Trading Zero-Level Crossings with the SuperWoodiesCCI Indicator
Summary
This Expert Advisor trades signals from the SuperWoodiesCCI indicator. It opens a trade when the indicator crosses the zero level, with the signal evaluated after the bar closes. The advisor can add the indicator to the chart automatically, using the same input settings as the advisor; it displays only when its timeframe matches the chart.
The document says tests used the default advisor settings and did not use stop-loss or take-profit orders. It refers to a 2011 test on USDCHF at the four-hour timeframe and includes a chart of results, but provides no numerical performance measures or detailed test methodology. The example therefore explains a simple indicator-triggered entry rule, while offering too little evidence to assess profitability, risk, or robustness. The absence of protective exits in the described test is a material limitation.
Key ideas
- The strategy enters when SuperWoodiesCCI crosses zero, checking the signal at bar close.
- The indicator can be added automatically to the chart by the Expert Advisor.
- The documented test used default inputs and no stop-loss or take-profit.
- The results reference a 2011 USDCHF four-hour test but provide no quantitative metrics.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.