The All Woodies CCI Dashboard Metatrader 4 forex indicator displays CCI Woodies in one convenient chart window for 9 different time frames.
All Woodies CCI consists of CCI, EMA, LSMA and a trend direction component.
The indicator oscillates above and below the zero mark.
Above its zero mark is bullish while below its zero mark is bearish.
A blue colored Woodies CCI histogram is considered to be bullish and traders look for buy trade opportunities.
A red colored Woodies CCI histogram is considered to be bearish and traders look for sell trade opportunities.
Moreover, the forex indicator gives you a handy overview of the overall trend.
- The overall trend is said to be upward when most Woodies CCI histograms are colored blue
- The overall trend is said to be downward when most Woodies CCI histograms are red blue
Free Download
Download the “all-woodies-cci.ex4” MT4 indicator
Indicator Chart (EUR/USD H1)
The EUR/USD 1-Hour chart below displays the All Woodies CCI Dashboard Metatrader 4 Forex indicator in action.
Basic Trading Signals
Signals from the All Woodies CCI Dashboard MT4 forex indicator are easy to interpret and go as follows:
Buy Signal: Open buy trade position when the All Woodies CCI indicator crosses back above its zero mark from below (blue histogram). Verify the overall bullish trend.
Sell Signal: Open sell trade position when the All Woodies CCI indicator crosses back below its zero mark from above (red histogram). Verify the overall bearish trend.
Trade Exit: Close the open buy/sell trade when an opposite signal occurs, or use your own method of trade exit.
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
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Chart pattern indicator
Customization options: Variable (CCI period, Trend period, EMA period, LSMA period) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: oscillator
