Thread: CCI Woodie like
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Old 03-07-2007, 01:55 PM
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Quote:
Originally Posted by ValeoFX
Linuxser, thank you for this indicator. Could you possibly add a feature where one can change the TREND-PERIOD?

Mine allows me to change that as I am not interested in waiting 5 - 6 bars for trend confirmation.

The LSMA should be changed according to the TF traded - I have researched that for almost 6 months a year ago already proving that.

Appreciate your time.

Best wishes.

Ok.

The idea is an option like DoubleCCIWoody_Martin have with the addition of LSMA for the same period right?

5M CCI 14 TCCI6 LSMA 25
15M CCI 20 TCCI10 LSMA 30
30M CCI 34 TCCI12 LSMA 34

With this option: extern bool Automatic_Timeframe_Setting = false;

Iīm right?

I just need to add the deleted code .

Also. Iīm little scared about LSMA.

I was on Woodie room looking the online trades to compare
this indicator with the one that guys are using.
And, I can say we have nothing to envy with eSignal or Trademaven, also Fibonacci Trader. The indicator looks equal, and the behavior is almost equal.

Almost because in 5 mins with different data providers the behavior and the look could be slightly different.

However, by accident, I plotted one LSMA indicator in the bars. And I was completely squeezed looking the differences.

If we plot the indicatorīs LSMA like a moving average there is no reason for see and color change in another place. Both, the CCI LSMA and the LSMA in chart would be equal.

But it doesnīt. Many LSMA indicators posted here in the forum have differences with the original I used from

My idea, after the test in woodies room is our code is the right. But, It would be a nice idea discard which of the many LSMA indicator here in the forum are the right ones.
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