Trade With Powerful Woodies CCI Indicator – Amibroker AFL


Woodies CCI Indicator is a momentum indicator which was developed by Ken Woods. This AFL based on a 14 period Commodity Channel Index (CCI). It’s a fully unbounded oscillator with a base value of 0 and has no lower or upper limit.

Some traders use the indicator to spot a number of trad-able CCI patterns both with and against the trend, such as the zero line reject, the reverse divergence and the trend line break. The 200 level signals an extreme reading. The indicator is often used in combination with other signals.

Here is the Image of AFL [amibroker formula language].

woodies cci indicator

In picture See the drawing tools deeply. You can fine where to buy signal. Also you can find out the sell signal. As a mention Woodies CCI Indicator gives you perfect taking profit signal. When Signal appears, you may take signal without any hesitation.

Trader actually use this afl for  the base of trailing stop formula.


Download AFL

How to use Woodies CCI Indicator  for Amibroker AFL

  • Download the Woodies CCI Indicator for Amibroker AFL.
  • Now copy the afl file and paste it to \Program Files\AmiBroker\Formulas\Custom. [For 32 bit]
  • If You have 64 bit operating system than paste it to  \Program Files(x86)\AmiBroker\Formulas\Custom.
  • Go to formula section of Amibroker and you will get the afl in Custom folder.

Don’t Know How To Set Amibroker? Than Just Watch :


0 thoughts on “Trade With Powerful Woodies CCI Indicator – Amibroker AFL”

Leave a Reply

Your email address will not be published. Required fields are marked *