Woodie's CCI User Guide

Woodies CCI
User Guide
Woodies CCI User Guide
October 2006 Edition

PF-14-01-01
Worldwide Technical Support and Product Information
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2006 Nirvana Systems Inc. All rights reserved.

Important Information
Copyright
Under the copyright laws, this publication may not be reproduced or transmitted in any form,
electronic or mechanical, including photocopying, recording, storing in an information retrieval
system, or translating, in whole or in part, without the prior written consent of Nirvana Systems, Inc.
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GroupTrader, OmniTrader, VisualTrader, Adaptive Reasoning Model, ARM, ARM
Knowledge Base, Easy Data, The Trading Game, Focus List, The Power to Trade with
Confidence, The Path to Trading Success, The Traders Advantage, Pattern Tutor , and
Chart Pattern Recognition Module are trademarks of Nirvana Systems, Inc.
Product and company names mentioned herein are trademarks or trade names of their respective
companies.
DISCLAIMER REGARDING USE OF NIRVANA SYSTEMS PRODUCTS

Trading stocks, mutual funds, futures, and options involves high risk including possible loss of
principal and other losses. Neither the software nor any demonstration of its operation should be
construed as a recommendation or an offer to buy or sell securities or security derivative products
of any kind.
Neither Nirvanas OmniTrader, VisualTrader, Nirvana Systems, Inc., nor its employees and
affiliates recommends any specific security for purchase or sale, nor do they recommend any
specific approach to investing in securities. Nirvana Systems, Inc. is not an investment advisory
service nor a registered investment advisor or broker/dealer.
No representation is being made that the methods presented will guarantee profits in trading. Past
performance, whether actual or indicated by historical systems testing, is no guarantee of future
performance or success. Information presented by Nirvana Systems, Inc. is from sources Nirvana
believes are reliable. However, Nirvana has not independently verified such information.
Conventions
The following conventions are used in this manual:
The symbol leads you through nested menu items and dialog box options
to a final action. The sequence FilePage SetupOptions directs you to
pull down the File menu, select the Page Setup item, and select Options
from the last dialog box.
This icon denotes a tip, which alerts you to advisory information.
This icon denotes a note, which alerts you to important information.
bold Bold text denotes items that you must select or click in the software, such
as menu items and dialog box options.
italic Italic text denotes variables, emphasis, a cross reference, or an introduction

to a key concept. This font also denotes text that is a placeholder for a word
or value that you must supply.
Contents
Chapter 1
Getting Started
Woodies CCI Concept ..................................................................................................1
Setting Up Woodies CCI ..............................................................................................1
Installing OmniTrader .....................................................................................1
Updating OmniTrader (If Already Installed) ..................................................2
Installing Woodies CCI..................................................................................2
Registering the Software................................................................................................3
Chapter 2
Woodies CCI Systems
Plotting Woodies CCI Systems ....................................................................................5
Woodies Ghost System (WCI-Ghost) ..........................................................................7
Parameters .......................................................................................................7
Woodies Hook from Extreme (WCI-HFE) ..................................................................8
Parameters .......................................................................................................8
Woodies Horizontal Trendline Break (WCI-HTLB)....................................................9
Parameters .......................................................................................................9
Woodies Reverse Divergence (WCI-RD) ....................................................................10
Parameters .......................................................................................................10
Woodies Shamu System (WCI-Shamu) .......................................................................11
Parameters .......................................................................................................12
Woodies Vegas System (WCI-Vegas) .........................................................................12
Parameters .......................................................................................................13
Woodies Zero Line Reject System (WCI-ZLR)...........................................................13
Parameters .......................................................................................................14
Systems Used for Confirmation.....................................................................................14
Nirvana Systems Inc. vii Woodies CCI User Guide

