Is the link below
(http://woodiescciclub.com/Trading-Woodies-CCI-System.pdf)
dead?
Joseph Biran
____________________________________________
From: gunovanengel
[mailto:gunovanengel@xxxxxx]
Sent: Tuesday, February 08, 2005
9:12 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Re: OT:
Woodie's System
Hi Natasha
Do not be hard on yourself take the time,
give yourself eight
months to a year to learn woodies system.
After that you can add to
your trading arsenal by adding other methods and
systems. Try to get
a real good grasp of Woodies system.
In essence the system is quite straightforward. It
tries to give you
a systematic approach to the markets. The market
is a manic
depressive beast. One moment prices shoot up to
the sky. The next
minute they plunge to all time lows. Woodies
system helps you to
find order in the chaos of rising and falling
prices. It signals you
when to trade from the Long side, the Short side
and when to stand
aside.
The main rules of the system are.
1. when prices are
more than six bars above the zero line only
trade from the Longs Side
2. When prices are
more than six bars below the zero line only
trade from the short side
When price are more than six bars above or below
the zeroline it
means that there is an established up or down
trend.
When you have found an establish up or down trend,
look for a
tradable pattern. There are about eight or nine
tradable patterns in
woodies system. I use the following three in my
trading. My
preference goes to the ZLR.
ZLR - Zero Line Rejects
TLB - Trend Line Breaks
HTLB - Horizontal Trend Line Breaks
The philosophy behind these patterns is to
take advantage of prices
hitting support or resistance. The system work on
all time frames
(Intraday & EOD) on currencies, stocks and
commodities. It is a
censoring system with a trigger to signal you when
to enter the
market of your choice.
My suggestion to you is to start with just one
pattern for instance
the ZLR.
Jeff `s Document on the CCI is a good starting
point.. Here is the
link
http://woodiescciclub.com/Trading-Woodies-CCI-System.pdf
Paper trade the system for a while, after this
trade stocks in lots
of 5 or 10 , when you make a mistake you only lose
a couple of
cents at the most a few dollars. The advantage of
this is that you
are practicing real trading. Paper trading is
phony. It is only good
for practicing the moves. But after this move on
trading small lots
5 to 10 stocks. As your expertise and confidence
grows you can
increase your trading size.
Regards
Guno
--- In amibroker@xxxxxxxxxxxxxxx,
Natasha !! <dynomitedoll_ddd@xxxx>
wrote:
> Hi,
>
> Thanks a lot for the
information .It was very educative and
helped
> me a lot. I had well just about given up on
the woodies and was
looking
> at something else but now i will take a
second look.
>
> Here is Mr Herbert's code :
>
>
>
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
> Here is Woodie's CCI 14 code. In my opinion
the patterns are more
> suitable for short-term trading. However, I
heard that he mentioned
> about some other proprietary
pattern/indicator.
>
> Herbert
>
> -----
> _SECTION_BEGIN("Woodie's CCI");
>
> //Woodies CCI, Long term CCI;
>
> T=14;
>
> Title = Name () + " " + FullName()
+ " "
>
> + "CCI" + " Periods:" +
WriteVal(T,0);
>
> B=Cross(CCI(T),0);
>
> D=Cross(0,CCI(T));
>
> COL=IIf(BarsSince(B)>4
AND CCI(T)>0,colorBrightGreen,IIf(BarsSince
(D)>4
> AND CCI(T)<0,colorRed,colorLightGrey)) ;
>
> Plot(CCI(T)," ",COL,styleHistogram+styleThick);
>
> Plot(CCI(T),"CCI
20",colorBlack,styleLine+4);
>
>
>
> // Plot range lines
>
> Plot(200,"",colorRed);
>
> Plot(-200,"",colorRed);
>
> Plot(100,"",colorBlue);
>
> Plot(-100,"",colorBlue);
>
> Plot(0,"",colorYellow,styleThick);
>
> PlotGrid(50,colorGreen);
>
> PlotGrid(-50,colorGreen);
>
> GraphXSpace=2;
>
> _SECTION_END();
>
> @@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
>
> This is coded by Mleonsprint:
>
> Formula:
> Title = "Woodies CCI " + "
" + FullName() + " " + Date( ) ;
>
> A=Param("CCI TURBO
PERIODS",6,3,14,1);
> A1=Param("CCI 14
PERIODS",14,7,20,1);
> A2=ParamColor("CCI
TURBO",colorBrightGreen);
> A3=ParamColor("CCI 14",colorRed);
> A4=CCI(A);
> A5=CCI(A1);
> A6=IIf(A5<0,colorBrightGreen,colorRed);
> A7=IIf(Ref(A5,-5) <0 AND Ref(A5,-4) <0
AND Ref(A5,-3) <0 AND Ref
(A5,-2)
> <0 AND
> Ref(A5,-1) <0,colorRed,A6);
> A8=IIf(Ref(A5,-5) >0 AND Ref(A5,-4) >0
AND Ref(A5,-3) >0 AND Ref
(A5,-2)
> >0 AND
> Ref(A5,-1) >0,colorBrightGreen,A7);
> Plot(A5,"CCI TURBO
HISTOGRAM",A8,styleHistogram);
> Plot(A4,"CCI TURBO",A2,styleThick);
> Plot(A5,"CCI 14",A3,styleThick);
> Plot(0,"ZERO
LINE",colorBlack,styleThick);
> Plot(100,"HUNDRED
LINE",colorBlack,styleDots);
> Plot(-100,"MINUS
LINE",colorBlack,styleDots);
>
>
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
> Coded by wring:
>
> AFL Library
> List Add formula
>
> Details:
> Formula name: CCI Woodies Style
> Author/Uploader: Larry Jameson -
cljameson@xxxx
> Date/Time added: 2004-11-16 18:13:49
> Origin:
> Keywords: Woodies CCI
> Level: semi-advanced
> Flags: indicator
>
> Download formula file | Delete
formula
>
> Description:
> This CCI chart incorporates some of the
features seen on a Woodies
CCI
> Chart.
