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In all I've ever seen of Woodies the rules were "supposed to be" in
cement. Systems with rules can be programmed. In any case if it's
discretionary that's fine and as you say this methodology is fine for
some and not so fine for others.
--- In amibroker@xxxxxxxxxxxxxxx, "gunovanengel" <gunovanengel@xxxx>
wrote:
>
> 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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