Contents
Chapter 3
Woodies CCI Indicators & Stops
Woodies Indicator ........................................................................................................ 15
Woodies CCI Indicator .................................................................................. 16
Parameters ........................................................................................ 16
Woodies Stops.............................................................................................................. 17
CCI Crossing Zero Line Stop.......................................................................... 17
Parameters ........................................................................................ 17
CCI Flat Stop .................................................................................................. 18
Parameters ........................................................................................ 18
CCI Hook from Extreme Stop ........................................................................ 18
Parameters ........................................................................................ 18
CCI Hook Stop................................................................................................ 19
Parameters ........................................................................................ 19
CCI Least Squares Moving Average Stop ...................................................... 19
Parameters ........................................................................................ 19
CCI Turbo CCI Crossing into CCI Stop ......................................................... 19
Parameters ........................................................................................ 19
Chapter 4
Woodies CCI Strategies
Activating Trading Strategies........................................................................................ 21
Using the Strategy Menu................................................................................. 23
WCCI Against Trend Strategy ...................................................................................... 23
WCCI with Trend Strategy............................................................................................ 24
WCCI Nirvana Against Trend Strategy ........................................................................ 24
WCCI Nirvana with Trend Strategy.............................................................................. 25
Woodies CCI User Guide viii nirvanasystems.com

Getting Started
1
Congratulations on your purchase of the Woodies CCI plug-in. This document
contains information on the systems, indicators, stops, and strategies included in the
plug-in.
Woodies CCI Concept

A basic Commodity Channel Index (CCI) indicator measures the position of price
relative to the moving average of the securitys price and normal deviation from the
moving average. CCI uses this measurement to determine when a security is
overbought or oversold. Woodies CCI is a plug-in that automates an approach
developed by Ken Woodie. Woodies approach uses the CCI indicator to find
particular patterns in the market.
The Woodies CCI Plug-in is designed to find short-term trading opportunities using
a series of systems, indicators, and stops developed by Nirvana Systems. In addition
to targeted systems, indicators, and stops, the Woodies CCI plug-in includes
strategies designed to help you find specific setups.
Setting Up Woodies CCI

Before you begin using Woodies CCI, you must install OmniTrader 2007. If you
have OmniTrader installed, you do not need to reinstall it. However, you should
update the program to the latest version of OmniTrader by completing the Updating
OmniTrader (If Already Installed) section in this chapter.
Installing OmniTrader
Follow these instructions to install OmniTrader for the first time:
1. Insert the OmniTrader CD into the CD-ROM drive. The installation should begin
automatically.
Nirvana Systems Inc. 1 Woodies CCI User Guide

Chapter 1 Getting Started
If it does not, click StartRun from the Windows Start menu. Type x:\setup.exe
(where x is the CD-ROM drive you are using) in the command line box and click
OK.
Figure 1-1. Run Dialog Box in Microsoft Windows
2. Follow the instructions that appear in the installation wizard dialog boxes.
Updating OmniTrader (If Already Installed)

Follow these instructions to update your previously installed version of OmniTrader:
1. Make sure you are connected to the Internet.
2. In Windows, click StartProgramsOmniTrader2007OmniTrader Updater.
You will be redirected to the OmniTrader Support website.
3. Select the update you want to install from the Update Type drop-down menu and
click the Next button.
4. Follow the on-screen instructions to update to the latest release.
Installing Woodies CCI

Follow these instructions to install the Woodies CCI plug-in:
1. Go to www.omnitrader.com/omnitrader/WCCI using Internet Explorer.
2. Enter your Nirvana ID and Password.
3. Click Login.
4. Follow the instructions that appear in the installation wizard dialog boxes.
Woodies CCI User Guide 2 nirvanasystems.com

Chapter 1 Getting Started
Registering the Software

Before you can use the Woodies CCI plug-in, you must register the software. In
order to register, you will need your customer number and your CD-Key, which are
supplied on the email that you received when you purchased the product.
1. Double-click on the OmniTrader icon on your desktop to launch the program or
select StartProgramsOmniTrader 2007OmniTrader 2007.
2. If the Product Registration dialog box does not appear, select HelpRegistration.
product
Figure 1-2. Product Registration Dialog Box
3. Enter your Name, Company (if applicable), Customer Number, and CD-Key.
The Customer Number and CD key are included in the email you received when
you purchased the product.
4. Click OK to accept the entered registration information.

