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Mastering Woodies CCI: Your Go-To Indicator for MetaTrader 5

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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

Figure 1. Indicator WoodiesCCI

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