The TCCI is a good indicator which gives us a good BUY and SELL signals.
Description. Woodies CCI is a Commodity Channel Index based system developed by Ken Woods. The main principle of this system is that the price moves in the direction of CCI. Woodies CCI comprises multiple plots: CCI, TCCI, CCIHist, and several constant ones. Zero line is the main indicator of support/resistance. Zero line is also merged with LSMA indicator which shows if the price is below or above LSMA (a moving average designed for Woodies CCI). Red areas of the indicator signify that the price is below LSMA; green areas, above. Triple Profit Winner indicator is a trend indicator that works well during strong price momentum. Triple Profit Winner also helps to find weak price fluctuations when the market do not need to go.  The TCCI indicator is interesting. It was either written by or modified by TudorGirl during her short stay on one of the boards. Much like Trend Magic, it has some really good properties, and like any trend-following EA, bad habits during ranging markets. Attached is the indicator, and I'll be working on an EA. Stop losses vary from pair to pair but they are very rarely hit due to either a change in the colour of the TCCI indicator or a new arrow signal going in the opposite direction. I’ve attached a chart to show what i mean. Trading on Gold with this system is recommended on the 4h chart & i back-tested this yesterday.  This is a discussion on Some Free MT4 Indicators within the General Trading Chat forums, part of the Reception category; Mods please feel free to move this thread if you think it would be more appropriate somewhere else. Just thought ... Some Free MT4 Indicators. This is a discussion on Some Free MT4 Indicators within the General Trading Chat forums, part of the Reception category; Mods please feel free to move this thread if you think it would be more appropriate somewhere else. Just thought ... Mata Nui. I am currently testing a nice system which uses TCCI and Supertrend indicators. The TCCI is a good indicator which gives us a good BUY and SELL signals. And Supertrend is used to confirm the signal gives by TCCI. Here are some example of this system. The chart above is a good BUY signal. First, we have to know the current trend of a pair. I am using EMA 50 to know the price direction.  The Commodity Channel Index (CCI) Indicator was developed by Donald Lambert, and is a traditional technical indicator. It is based on the average of the deviation between the Moving Average and the Typical Price (Average of high, low and close). A method that incorporates the CCI Indicator is Woodies CCI, developed by Ken Wood. He trades the CCI by trading several patterns that occurs on it. One pattern traded is the Zero-Line-Reject. Re: Some Free MT4 Indicators. They are not a system or anything specific. As i said they are manily easier ways of looking at things a lot of traders already use. The pinbar indi was originally shared on Pocrels pinbar thread and i beleive he still uses it. Some Free MT4 Indicators. This is a discussion on Some Free MT4 Indicators within the General Trading Chat forums, part of the Reception category; Mods please feel free to move this thread if you think it would be more appropriate somewhere else. Just thought ... Mata Nui.
http://tlc.thinkorswim.com/center/charting/studies/studies-library/V-Z/WoodiesCCI http://fxprosystems.com/triple-profit-winner/ http://www.forexmt4.com/vb/showthread.php?t=11 http://www.adright.co.uk/tag/tcci-indicator/ http://www.trade2win.com/boards/general-trading-chat/152110-some-free-mt4-indicators.html http://gamblisfx.com/tcci-and-supertrend-trading-system/ http://www.indicatorforex.com/content/how-use-cci-indicator http://www.trade2win.com/boards/general-trading-chat/152110-some-free-mt4-indicators.html
what is tcci indicator