Commodity Channel Index : CCI : Woodie CCI

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Posted April 19th, 2007 at 04:04 pm by aviro25
Filed under: Forex | 3 Comment

What is CCI?

As definition from source www.stockcharts.com

Commodity Channel Index (CCI) was designed to identify cyclical turns in commodities. The assumption behind the indicator is that commodities (or stocks or bonds) move in cycles, with highs and lows coming at periodic intervals. Lambert recommended using 1/3 of a complete cycle (low to low or high to high) as a time frame for the CCI. (Note: Determination of the cycle’s length is independent of the CCI.) If the cycle runs 60 days (a low about every 60 days), then a 20-day CCI would be recommended. For the purpose of this example, a 20-day CCI is used.

So that is the introduction of CCI. I not goonna talk to you abouT CCI mainly

but I wat to share to you about one indicator system call Woodie CCI. This Woodie CCI I have learned so far that it is best use for my scalping trading. But as far that I concern, I have master not enough just to be a beginner in this CCI method.

With the good reliability I think why should not I share with you all this Woodie CCI.

Click here to download –> Woodie CCI MAnual

For the indicator or more help on reading this you can visit

www.woodiescciclub.com

Regards,

Aidil Azhar