Woodies CCI was introduced by Ken Wood and the system has been named after him. It belongs to the category of momentum indicator. Before focus on the Woodies CCI, let’s clear the idea about CCI or Commodity Channel Index. Donald Lambert developed the CCI indicator in 1980. It is a versatile indicator, by using the […]
Commodity Channel Index Indicator (CCI Indicator)
Commodity Channel Index indicator (CCI) was introduced by Donal Lambert. CCI measures the variations of the price of a stock with respect to its statistical mean. Contrary to the meaning derived from its name, the CCI works well with any stock or index. High values of CCI show that the stock price is high compared to […]