Woodie CCI Manual pdf

Woodie CCI Manual

Posted on

Synopsis E-book: Woodie CCI Manual

Chart 1 below shows a single yellow horizontal line. This is called the Zero-line (ZL). It has a special meaning in the calculation of the CCI. You may think of it as the equilibrium of momentum over a given period. All of Woodies CCI system trade patterns are defined around the zero-line. The chart shows four other lines. The light blue are the 100/-100 lines and the white are the 200/-200 lines.
Chart 2 shows the ZL as a series of red and green segments. These segments reflect the 25 period Least Squares Moving Average LSMA. When the segments on the ZL are green, this means that the market price is higher than the LSMA. When red, the market price is below the LSMA. This is also called the moving linear regression curve. The LSMA will be used in trade confirmation of patterns and exiting positions. It is not important to understand how the LSMA is calculated.

Preview Woodie CCI Manual

Woodie CCI Manual pdf Woodie CCI Manual pdf Woodie CCI Manual pdf

Download E-book Woodie CCI Manual

  • FileName: Woodie CCI Manual
  • Author: James L. O’Connell
  • Language: English
  • Size: 610 kb | Remove!

Download the file…▼

  • FileType: .pdf
  • Dir.: Part5
Add a comment

Leave a Reply


Related E-Books

Core Point and Figure Chart Patterns pdf
Size: 784 kb | Pages: 18 | English
Lane Stochastics pdf
Size: 57 kb | Pages: 6 | English
Define What Type of Trader Are You pdf
Size: 197 kb | Pages: 7 | English
Forex Simplified.pdf
Size: 1.918 kb | Pages: 154 | English
Trendfans and trendline breaks pdf
Size: 498 kb | Pages: 43 | English
Countertrend-FX pdf
Size: 244 kb | Pages: 6 | English