Below are the updated crude oil trading chart models in for the week of April 28, 2019 to be used as signals for your trading strategy (day trading, intra-day swing trading or swing trading weekly and monthly time frames).

The charts are suitable for mechanically executed trading and are also the models our coding staff are using for our crude oil machine trade.

With each chart model there are trade strategy notes included for consideration.

For clarity, please review historical reporting on our blog and videos on YouTube for your study.

Much of the structured model discipline used is similar to concepts discussed in this video; Mathematician Who Cracked Wall Street.

Crude oil price moves within structured areas (or the range) of charting on various time frames at different times in trade. The structure oil price moves within (the range) can be one minute charting timing through to monthly charting time-frames and can be conventional charting set-ups or algorithmic chart set-ups (structures). Understanding and having each time frame at your disposal for both conventional and algorithmic charting will go a long way to increasing your probability of profitable trading.

Sizing your trades appropriate to your trading account and time frame for each set-up is also sound strategy.

Using the correct charting time-frame specifically for your trading strategy is critical. Generally, the lower (smaller) the time frame the less predictable the support and resistance areas of the charting will be. However, the larger time-frames (monthly, weekly, daily) can also have significant “slippage”.

Generally, the idea is to enter your positions based on the structure for the specific time frame you are wanting to trade referencing the other time frame support and resistance or range within the trend. The basic method is to understand the range of trade and execute trade long bias when price is near support for the appropriate time frame / structure and the opposite is true for short trades.

Our staff use the thirty minute model structures (range within trends) most often for primary areas of support and resistance trading signals referencing all other time-frames in their trading strategy.

Positioning should be significantly biased to the trending range of trade. For more information about trend identification for trading various time-frames refer to this article on Investopedia; Multiple Time Frames Can Multiply Returns.

If you have any questions about the models below please email us at compoundtradingofficial@gmail.com.

Not all charts are updated every week and some concept or test charts are added or deleted on occasion.

Please note, the chart links are now distributed specific to each user or small group of users. If you are using more than one device to access the charting, to avoid disruption of service, please email us a simple / general description of those devices to assist in controlling dissemination.

EPIC Crude Oil Algorithm Model. 30 Minute Oil Chart Structure.

April 28 – Important note: Due to the Good Friday market holiday, the EPIC model will be divergent (or out) somewhat so please use the diagonal support and resistance lines cautiously until next week. This issue occurs after every market holiday and remains in effect for two weeks after each holiday.

The EPIC algorithm model chart below is a proprietary structure that has been back tested sixty months on thirteen time-frames. The model represents the most probable areas of support and resistance in oil trade on this specific time-frame.

Therefore, the levels noted on the EPIC model are to be used as important areas of consideration for support and resistance (trade signals) for your trading strategy when using conventional charting set-ups / structures and/or other algorithmic charting.

Resistance and support areas on the thirty minute charting oil trade structure are at each line on the algorithmic chart below. The primary areas of support and resistance are;

  • Outer quadrant walls / also used as channel support and resistance (orange dotted diagonal), the half way point between each is often a buy or sell trigger in trade (not shown on model below),
  • Mid channel line for uptrend and down trend (white dotted diagonal),
  • Mid quad horizontal (not marked but is at the mid point of the quad),
  • Fibonacci levels (various horizontal colored lines),
  • Historical areas of support and resistance (purple horizontal).
  • The intra-week swing trading range is from thick horizontal gray line to the next (commonly becomes a pivot area of trade).
  • Also of note are the price targets for Tuesday 4:30 PM (API), Wednesday 10:30 AM (EIA) and Friday 1:00 PM (Rig Count). The Tuesday and Wednesday targets hit significantly more often than the Friday target (red circles with red or green vertical dotted lines intersecting).

This video explains How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, #OIL, #Trading, #Algorithm, #OOTT as does this video Oil Trading Room – How to Use EPIC the Oil Algorithm Model Chart June 21 #OIL #OOTT and this Webinar 1: EPIC the Oil Algorithm.

When the conventional crude oil charting set-up coincides (or agrees) with the EPIC algorithmic model support and resistance this is then considered a significant buy or sell trigger (signal) for crude oil trade.

Remember to be aware of (at minimum) the primary support and resistance areas on the larger time-frames (lower time frames are not as critical) – in this instance the 1 hour, 4 hour, daily, weekly and monthly charting should be considered when sizing your trades etc.