Woodies CCI Systems
2
The Woodies CCI Systems plug-in contains the following systems:
Woodies Ghost (WCI-Ghost)
Woodies Hook from Extreme (WCI-HFE)
Woodies Horizontal Trendline Break (WCI-HTLB)
Woodies Reverse Divergence (WCI-RD)
Woodies Shamu (WCI-Shamu)
Woodies Vegas (WCI-Vegas)
Woodies Zero Line Reject (WCI-ZLR)
The Woodies CCI systems are designed to be traded in one of the following ways:
with the trend (trend agreement), against the trend (counter-trend), or both. The trend
is determined by the Woodies CCI indicator. For more information on trading
Woodies CCI, refer to www.woodiescciclub.com. The following sections detail each
of the systems included with the Woodies CCI plug-in.
After you install the Woodies CCI plug-in, you will notice that you can add the
systems to the System and Confirm blocks of your strategies. As with all other
systems, you can use the Woodies CCI systems confirm signals in other strategies,
generate exits, and even to generate signals using the Vote block. For more
information, refer to Chapter 4, Woodies CCI Strategies.
Plotting Woodies CCI Systems

You can plot the Woodies CCI systems on your charts by enabling them on the
Systems tab of the Chart Options dialog box.
1. Select ViewChart Options.
2. Click on the Systems tab to see a list of the systems installed on your computer.

Chapter 2 Woodies CCI Systems
Note The system you select will remain plotted until you deselect it or click
the All Off button.
sys tab
Figure 2-1. Systems Tab on the Chart Options Dialog Box

3. Activate the system(s) you would like to apply by placing a checkbox in the
Enable column. The systems that are selected to run in the current profile are
indicated with a check mark to the left of their name.
Woodies Ghost System (WCI-Ghost)

The Woodies Ghost pattern is a counter-trend pattern and resembles a head and
shoulders pattern but does not have to meet the same rules as the head and shoulders
pattern. For example, the Woodies Ghost pattern does not have to cross the neckline
for the pattern to be complete.
The Woodies Ghost pattern is formed by a Reverse Divergence pattern followed by

a Shamu pattern, both moving in the same direction either to the upside or to the
downside.
Figure 2-2. Woodies Ghost Pattern
Parameters
The Woodies Ghost system uses the following parameters:
CCI PeriodsDefines the number of bars used in the CCI calculation. The
default value is 14.
SensitivitySpecifies the minimum size of peaks and valleys to be considered in
the calculation. The default value is 10.

Exit MagnitudeSpecifies how far the CCI must move away from the last
vertex in order to complete the pattern. The default value is 10.
Inner ThresholdSpecifies the region above or below the Zero Line in which
the pattern must occur. The default value is 50.
Woodies Hook from Extreme (WCI-HFE)

The Woodies Hook from Extreme pattern is formed by the CCI crossing into extreme
values, followed by a downturn in CCI of the specified magnitude. This pattern
occurs when the CCI line exceeds the extreme threshold then reverses back against
the trend toward the Zero Line. This is a counter trend pattern.
Figure 2-3. Woodies Hook from Extreme Pattern
Parameters
The Woodies Hook from Extreme system uses the following parameters:
Extreme ThresholdThe threshold that must be reached to start the pattern. The
Hook MagnitudeThe magnitude of the hook which must occur for the pattern
to be recognized. The default value is 10.

Woodies Horizontal Trendline Break (WCI-HTLB)

The Woodies Horizontal Trendline Break pattern can be traded both counter-trend
and with the trend. This pattern is identified by peaks and valleys that line up to across
the chart to form a line break. When the line is broken, a trade is signaled.
Figure 2-4. Woodies HTLB Pattern
Parameters
The Woodies Horizontal Trendline Break system uses the following parameters:
Pivot SensitivitySpecifies the minimum size of peaks and valleys to be
considered in the calculation. The default value is 30.
CushionSpecifies the region surrounding the horizontal line in which pivots
must occur in order to be considered valid. The default value is 10.

