Woodie forex indicator. Developed by Donald Lambert and featured in Commodities magazine in , the Commodity Channel Index (CCI) is a versatile indicator that can be used to identify a new trend or warn of extreme conditions. Lambert originally developed CCI to identify cyclical turns in commodities, but the indicator can be successfully.

Woodie forex indicator

How to trade with 34 EMA 89EMA and Woodie cci indicator SPX/2

Woodie forex indicator. Aug 10, - Similar to regular Pivot Points but Pivot Line is calculated with more weight to the closing price. Pivot Points is a method for calculating support and resistance levels. Resistance and support levels indicate where a major price movement is expected. As a trend indicator, it indicates an upward movement.

Woodie forex indicator

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