>
> Formula:
> ///////////////////////////////
> // CCI Woodies Style - Coded by Wring
> // Amibroker 4.63.1
> ///////////////////////////////
> //
> // Note: Set Custom Scaling in dialog just
below this dialogue box
> // to Min
-350, Max +350
> //
> // Set
Background color to DarkOliveGreen
> // Set Axes
color to white
> //
> ///////////////////////////////
>
>
> z = CCI(14);
> LSMA = LinearReg(C, 25 );
> EMA34 = EMA(C,34);
>
> Title = Interval(2) + " " + Name()
+ ", " + EncodeColor
(colorOrange) +
>
"CCI
14=" + round(z) + ", " + EncodeColor
(colorLightBlue) +
>
"CCI
6=" + round(CCI(6)) + EncodeColor
(colorPink) +
>
"\nPrice=" + H + ", " + L + ", " + C +
>
EncodeColor(colorWhite) + " " + Date();
>
> // Colour the bars for Woodies Trend
Following
> Plusbars = BarsSince(z < 0);
> Minusbars = BarsSince(z > 0);
> TrendBarCount = 5;
> for( i = 0; i < BarCount; i++ )
> {
> if
(Plusbars[i] >= TrendBarCount)
>
Color[i] = colorGreen;
> else
>
if (Minusbars[i] >= TrendBarCount)
>
Color[i] =
colorRed;
>
else
>
Color[i] =
colorBlack;
> }
>
> // CCI Histogram
> Plot(z,"",Color,styleHistogram |
styleNoLabel);
> // CCI Line
> Plot(z,"CCI
14",colorWhite,styleLine | styleNoLabel | styleThick);
> // Turbo CCI
> Plot(CCI(6),"CCI
6",colorLightBlue,styleLine |
styleNoLabel);
> // zero line 25lsma
> Plot(0,"",IIf(C >
LSMA,colorGreen,IIf(C<LSMA,colorRed,colorBlack)),
>
styleThick | styleNoLabel);
> // Print the price label - Note div by 1000
to position price near
0
> line
> Plot(Prec(C / 1000,3),"",
>
IIf(C
>=Ref(C,-1),colorGreen,colorRed),styleNoLine);
>
> // Set up color for the 100s, green if 34ema
above red if below
> Color = IIf(C>EMA34,colorGreen,
>
IIf(C==EMA34,colorBlack,colorRed));
> // Plot the 100s
> Plot(100,"",Color,styleDots
|styleNoLine | styleNoLabel |
styleThick);
> Plot(-100,"",Color,styleDots
|styleNoLine | styleNoLabel |
styleThick);
> // Plot the 50s
> PlotGrid(50,colorTeal);
> PlotGrid(-50, colorTeal);
> // Plot the 200s
> PlotGrid(200,colorTeal);
> PlotGrid(-200,colorTeal);
> // Plot the 300s
> PlotGrid(-300,colorTeal);
> PlotGrid(300,colorTeal);
>
>
>
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
>
> I would be very much interested in your views
and what if anything
is
> needed furthur in the above since you are
already using the
woodiescci
> strategies and are more equipped than many to
analyse.I did apply
these
> but since i was not too sure whether to
pursue them further i didnt
> study them with interest.
> Thanks once again.
>
>
>
> =====
> Warm regards,
> Natasha !
>
>
>
>
>
>
>
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