my best guess would be a bwb or an atm fly and he adds spreads using a congestion indicator or proactively when delta levels are reached.
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Not trying to be critical but in another video he eludes to the track record being hypothetical. Which is somewhat fine as long as it is disclosed.
If there is someone out there who is not aware that this is SCAM then here is something i posted in another forum: Maybe it is a little off topic here, but for those who are interested in the "new" woodiebars: I have compared the original $199pM "Woodiebars" Chatroom Chart with free MedianRenko Bars. And what i have found out is really disappointing to me. As you see in the attachment my template matches woodies pretty close. All you need is out in public for free. Median Renko here at BMT ReversalBar_v2 here at BMT WoodieCCI comes with Ninja Jeff`sCCI, I think from ThatManfromTexas - for coloring the CCI and the Background Those useless by him so called "CCI Bands" are nothing else then ATR Volatility Bands you can purchase for $9,95 here at www.micro-trends.co.uk. and use them with the standard settings and tweak them a little. Not on my chart on the right is the pricepanel but also available for free. I am sorry to say and hoping i am wrong but to me, as a long time woodies chatroom follower, it seems the 33y professionell trader has turned in to a snakeoilsalesman (or he always was). Frank P.S. you know his trading mantras are: traders helping traders or a candle looses nothing by lighting another candle (you only have to pay $199p.M.)
The original chart from the wwci club is on the left. mine on the right and all indicator are free available. You don´t have to pay $199,- monthly for them
For sure i am real. the link is working. just leave the last dot http://www.micro-trends.co.uk but you can download the indicator for free at BMT, you dont have to purchase them.