Pivots on LineSpecifies the number of pivot points that must occur on the
horizontal trend line. The default value is 2.
Woodies Reverse Divergence (WCI-RD)

The Woodies Reverse Divergence pattern is formed when the CCI approaches or
crosses the zero line, turns back toward the previous levels, then repeats this same
process again with the second pattern appearing more pronounced. The Woodies
Reverse Divergence is a trend agreement pattern.
Figure 2-5. Woodies Reverse Divergence Pattern
Parameters
The Woodies Reverse Divergence system uses the following parameters:
Pivot SensitivitySpecifies the minimum size of peaks and valleys to be
considered in the calculation. The default value is 30.

Exit MagnitudeSpecifies the distance the CCI must move from the last vertex
in order to complete the pattern. The default value is 10.
Origin ThresholdSpecifies the extreme values from which the pattern must
originate. The default value is 120.
LookbackSpecifies the maximum number of bars in which the pattern must
form. The default value is 15.
Woodies Shamu System (WCI-Shamu)

Woodies Shamu pattern is formed by the reversal of a Zero Line Reject pattern. That
is, the pattern occurs when the CCI approaches or crosses the zero line, turns back
toward previous levels, then reverses direction again. It is sometimes also called
Woodies Famir Pattern. The CCI does not have to break the level of the zero line for
a Shamu Pattern to be complete. This is a counter-trend pattern.
Figure 2-6. Woodies Shamu Pattern

Parameters
The Woodies Shamu system uses the following parameters:
Reject MagnitudeSpecifies the distance the CCI must move away from the
first vertex in order to initiate the pattern. The default value is 10.
Exit MagnitudeSpecifies the distance the CCI must move away from the
second vertex for the pattern to be complete. The default value is 10.
Woodies Vegas System (WCI-Vegas)

Woodies Vegas pattern is formed by the CCI retreating from an extreme, followed
by a rounding of the CCI, then a reversal which moves past the recent extreme. This
is a counter-trend pattern.
Figure 2-7. Woodies Vegas Pattern

Parameters
The Woodies Vegas system uses the following parameters:
Round BarsSpecifies the minimum number of bars to allow with same
concavity. The default value is 3.
Woodies Zero Line Reject System (WCI-ZLR)

A Zero Line Reject pattern occurs when the CCI approaches or crosses the zero line
then turns back toward the previous levels. This is a trend agreement pattern.
Figure 2-8. Woodies Zero Line Reject Pattern

Parameters
The Woodies Zero Line Reject system uses the following parameters:
Reject MagnitudeSpecifies the distance the CCI must move away from the
vertex for a valid zero line reject pattern to occur. The default value is 10.
form.The default value is 15.
Systems Used for Confirmation

In addition to the systems above which generate signals, the Woodies CCI plug-in
also uses the following additional systems for confirmation signals:
Commodity Channel Index Crossover (CCI-C)
Commodity Channel Index Zero Line Crossover (CCI-ZLC)
Woodies Commodity Channel Index Trendline Break (WCI-TLB)

Woodies CCI Indicators & Stops
3
This chapter contains information on the indicators and stops included with the
Woodies CCI plug-in. You will find details on accessing the indicators and stops as
well as their definitions and parameters.
Woodies Indicator
The Woodies CCI plug-in includes one indicator, the Woodies CCI indicator. You
can plot the Woodies CCI indicator on your charts by enabling it on the Indicators
tab of the Chart Options dialog box.
1. Select ViewChart Options.
2. Click on the Indicators tab to see a list of the indicators installed on your
computer.
Note The indicator you select will remain plotted until you deselect it or
click the All Off button.
ind tab
Figure 3-1. Systems Tab on the Chart Options Dialog Box
3. Activate the indicator(s) you would like to apply by placing a checkbox in the
Enable column. The indicators that are selected to run in the current profile are
indicated with a check mark to the left of their name.

