Author: Gaba
When it comes to trading with MetaTrader 5, one indicator that has stood the test of time is the Woodies CCI. This tool features two Commodity Channel Index (CCI) calculations from different periods, making it incredibly useful for spotting trends and potential reversals.
Originally crafted in MQL4, the Woodies CCI made its debut in the Code Base at mql4.com back on November 6, 2007. Since then, it has gained popularity among traders for its reliability and effectiveness.

Figure 1. Indicator WoodiesCCI
Related Posts
- Unlocking the Power of Master Tools for MetaTrader 4
- Hourly Buffers for Data Collection in MetaTrader 5: A Simple Guide
- Mastering Support and Resistance: Essential Indicator for MetaTrader 4
- Visualize Current Trends Across All Time Frames with This MetaTrader 4 Indicator
- Maximize Your Trading Potential with the ColorX2MA_Alert Indicator for MetaTrader 5