EPIC 30 Min Crude Oil Trading Algorithm Model April 28 946 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/DoytlFTC-EPIC-30-Min-Crude-Oil-Trading-Algorithm-Model-April-28-946-PM-FX/

EPIC, algorithm, oil, crude, trade

EPIC 30 Min Crude Oil Trading Algorithm Model April 28 946 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Per recent;

EPIC 30 Min Crude Oil Trading Algorithm Model April 20 817 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/GLhgHpAN-EPIC-30-Min-Crude-Oil-Trading-Algorithm-Model-Apr-20-817-PM-FX/

crude, oil, algorithm, trading

EPIC 30 Min Crude Oil Trading Algorithm Model April 20 817 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil 30 Minute Simple Alternate Algorithm Model.

The simple alternate model below has Fibonacci support and resistance horizontal lines and diagonal Fib trend lines. However, trending channels and other conventional set-ups and the associated range of each should be a more primary consideration for your trading strategy.

Conventional trend lines and trending set-ups are noted in yellow on the chart.

Pay special attention to the relation between the intra-day price of crude oil and the 20 MA and 200 MA on the 30 minute chart. When price is above both the 20 and 200 moving averages (with 20 MA breaching through 200 MA upward) there is a significant probability of bullish continuance.

Also pay close attention to when the important support and resistance on the alternate model coincides with conventional chart signals and the EPIC Oil Algorithm model. This is key to your trading strategy and trade bias to bullish or bearish positioning should be relative to the structures agreeing.

30 Min Alternate Trend Lines (wide view) Crude Oil Trading Model 1042 PM April 28 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/Y6ftxa1F-30-Min-Trend-Lines/

30 min, crude, oil , chart, trendlines

30 Min Alternate Trend Lines (wide view) Crude Oil Trading Model 1042 PM April 28 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per recent;

30 Min Alternate (wide view) Crude Oil Trading Model 902 PM April 20 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/36QhgygF-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-902-PM-Apri/

crude, oil, 30 min, trade, model

30 Min Alternate (wide view) Crude Oil Trading Model 902 PM April 20 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per recent;

https://www.tradingview.com/chart/USOIL/crpw7J0u-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-120-AM-Apri/

30 min, crude, oil, chart

30 Min Alternate (wide view) Crude Oil Trading Model 120 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

30 Minute Oil Day Trading Structure.

Per recent;

Daytrading Fibonacci levels are added to the 30 minute chart structure below. There are also some timing notations (in white) that you can ignore, they are timing points of note I am watching.

30 Min Alternate Crude Oil Day Trading Model 1031 PM April 20 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/5UTfLRzW-30-Min-Alternate-Crude-Oil-Day-Trading-Model-1031-PM-April-20-FX/

30 min, oil, algorithm, chart

30 Min Alternate Crude Oil Day Trading Model 1031 PM April 20 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

One Minute Oil Trading Model. Ideal for Intra-day Crude Oil Trade.

The one minute oil trading model provides for pinpoint trade entry, sizing and exit points for daytrading oil. It is also used for squeeze scenarios in oil day trading. The main range is between the red / blue areas with thicker dotted white lines. The range is considerably more predictable in a squeeze scenario.

Per recent;

One Min Crude Oil Trading Model (day trade) April 20 1120 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/nDjB9hSd-One-Min-Crude-Oil-Trading-Model-day-trade-April-20-1120-PM-FX/

daytrading, crude, oil, chart

One Min Crude Oil Trading Model (day trade) April 20 1120 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Crude Oil Trade Setup Strategy When 20 MA Crosses up 200 MA with Price Above on One Minute Chart.

42 tick move when the 20 MA crossed up through 200 MA with price above on the one minute oil chart. There was some chop after price initially moved above 200 MA with 20 MA so you have to be prepared for this scenario. Often day traders will wait for price to get above the 200 MA and over the next level (the next Fib, the next MA or VWAP or previous / recent high in progression).

day trading, one minute, oil, chart

Crude Oil Trade Setup Strategy When 20 MA Crosses up 200 MA with Price Above on One Minute Chart

Crude Oil Trade Setup Short Strategy When 20 MA Crosses Down 200 MA with Price Below on One Minute Chart.

38 tick move when the 20 MA crossed down through 200 MA with price below on the one minute oil chart. There were a few pops up over 200 MA with price after initially coming under 200 MA so you have to consider that, quite often traders will wait for the confirmation when the 200 MA test fails to upside (which happened in the example below when the 50 MA then crossed down the 200 MA with price under).

Short, trade, strategy, one minute chart, oil

Crude Oil Trade Setup Short Strategy When 20 MA Crosses Down 200 MA with Price Below on One Minute Chart.

Choppy intra day trade in crude oil on one minute chart. Wait for confirmation signals.

The example one minute oil chart below provides charting for choppy intra-day scenario. This is an example of why waiting for confirmation signals is prudent. Also note that this choppy intra-day trade was early in the evening in early futures trade, typically not the best time of day to trade crude oil. 3:00 AM to 3:00 PM Eastern Time is best for trading oil.