Chapter 3 Woodies CCI Indicators & Stops
Woodies CCI Indicator

This indicator calculates the trend by counting the number of consecutive bars in
which the CCI is above the zero line. After the trend has been set, it stays in effect
until the lookback period expires or until the trend is reversed by the specified number
of consecutive bars on the opposite side of the zero line.
cci indicator
Figure 3-2. Woodies CCI Indicator Plotted on Chart
Parameters
The Woodies CCI indicator uses the following parameters:
Trend PeriodsSpecifies the number of bars necessary to signal a trend
reversal. The default value is 5.

LSMA PeriodsSpecifies the number of bars used in the least squares moving
average (LSMA) calculation. The default value is 25. For more information on the
LSMA, refer to www.woodiescciclub.com.
TCCI PeriodsSpecifies the number of bars used in the turbo commodity
channel index (TCCI) calculation. The default value is 6. For more information
on the TCCI, refer to www.woodiescciclub.com.
Woodies Stops
The Woodies CCI plug-in contains the following stops:
CCI Crossing Zero Line Stop
CCI Flat Stop
CCI Hook from Extreme Stop
CCI Hook Stop
CCI Least Squares Moving Average Stop
CCI Turbo CCI Crossing into CCI Stop
You can add stops to your strategies by double-clicking on the Orders block in any
strategy. From the Exits tab, you can enable, optimize, and set parameters for each of
the Woodies CCI plug-in stops.
CCI Crossing Zero Line Stop

This stop sends a signal to exit the position if the CCI crosses the Zero Line against
the direction of the trade.
Parameters
The Woodies CCI Crossing Zero Line Stop uses the following parameters:

CCI Flat Stop

This stop sends a signal to exit the position if the CCI does not move outside a
specified cushion during a set number of previous periods.
Parameters
The Woodies CCI Flat Stop uses the following parameters:
DurationSpecifies the number of bars in which the CCI must break the cushion
to avoid an exit. The default value is 5.
CushionSpecifies the amount the CCI must move to avoid being considered
flat. The default value is 5.
CCI Hook from Extreme Stop

This stop sends a signal to exit the position if the CCI reaches a specified extreme
value then pulls back a specified amount.
Parameters
The Woodies Hook from Extreme Stop uses the following parameters:
ExtremeSpecifies the extreme value the CCI must obtain to initiate the pattern.
The default value is 200.
MagnitudeSpecifies the magnitude of retreat the CCI must make from the
extreme value for an exit to occur. The default value is 10.

CCI Hook Stop

This stop sends a signal to exit the position if the CCI turns against the direction of
the trade by the specified amount.
Parameters
The Woodies CCI Hook Stop uses the following parameters:
MagnitudeSpecifies the size of move against the position required for an exit
to occur. The default value is 10.
CCI Least Squares Moving Average Stop

This stop sends a signal to exit the position if the LSMA of the price turns against the
direction of the trade. This is the only Woodies CCI stop that uses the price of an
issue rather than the CCI.
Parameters
The Woodies Least Squares Moving Average Stop uses the following parameters:
LSMA PeriodsSpecifies the number of periods used to calculate the LSMA.
The default value is 25.
CCI Turbo CCI Crossing into CCI Stop

This stop sends a signal to exit the position if the TCCI crosses to the inside of the
CCI.
Parameters
The Woodies TCCI into CCI Stop uses the following parameters:
TCCI PeriodsDefines the number of bars used in the TCCI calculation. The
default value is 6.

