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Hi Guno,
While I aree that Woodie's system has merit for him and others, first of all
in order to enter his chat room you have to buy software; Hotcomm Lite or
full version! Or am I mistaken?
Second, I only trade EOD, so his patterns are more slanted to real time
because they appear infrequently, to my taste.
Thirdly, I coded the CCI per his instructions in AB if you or anybody wants
it. I think I posted it once to Natasha.
Herbert
----- Original Message -----
From: "gunovanengel" <gunovanengel@xxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Tuesday, February 08, 2005 12:01 PM
Subject: [amibroker] Re: Use Tradestation in place of
Esignal/MyTrack/Amibroker/Sierra
>
>
>
> Hi Natasha,
>
>
> In my trading i have been influenced by two discretionary traders
> Woodie and Dr. Elder, in addition I have studied Technical Analysis
> through various trading books I have also attended a one day trading
> seminar by Dr. Elder. My trading is therefore influenced by the
> information I have gathered over the years from all these different
> sources. My current trading style and methodology is heavily
> influenced by Woodies trading framework. I mainly trade Zero Line
> rejects they work fine for me. Woodies system is not the holy
> grail, I sometime experience losses. But that is the cost of doing
> business.
>
> Woodie has great moderators in his room (Gio, Tony_uk, Samson, Paul,
> Biggs, Saintan, Rover and others). All these guys are TOP CLASS.
> Listening to them is a great learning experience. And you know what
> it is FREE of charge. I am also a member of www.ino.com
> Investorflix. From them I rent videos presentations from traders
> like Linda Raschke , Charles Le Beau, Cynthia Kase , Sunny Harris
> and others. I tell you what, in my opinion the information I get in
> woodies chatroom is not less than what I get from investorflix. What
> I also like about Woodie is that he invites other people to give
> presentations He invited Dr. Elder (www.elder.com), Robin Dayne
> (http://www.robindayne.com/) and Dr. Brett Steenbarger
> (http://www.brettsteenbarger.com/) author of the Psychology of
> trading - Wiley
>
> What Woodie wants ultimately is that the members of his chatroom
> become independent traders. The chatroom is a training ground for
> you to acquire skills that will enable you to trade independently.
> Next to the main room you will find several other rooms where you
> can go for specific question and support. My trading is not
> influence by what I hear or see in the chatroom. I am an
> independent trader, I listen to the moderators in order to learn and
> sometime I post questions when I need clarification on an issue.
>
> Woodies system is based on the CCI ( the commodity channel Index
> developed by Donald Lambert). Woodies system is based on patterns
> that occur on the CCI chart. I have not yet found any code that can
> accurately find all these patterns.
>
> Trading is hard work; it requires dedication, study of technical
> analysis, risk management and money management if you want to
> succeed.
>
> Regards
> Guno
>
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, Natasha !! <dynomitedoll_ddd@xxxx>
>
>
> wrote:
>> Hi all,
>>
>> 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
>>
>> ###############################################################
>>
>> Hello
>>
>> As mentioned above you have been studying Woodies system since
> March last year ( thats 10 months) and are now applying it in your
> trading activities.Do you exclusively trade woodies for your
> investment decisions or also some other system in conjunction with
> the woodies.(Not that its any of my business of course but i asked
> because i just found out about the woodies just recently and posted
> a question last month(ref:Jan23 Trading System) in the group but no
> one who responded admitted that they traded the woodies
> exclusively.Also many said its good and others said its useless.) I
> would like to follow it but if it is going to take a long time and
> if its going to be fruitless then well??? what i really would like
> to know is well its a trading chat-room and are you there 3-5 hours
> a day because of the chat or messageboards or because of woodies
> trading system.I mean does the info on the market by chatters
> influence your trading decision or the woodies chart?You must be
> seasoned by now so
>> i would really like your honest opinion.(I have sat there also in
> the chatroom and know what goes there )but i havent any opinion. I
> did search the amibroker archieves for codes on the same.There are
> many codes written on the woodies but all are part of the entire.
>>
>> YOur response and comments and opion will be most
> appreciated.Thanks.
>>
>>
> #####################################################################
> ###
>> --- 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
>> #############################################################
>>
>> Hello,
>>
>> That is why i am so confused.Time is of an essence here and a
> prime factor .To go after woodies or not to go That is the Question.
>>
>> #############################################################
>> > >
>> > >
>> > >
>> > > --- 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
>>
>>
> ####################################################################
>>
>> Hello
>>
>> The very HOtcomm is accessible to all for sometime and so is the
> material available there as is the material here.You first posted
> here on Feb 2 thats 8-2=6 days ago.U made up your opinion fast about
> this product. I think too d-mn fast.Sound like a man in a hurry to
> get somewhere.Settle down .Get the load of your feet.Get a bearing
> on your position and take time to really think .There are many who
> have been here since the inception of this product and are doing
> well including yours truly .You MUST seriously consider why.
>>
>> Nothing more i would like to say .Have fun and stick around .
>>
>>
>>
>>
>> Warm regards,
>> Natasha !
>>
>>
>>
>>
>>
>> ---------------------------------
>> Do you Yahoo!?
>> Yahoo! Search presents - Jib Jab's 'Second Term'
>
>
>
>
>
>
> Check AmiBroker web page at:
> http://www.amibroker.com/
>
> Check group FAQ at:
> http://groups.yahoo.com/group/amibroker/files/groupfaq.html
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>
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>
>
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>
>
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