1.woodies 14 CCI and 6 turbo CCI with coloured histograms that show the trend2.chop zone indicator to show the prevailing trend3. sidewinder to show the strength of the trend4.LSMA or least square MA

Pivot points which are used by Woodies too.

The only thing I have added is double Bollinger bands which give me additional info about1. trending/ranging market2. volatility which are not evident on cci.

Before entering the trade, I see1. trending/ ranging market from bollinger bands. Ref. Boris Schlossberg's book on TA2. Momentum from woodies CCI panel and his 8 pattterns3. volatility from Bollinger bands4.Intraday pivot points for targets5. previous day HLC as supports and resistance6. Index and general market conditions.

Yes...Vegas pattern is seen at the end of the trend when momentum comes all the way down from overbought condition above 200 CCI and then crosses below 100....again trend chasers jump in and try to push the price along the trend...however....majority of traders are taking profits and new shorts join them.When CCI is between 100 and 200, the price is nicely trending and swing low between 100-200 shuld not be taken as vegas trade.

Here are the criteria for vegas trade.

VEGAS TRADE1) CCI MUST cross 200 line in the established direction of the trend.2) CCI then reverses and MUST cross the 100 line.3) CCI starts rounding after making a swing low/high.

4) CCI rounding can look like a cup OR peaks and valleys.5) CCI rounding of between 3 and 10 bars is required.6) CCI may or may not cross the 100 line during the rounding period.7) CCI crossing of the swing low/high after the rounding is the trigger.8) LSMA SHOULD BE green for upside move and red for downside move.9) CZI and SI are NOT used.

Here is the concise summary of all CCI pattern criteria.With the trend patterns based on Woodie Doc 1.1 (03/2007)

ZLR1) Trend SHOULD BE in place. At least 6 bars or more.2) CCI above 100 during the trend.3) CCI dips below 100. Can go to ZL, even cross it.4) Chop zone is Blue or Brown for at least 3 points or more in the trend direction.5) Sidewinder is yellow or green.6) CCI points change between bars must be +15 to +20 (Green or Blue).7) CCI turns up and stays up with 20secs to bar close. This is the trigger.8) CCI bar must not close above 120. That would be chasing a trade.9) LSMA is NOT used.

TLB1) CCI SHOULD BE in an established trend above 100 line.2) CCI is preferred to be in a trend above the 200 line.3) Chop zone indicator is NOT used.4) Sidewinder in NOT used.5) LSMA is NOT used.6) Trend Line Break is the trigger.7) The closer the actual trend-line break is to the Zero Line the better.

TONY TRADE1) CCI SHOULD BE in an established trend (at least 6 bars or more).2) CCI prints a minimum 4 bars on the other side of Zero Line (against the trend).3) CCI SHOULD NOT print more than 9 bars on the other side of Zero Line.4) NOT A SINGLE BAR on the other side should CROSS the 100 line.5) Look for TLB now. Then the crossing of the Zero line triggers the trade.6) TLB alone may also trigger the trade. This may be termed an aggressive trade.7) LSMA, CZI, SI are NOT used in this trade.

GB100 (A ZLR that has gone too far)1) CCI SHOULD BE in an established trend (at least 6 bars or more).2) CCI goes to the other side of the Zero Line.3) CCI crosses the 100 line on the other side.4) CCI SHOULD NOT print more than 6 bars on the other side.5) TLB back towards the original trend AND crossing the 100 line is the trigger.6) CZI SHOULD BE Blue/Brown IN AGREEMENT with the ORIGINAL TREND.7) LSMA and SI are NOT used.

Against the trend patterns

FAMIR1) It is a FAILED ZLR.2) LSMA SHOULD BE green for upside FAMIR and red for downside FAMIR.3) The FAMIR SHOULD form between the +50 and -50 lines.4) Completion of the Z shape at 20secs to bar close is the trigger.5) CZI is NOT used.6) SI is NOT used.

VEGAS TRADE1) CCI MUST cross 200 line in the established direction of the trend.2) CCI then reverses and MUST cross the 100 line.3) CCI starts rounding after making a swing low/high.4) CCI rounding can look like a cup OR peaks and valleys.5) CCI rounding of between 3 and 10 bars is required.6) CCI may or may not cross the 100 line during the rounding period.7) CCI crossing of the swing low/high after the rounding is the trigger.8) LSMA SHOULD BE green for upside move and red for downside move.9) CZI and SI are NOT used.

GHOST1) CCI must make 3 peaks encapsulating 2 valleys.2) The 2 valleys are connected by drawing a line.3) This line is also extended to the right (in the future).4) CCI violation of this line for a 3rd time triggers the trade.5) CZI, SI, LSMA are NOT used.6) GHOST can form in any direction with any slant.7) Woodie believes the slant towards the Zero Line is preferable.8) A Ghost is a Ghost is a Ghost.

Rules for Exiting Trades using Woodies CCI 

Woodie's exit signals are the same for all of Woodie's patterns. Below is a list of Woodie's exit signals: "The key is to find the one that meets your trading style" 

CCI Exit Signals 

1. CCI hooking or going flat ----> When the CCI 14 is hooking or in a horizontal direction. 

2. CCI Trend Line Break (TLB) ---> When the CCI 14 crosses over a trend line. 3. Turbo CCI crossing into the CCI ---->When the TCCI 6 crosses over the CCI 14. 4. CCI cross of the zero-line (ZLC)---> When the CCI 14 crosses over the CCI zero-line. 5. CCI hook from extremes (HFE)----> When the CCI 14 hooks at or past the CCI +/-200 region. 

6. CCI not moving / no progress-----> When the CCI stops progressing in the direction of our trade. 7. Profit about equal to hard-stop---> Profit in ticks reaches about equal to that of hard-stop loss.