Woodies CCI Strategies
4
A Trading Strategy refers to a set of blocks, or trading components, that define when
to get into a trade, on what conditions to enter the trade, and when to get out. A
Trading Strategy, in its simplest form, could merely consist of an entry signal and an
exit. When you add filters, confirmers, and voters, you are able to refine the initial
signal and improve the performance of a strategy. You can construct strategies that
filter out unwanted signals, confirm against other securities, require specific chart
conditions, and many other various factors that lead to a clearly defined trading
opportunity.
Your installation provides you with several Trading Strategies that you can use to find
candidates. While all of these strategies are editable, it is recommended to save any
changes made to the supplied strategies under a different. This will keep the initial
settings of these strategies intact for future use or reference.
There are four Woodies CCI strategies included with the plug-in. WCCI against
Trend and WCCI with Trend are designed based on Woodies specifications. WCCI
Nirvana against Trend and WCCI Nirvana with Trend are Nirvana Systems in-house
versions that we have developed using the Woodies CCI tools detailed in this
document.
Activating Trading Strategies

The Woodies CCI strategies use various configurations of the systems provided in
the plug-in to generate signals. You can enable the Woodies CCI strategies from the
To Do List in OmniTrader.
1. Select ViewTo Do List.

Chapter 4 Woodies CCI Strategies
2. Click on the Strategies tab, and you will see a list of the strategies installed on
your system.
strats tab
Figure 4-1. Strategies Tab in the To Do List
3. Activate the strategy you would like to use by placing a checkbox in the Enable
column. The strategies that are selected to run in the current profile are indicated
with a check mark to the left of the strategy name. If you want to edit a strategy,
highlight it and click on the Edit button or simply double-click on it.

Using the Strategy Menu

The Strategy menu provides you with quick access to the analysis and signals
generated for each of your trading strategies, as well as immediate access to the
strategys flow chart. The Strategy menu is located at the top of your OmniTrader
screen.
strats menu
Figure 4-2. Strategy Menu
When you select a strategy from the drop-down menu, your Focus List and Vote Line
will reflect the results of the selected Strategy(s). You can access the flow chart for
any strategy by selecting it from the drop-down menu and then clicking on the
Strategy (chess piece) icon next to the strategy name.
For details about using Trading Strategies in OmniTrader, refer to Chapter 6, Trading
Strategies, in the OmniTrader User Guide.
WCCI Against Trend Strategy

The Woodies CCI Against Trend strategy trades the Woodies counter-trend systems
on a daily timeframe. Confirmation is provided by the CCI Zero Line Crossover
system, CCI Crossover system, and CCI trendline breaks.
woodies against strat
Figure 4-3. Flow Chart for the Woodies CCI Against Trend Strategy
Trades are only taken when they are against the trend, as given by the Woodies CCI
indicator. The full range of Woodies CCI stops in the Orders block provides
extremely quick exits at the first sign of weakness in the CCI. Trades generated by
this strategy generally last 2 to 3 bars.

WCCI with Trend Strategy

The Woodies CCI with Trend strategy trades the Woodies trend agreement systems
on a daily timeframe. Confirmation is provided by the CCI Zero Line Crossover
system, CCI Crossover system, and CCI trendline breaks
woodies with strat
Figure 4-4. Flow Chart for the Woodies CCI with Trend Strategy
Trades are only taken when they agree with the trend, as given by the Woodies CCI
indicator. The full range of Woodies CCI stops in the Orders block give extremely
quick exits at the first sign of weakness in the CCI. Trades generated by the strategy
generally last 2 to 3 bars.
WCCI Nirvana Against Trend Strategy

This strategy trades the Woodies counter-trend systems on a daily timeframe to find
reversal patterns.
nirvana against strat
Figure 4-5. Flow Chart for the Nirvana CCI Against Trend Strategy
Confirmation is provided by the Trading Band Crossover system, Bollinger Band

Crossover system, Short Term Trendline Breaks system, and Long term Trendline
Reversals system. The filter using the Trend Intensity Index ensures the trading
vehicle is not in an absolute freefall. The stops in the Orders block provide a swing
type trade lasting an average of 7 bars.

