Woodies CCI

Woodies CCI
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Woodies CCI

Info

The Woodies CCI is a Indicator for MetaTrader 5 that woodies cci is a momentum indicator based on a 14-period commodity channel index (cci). Developed by Ken Woods in 2026, this fully unbounded oscillator has a base value of 0 and no upper or lower limit.

Usage

This tool is typically used for enhancing chart analysis and decision making.

Platform

This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.


How to Install and Use Woodies CCI

1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.

2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.

3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.

4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.

Frequently Asked Questions

Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."

Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).

Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.

What this tool does

Woodies CCI is a momentum indicator based on a 14-period Commodity Channel Index (CCI).

Typical Use Case

This Indicator excels in automated trading and technical analysis on MetaTrader 5.

Compatible Platform & Setup

This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.

Description & Settings

Related: woodies cci - another powerful indicator for MetaTrader 5 traders.

Woodies CCI is a momentum indicator based on a 14-period Commodity Channel Index (CCI). Developed by Ken Woods in 2026, this fully unbounded oscillator has a base value of 0 and no upper or lower limit.

Also recommended: Super Woodies CCI - similar indicator with strong performance on MetaTrader 5.


Traders utilize Woodies CCI to identify various tradable patterns, including the Zero Line Reject, Reverse Divergence, and Trendline Break. The 200 level indicates an extreme reading. This indicator is commonly used in conjunction with other signals for enhanced trading insights.

You may also like: Digital CCI Woodies Indicator - excellent alternative for indicator users on MetaTrader 5.

Source Code

#property copyright "robotfx"
#property link "https://robotfx.org"
#property version   "1.00"
#property indicator_separate_window
#property indicator_buffers    15
#property indicator_plots      5
#property indicator_level1     100
#property indicator_level2     200
#property indicator_level3     300
#property indicator_level4    -100

.......

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⚠ Limitations & Risk Warning

  • This tool is provided for educational and testing purposes only.
  • Past performance does not guarantee future results.
  • Trading involves substantial risk of loss. Use on a demo account first.
  • Results may vary depending on market conditions, broker, and settings.
  • We recommend thorough backtesting and forward testing before using with real funds.
© ROBOTFX Free educational tools by RobotFX. Use entirely at your own risk; we are not liable for any financial losses incurred.