Woodies CCI trading system

Is Woodies CCI a leading indicator?


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hi thanks for your information.
Kindly post the link of the theoritical study. so that CCI can be studied after which we would be able to unserstand your chart and technical terms properly. also please let me know if there is need of any extra indicator for the same in esignal and metastock.

Thanks
 

kkeskar92

Well-Known Member
hi thanks for your information.
Kindly post the link of the theoritical study. so that CCI can be studied after which we would be able to unserstand your chart and technical terms properly. also please let me know if there is need of any extra indicator for the same in esignal and metastock.

Thanks
Hi...just go through the first few posts and you will get the info about CCI.

Visit www.woodiescciclub.com and you will get all info and quite a few videos about CCI.

Woodies CCI panel in available for esignal...just browse the forum on the above website.

Check www.tuckerreport.com for smooth adaptive CCI.

check www.jurikres.com for Juriks smooth and adaptive indicators.
 
Linkon i saw your post about CCI and /Bollinger , do you use Metastock , i try to put CCI woodies in Metastock but doesn't look like metatrader looks crap, i have some indicator for metastock , can you help me , i have Alpha Omega for MEtastock.

Regards Eduardo
 

rajputz

Well-Known Member
Linkon i saw your post about CCI and /Bollinger , do you use Metastock , i try to put CCI woodies in Metastock but doesn't look like metatrader looks crap, i have some indicator for metastock , can you help me , i have Alpha Omega for MEtastock.

Regards Eduardo
Linkon sir uses amibroker. Den also, wait for his answer. Chupe rustam hai.
 

linkon7

Well-Known Member
Linkon i saw your post about CCI and /Bollinger , do you use Metastock , i try to put CCI woodies in Metastock but doesn't look like metatrader looks crap, i have some indicator for metastock , can you help me , i have Alpha Omega for MEtastock.

Regards Eduardo
Matastock is difficult to code, so i use Amibroker... Metastock has become a dinosaur with its limitations on amount of data it can handle. Plus the popularity has taken a nose dive. But i love the way metastock has so many inbuilt systems into it...

I am sure woodies CCI system is there in metastock. You'll have to google it...
 

kkeskar92

Well-Known Member
Today's CCI trade.

Nifty was testing 5330 ie the reversal point from where it had a big fall to 5245 last week.
There was a ghost pattern on the adaptive CCI on spot Nifty chart...so short Nifty at 5328.

It again tested 5330 2-3 times and then went down till 5310.
I covered the position at 5313 for a 15 point profit at CCI hook and CCI cross.

Entry



Exit

 

kkeskar92

Well-Known Member
Whipsaw on BHEL

WHIPSAW ON BHEL

Today BHEL was on my watch list since it was looking weak on a daily chart...it has gone up on lower volumes..so wanted to short it with target of 2480.

I did short BHEL at 2510 and kept SL at 2520 just above yesterdays high of 2517.
There was a huge gap up by 15 points on 5 min bars which hit my SL and lost 10 points. Since it has broken yesterdays high on good volumes, I entered a long order at 2520....it went to 2528...and then just collapsed within a min by 20 points to 2500....I again covered at 2507....lost 13 points more...total loss 23 points.

See the pic.



Again went short when it broke the 2500 level. Entered double amount of shares at 2498...it went down to 2470...covered at 2472....gained 26 points and recovered losses..ended up in profit.



Now still wondering how can it suddenly gap up and down by 20 points within a minute,. However other trades on Nifty, ONGC and ICICI went well.
One more stagnant day for Nifty.

If anybody has any solution to avoid these whipsaws, please opine how this could have been handled?
 
Last edited:

chintan786

Well-Known Member
Mostly I initiate trade in the direction once important level got breach... irrespective of having opinion on stock or market as whole.... and no matter wht.. don't allow BEP to erode...
 

sub2501

Active Member
@Linkon Sir / Any other Member who ..........., 256 KPBS only :mad: but you can get nice speed if other member join this network.
Its request to all the members to Please seed the following torrent file. Like Pralhad my internet connection is 256 kbps and i downloaded only 1.1% by 03 days.

Request to the members...................
 

rajputz

Well-Known Member
Its request to all the members to Please seed the following torrent file. Like Pralhad my internet connection is 256 kbps and i downloaded only 1.1% by 03 days.

Request to the members...................
in between i have given the mediafire links also
download frm them
 

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