WCCI Nirvana with Trend Strategy

This strategy trades the Woodies trend agreement systems on a daily timeframe to
find continuation patterns. Confirmation is provided by the Volatility Breakout
system.
nirvana with strat
Figure 4-6. Flow Chart for the Nirvana CCI with Trend Strategy
Trades are only taken when there is a steady trend indicated by the Moving Average
Crossover Count falling below 100. The stops in the Orders block provide a swing
type trade lasting an average of 7 bars.

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Woodies CCI

Woodies CCI User Guide

October 2006 Edition

Nirvana Systems Corporate Headquarters

Technical Support Information

To comment on the documentation, send email to documentation@nirvanasystems.com.

2006 Nirvana Systems Inc. All rights reserved.

DISCLAIMER REGARDING USE OF NIRVANA SYSTEMS PRODUCTS

The following conventions are used in this manual:

This icon denotes a tip, which alerts you to advisory information.

This icon denotes a note, which alerts you to important information.

italic Italic text denotes variables, emphasis, a cross reference, or an introduction

Nirvana Systems Inc. vii Woodies CCI User Guide

Woodies CCI User Guide viii nirvanasystems.com

Woodies CCI Concept

Setting Up Woodies CCI

Nirvana Systems Inc. 1 Woodies CCI User Guide

Figure 1-1. Run Dialog Box in Microsoft Windows

Updating OmniTrader (If Already Installed)

Installing Woodies CCI

Woodies CCI User Guide 2 nirvanasystems.com

Registering the Software

Figure 1-2. Product Registration Dialog Box

Nirvana Systems Inc. 3 Woodies CCI User Guide

Plotting Woodies CCI Systems

Nirvana Systems Inc. 5 Woodies CCI User Guide

Figure 2-1. Systems Tab on the Chart Options Dialog Box

Woodies CCI User Guide 6 nirvanasystems.com

Woodies Ghost System (WCI-Ghost)

The Woodies Ghost pattern is formed by a Reverse Divergence pattern followed by

Figure 2-2. Woodies Ghost Pattern

Nirvana Systems Inc. 7 Woodies CCI User Guide

Woodies Hook from Extreme (WCI-HFE)

Figure 2-3. Woodies Hook from Extreme Pattern

Woodies CCI User Guide 8 nirvanasystems.com

Woodies Horizontal Trendline Break (WCI-HTLB)

Figure 2-4. Woodies HTLB Pattern

Nirvana Systems Inc. 9 Woodies CCI User Guide

Woodies Reverse Divergence (WCI-RD)

Figure 2-5. Woodies Reverse Divergence Pattern

Woodies CCI User Guide 10 nirvanasystems.com

Woodies Shamu System (WCI-Shamu)

Figure 2-6. Woodies Shamu Pattern

Nirvana Systems Inc. 11 Woodies CCI User Guide

Woodies Vegas System (WCI-Vegas)

Figure 2-7. Woodies Vegas Pattern

Woodies CCI User Guide 12 nirvanasystems.com

Woodies Zero Line Reject System (WCI-ZLR)

Figure 2-8. Woodies Zero Line Reject Pattern

Nirvana Systems Inc. 13 Woodies CCI User Guide

Systems Used for Confirmation

Woodies CCI User Guide 14 nirvanasystems.com

Figure 3-1. Systems Tab on the Chart Options Dialog Box

Nirvana Systems Inc. 15 Woodies CCI User Guide

Woodies CCI Indicator

Figure 3-2. Woodies CCI Indicator Plotted on Chart

Woodies CCI User Guide 16 nirvanasystems.com

CCI Crossing Zero Line Stop

Nirvana Systems Inc. 17 Woodies CCI User Guide

CCI Flat Stop

CCI Hook from Extreme Stop

Woodies CCI User Guide 18 nirvanasystems.com

CCI Hook Stop

CCI Least Squares Moving Average Stop

Woodie's CCI User Guide

Woodie's CCI User Guide