Because I'm big fan of woodie... I must post woodies cci indicator for Metatrader platform.
You can download it here .
Also you can try woodie based scalping system for Metatrader. You can download it here .
Enjoy the trading !
Showing posts with label Technical analysis indicators. Show all posts
Showing posts with label Technical analysis indicators. Show all posts
Popular indicator from Alexander Elder.
Download link.(ELDERRAY.ELD)
... or read more theory... here and here
Elder Ray Buy signals
- Moving average rises and Bullish Force indicator is below zero. The best time to buy is when the Bearish Force first falls below zero and then immediately rises.
- If new price highs are confirmed by new Bullish Force indicator highs, then it is a good confirmation of the bullish trend.
- Bearish convergence is another strong signal.
Elder Ray Sell signals
- Moving average moves downward and Bullish Force is above zero.
- Bearish trend is confirmed if the price lows and Bearish Force indicator lows move downward in parallel.
- Bullish divergence is another strong signal.
Enjoy the trading !
You can download it here (WOODIECCI.ELD).
- After download double-click file, file is imported into Tradestation.
- Open chart
- Add analysis -> Select Woodies CCI
Enjoy the trading !
screenshot of woodies cci together with vt trader in action:
...sometime called WCCI
You can change CCI period, Turbo CCI, moving averages. There are two mathematical formulas to choose for calculating values: original one and improved one ( I prefer ).
You can download it here for your VT Trader
More about trading like a Woodie at woodies club.
Enjoy the trading !
...sometime called WCCI
You can change CCI period, Turbo CCI, moving averages. There are two mathematical formulas to choose for calculating values: original one and improved one ( I prefer ).
You can download it here for your VT Trader
More about trading like a Woodie at woodies club.
Enjoy the trading !
- Woodie CCI
- Moving Average
- CCI
- SSTO & FSSTO
- MOM
- ADX
I usually use them in this order.
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