Woodies CCI Trend Filter is a chart-overlay signal indicator that applies Woodies-style CCI logic to generate practical BUY/SELL entries, then optionally filters those signals using an EMA trend strength check and a volume confirmation rule to reduce noise.
How It Works
CCI engine (Woodies logic): Uses CCI (default 14) with classic thresholds (default +100 / -100), plus slope (rising/falling), zero-line state, and CCI momentum.
Trend bias via CCI: “Trend Up” = CCI > 0 and rising. “Trend Down” = CCI < 0 and falling.
Reversal behavior: “Reversal Up” = CCI below oversold and turning up. “Reversal Down” = CCI above overbought and turning down.
Zero-line behavior: Detects CCI crossing above/below 0 as a directional trigger component.