About the All Woodies CCI Dashboard Indicator
The All Woodies CCI Dashboard indicator for MT4 provides traders with a comprehensive view of CCI Woodies across 9 different timeframes in a single dashboard window.
It combines CCI, EMA, LSMA, and a trend direction component to give a clear picture of market conditions.
The indicator oscillates above and below the zero level. Histograms above zero indicate bullish momentum, while histograms below zero suggest bearish momentum.
Blue histograms highlight potential buy opportunities, and red histograms highlight potential sell opportunities.
Traders can quickly see the overall market trend: if most histograms are blue, the trend is upward; if most are red, the trend is downward.
This dashboard approach allows traders to analyze multiple timeframes simultaneously and make more informed decisions.
Free Download
Download the “all-woodies-cci.ex4” MT4 indicator
Key Features
- Displays CCI Woodies for 9 different timeframes in one dashboard.
- Includes CCI, EMA, LSMA, and trend direction components.
- Blue histograms indicate bullish conditions while red indicate bearish.
- Shows overall market trend at a glance.
- Helps identify trade opportunities across multiple timeframes quickly.
Indicator Chart
The All Woodies CCI Dashboard chart shows multiple histograms representing different timeframes.
Blue histograms signal bullish momentum, and red histograms signal bearish momentum.
Traders can use the dashboard to spot strong trends or areas of divergence for potential entries and exits.
Guide to Trade with All Woodies CCI Dashboard Indicator
Buy Rules
- Confirm most histograms are blue, indicating an upward trend.
- Look for individual blue histogram spikes for entry opportunities.
- Open a buy trade when the trend aligns across your preferred timeframe.
- Ignore buy signals if the overall trend is red.
Sell Rules
- Confirm most histograms are red, indicating a downward trend.
- Look for individual red histogram spikes for entry opportunities.
- Open a sell trade when the trend aligns across your preferred timeframe.
- Ignore sell signals if the overall trend is blue.
Stop Loss
- For buy trades, place the stop-loss below the nearest swing low or support level.
- For sell trades, place the stop-loss above the nearest swing high or resistance level.
Take Profit
- Close buy trades when a red histogram appears on your trading timeframe.
- Close sell trades when a blue histogram appears on your trading timeframe.
- Optionally, use a fixed profit target based on your preferred risk/reward.
All Woodies CCI Dashboard + X Super Trend Candles Forex MT4 Strategy
This MT4 strategy combines the All Woodies CCI Dashboard MT4 indicator and the X Super Trend Candles MT4 indicator.
The All Woodies CCI Dashboard provides signals based on the zero line: a buy signal occurs when the indicator crosses above zero from below (blue histogram), and a sell signal occurs when it crosses below zero from above (red histogram).
The X Super Trend Candles indicator helps confirm the trend by coloring candles: green for bullish trends and red for bearish trends.
Using these indicators together improves signal reliability by combining momentum-based entry with trend confirmation.
This strategy works best on M15 and H1 charts and is suitable for major and cross currency pairs with clear trend movement.
Buy Entry Rules
- The All Woodies CCI Dashboard crosses above zero from below, creating a blue histogram.
- The X Super Trend Candles show a series of green candles, confirming a bullish trend.
- Enter a long trade immediately after both conditions are met.
- Place a stop loss below the recent swing low or below the nearest support level.
- Take profit near the next resistance level or allow the trade to run while the CCI remains above zero and candles remain green.
Sell Entry Rules
- The All Woodies CCI Dashboard crosses below zero from above, creating a red histogram.
- The X Super Trend Candles show a series of red candles, confirming a bearish trend.
- Enter a short trade immediately after both conditions are met.
- Place a stop loss above the recent swing high or above the nearest resistance level.
- Take profit near the next support level or allow the trade to run while the CCI remains below zero and candles remain red.
Advantages
- Combines momentum-based CCI signals with trend confirmation from candles.
- Helps avoid false signals in choppy markets by requiring trend alignment.
- Provides clear entry and exit points based on indicator alignment.
- Flexible take profit management based on market structure rather than fixed ratios.
Drawbacks
- May produce false signals in range-bound markets where CCI oscillates near zero.
- Requires patience to wait for both CCI and candle confirmation.
- Trades may be limited during low volatility periods, reducing overall frequency.
Example Case Study 1 (EURUSD M15 bullish trade)
On EURUSD M15, the All Woodies CCI crossed above zero at 1.1050, producing a blue histogram.
The X Super Trend Candles displayed a series of green candles confirming the bullish trend.
A buy trade was entered at 1.1052 with a stop loss at 1.1038.
Price rose steadily and the trade was closed near the next resistance level at 1.1078, capturing 26 pips.
Example Case Study 2 (GBPUSD H1 bearish trade)
On GBPUSD H1, the All Woodies CCI crossed below zero at 1.2655, producing a red histogram.
The X Super Trend Candles showed a series of red candles, confirming the bearish trend.
A short trade was entered at 1.2654 with a stop loss at 1.2670.
Price dropped to the next support level at 1.2625, capturing 29 pips before the trend showed signs of reversal.
Strategy Tips
- Focus on trading during active market sessions for stronger trend signals.
- Wait for both CCI zero-line cross and candle trend confirmation before entering trades.
- Check higher time frames to align trades with major market trends.
- Use trailing stops to protect profits while allowing trends to run.
- Monitor multiple currency pairs but avoid overtrading.
- Skip trades if either the CCI or candle trend is not clearly aligned to maintain accuracy.
Download Now
Download the “all-woodies-cci.ex4” Metatrader 4 indicator
FAQ
Can this indicator be used across all currency pairs?
Yes, you can use the All Woodies CCI Dashboard on any currency pair to monitor multiple timeframes simultaneously.
Does it show the overall trend clearly?
Yes, the dashboard highlights the majority color of the histograms, giving traders a quick visual of the overall market trend.
How should I interpret mixed histogram colors?
If histograms are mixed, traders should wait for trend alignment before entering trades, or focus on the dominant trend direction.
Can I adjust the dashboard settings?
Yes, traders can customize the indicator’s inputs, including periods and the number of timeframes displayed, to suit their trading style.
Summary
The All Woodies CCI Dashboard indicator for MT4 offers Forex traders a powerful way to track CCI momentum across multiple timeframes.
Blue and red histograms make it easy to identify bullish and bearish conditions quickly.
This indicator is ideal for traders who want a consolidated view of trends without opening multiple charts.
By monitoring several timeframes at once, traders can make better-informed entry and exit decisions and stay aligned with the overall market momentum.
Traders can use the dashboard to spot trend strength, detect reversals early, and plan trades efficiently across different currency pairs and timeframes.
