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Hi,
I have been studying woodies method since March last year. I have
been spending around three to five hours a day watching woodies
pattern on Esignal and Amibroker.
My understanding is that woodies system is a discretionary system
based on pattern recognition and support and resistance lines. I
have not been able to program woodies system in amibroker. My
trades are triggered when I visually spot a CCI Pattern. Since 5 of
January until today seventy percent of my trades are winners using
woodies system.
I also think that not every pattern that is visible and straight
forward to the eye can be programmed. Discretionary trading works
from some people, system trading work for other people, a
combination of system and discretionary trading works for other
people. I place myself in the last category.
Regards
Guno
--- In amibroker@xxxxxxxxxxxxxxx, "Fred" <ftonetti@xxxx> wrote:
>
> What I found "interesting" about Woodies philosiphy was that all
the
> rules were supposed to be crystal clear ... until they were
written
> and backtested. Then it was a different story along the lines
of ...
> oh it's too complicated to code etc ... total nonsense ... That
> doesn't mean the METHOD doesn't work ... maybe it does ... but no
one
> seems to know what was wrong with the code that several people
wrote
> or how it should be changed to be accurate etc. If you've got a
> handle on it then please post the code so the rest can backtest
the
> methodology. If not then you are trading a virtually untested
system
> for which some how trades were cherry picked by someone using
> some "higher" power.
>
> --- In amibroker@xxxxxxxxxxxxxxx, "gunovanengel"
<gunovanengel@xxxx>
> wrote:
> >
> > Hi,
> >
> > I am also a member of woodies room. I think it is the Best
Chatroom
> > around. No place like woodies room. I also use Esignal advance
> > charts and Amibroker Pro.
> > Amibroker fills all the gaps I find in Esignal. to me Amibroker
is
> > the Best charting package around.
> >
> > Regards
> > Guno
> >
> >
> >
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "Fred" <ftonetti@xxxx> wrote:
> > >
> > > That pretty much says it all ...
> > >
> > > --- In amibroker@xxxxxxxxxxxxxxx, "sinhavishal"
> <sinhavishal@xxxx>
> > > wrote:
> > > >
> > > > For your information, I am a member of one of the very
popular
> > > > trading rooms on HOTCOMM ( Woodies room ) with atleast 750
> > traders
> > > > online at any moment. Most of these traders are day traders
and
> > > deal
> > > > future which is a very fast moving market. I have not seen a
> > single
> > > > user there posting AMIBROKER chart on this website.
> > > >
> > > >
> > > > Thanks
> > > > Vishal
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