when to buy and when to short?

You will find all your answers on here

http://woodiescciclub.com/start.htm

see you in a year or two

Mart

[mart-hart]

Yellowback...CCI is a reflection of prices dance around moving averages.

Look how early the trend line break gave a short signal.

Smooth it out and it will be as much use as an ashtray on a motorbike, zero line cross is not a very reliable signal but a smoothed late one is even worse.

mart

PS if you are determined there is a smooth cci on the TSD somewhere, do a search

[kent786]

newdigital:
Please find woodies trading systems on this thread above (i-Gentor etc). Besides read something about woodies at https://www.mql5.com/en/forum/172999 and use it as a manual (Woodie's CCI Club. Basic Patterns and Terminology. By James L. O'Connel).

Can i know why i cant access this page?

[Sergey Golubev]

Deleted thread.

It was 'Basic Patterns and Terminology'.

By James L. O'Connel.

[Itang Sanjana]

Interpreting WcciPatterns

NewDigital, Igorad & or anyone here,

Please, how to interpreting any patterns produced by WcciPatterns_v1.mql4?

Thanks

[kent786]

mart-hart:
You will find all your answers on here

Woodies CCI Club

see you in a year or two

Mart

Thanks Mart-Hat!

May god bless you!

[Sergey Golubev]

itangsanjana:
NewDigital, Igorad & or anyone here,

Please, how to interpreting any patterns produced by WcciPatterns_v1.mql4?

Thanks

Indicator with alert is here https://www.mql5.com/en/forum :

1. Zero-line Reject (ZLR) -- trend

2. Shamu Trade -- counter

3. Trend Line Break (TLB/HTLB) -- both

4. Vegas Trade (VT) -- counter

5. Ghost Trade -- counter

6. Reverse Divergence -- trend

7. Hook from Extremes (HFE) -- counter

8. Exit signals

different sounds for different patterns

Some manual is attached (with patterns describtion). The other documentation on this subject: https://www.mql5.com/en/forum/172973/page2

Author of indicator is Yuri Ershtad, alert - MrPip.

Yuri Ershtad:

- same indicator with patterns in separated window: download