Also consider the trend line support and resistance and moving averages on both the 30 minute algorithm chart model and the conventional 30 minute oil charting.

daytrading, choppy, trade, oil

Choppy intra day trade in crude oil on one minute chart. Wait for confirmation signals.

5 Minute Crude Oil Chart Model.

The five minute oil trading strategy chart below includes a Elliot impulse 5 wave component for when oil is trading intra-day on this time frame. The horizontal / diagonal / sloping up-trending green lines can be used as support and resistance decision areas.

5 Min Crude Oil Trade Model 1055 PM April 28 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/qzitNqDN-5-Min-Crude-Oil-Trade-Model-1055-PM-April-28-FX-USOIL-WTI-USO/

5 min, crude, oil. chart

https://www.tradingview.com/chart/USOIL/qzitNqDN-5-Min-Crude-Oil-Trade-Model-1055-PM-April-28-FX-USOIL-WTI-USO/

Per recent;

5 Min Crude Oil Trade Model (concept chart) 1201 AM April 21 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/I9827zr5-5-Min-Crude-Oil-Trade-Model-concept-chart-1201-AM-April-21-FX/

crude, oil, 5 min chart

5 Min Crude Oil Trade Model (concept chart) 1201 AM April 21 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

15 Minute Crude Oil Trading Structure. 

Simple 15 min crude oil structured chart model April 28 1112 PM FX USOIL WTI CL_F USO

https://www.tradingview.com/chart/USOIL/TKF08XJg-Simple-15-min-crude-oil-structured-chart-model-April-28-1112-PM/

crude, oil, 15 min, algorithmic, model

Simple 15 min crude oil structured chart model April 28 1112 PM FX USOIL WTI CL_F USO

The previous structured test model from the previous report we are not updating this week, however, the support and resistance pivots are included below;

15 Min support and resistance marks on chart (without model structure). Crude Oil. April 28 1109 PM.

https://www.tradingview.com/chart/USOIL/tNVngoj8-15-Min-Support-and-Resistance-Marks/

15 min, crude, oil, chart

15 Min support and resistance marks on chart (without model structure). Crude Oil. April 28 1109 PM.

Per recent;

Below is an untested and non back tested 15 minute chart for oil trade.

15 Min Crude Oil Trade Model (test concept chart) 1207 AM April 21 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/ChJy7H8k-15-Min-Crude-Oil-Trade-Model-test-concept-chart-1207-AM-April/

15 min, oil, chart, test

15 Min Crude Oil Trade Model (test concept chart) 1207 AM April 21 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

60 Minute Oil Charting.

60 Min Trend Channel Trade Box Fork (concept chart) 1117 PM April 28 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/zMNSt06B-60-Min-Trend-Channel-Trade-Box-Fork-concept-chart-1117-PM-Apri/

60 Min, Crude, oil, channel, chart

60 Min Trend Channel Trade Box Fork (concept chart) 1117 PM April 28 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per recent;

60 minute simple crude oil trend-line, trending channel chart.

https://www.tradingview.com/chart/USOIL/wQwHY8Q5-60-minute-simple-crude-oil-trendline-trending-channel-chart/

60 min, oil, chart, trending, channel

60 minute simple crude oil trendline, trending channel chart.

4 Hour Trending Channel Chart.

4 Hour Oil Trending Channel Chart with Trading Box 1121 PM April 28 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/fKZ1lWMu-4-Hour-Oil-Trending-Channel-Chart-with-Trading-Box-1121-PM-April/

4 hour, trending, channel, oil , chart

https://www.tradingview.com/chart/USOIL/fKZ1lWMu-4-Hour-Oil-Trending-Channel-Chart-with-Trading-Box-1121-PM-April/

4 Hour Symmetry Chart Model.

April 28, 2019 – In recent trade the 4 hour symmetry price targets in oil trade have been divergent to the bullish side. At this point we are watching for a new symmetrical pattern to develop or the previous to re-continue.

See previous link below.

Per recent;

4 Hour Symmetry Chart, Previous Resistance Now Support 1220 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/WTICOUSD/Q5bMztVz-4-Hour-Symmetry-Chart-Previous-Resistance-Now-Support-1220-AM-A/

4 hour, oil symmetry, chart

4 Hour Symmetry Chart, Previous Resistance Now Support 1220 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

Trade in crude oil has recently jumped up over the channel resistance and now trades above the channel top (now support).

https://www.tradingview.com/chart/WTICOUSD/h6IcZDg3-4-Hour-Symmetry-Crude-Oil-Trading-Model-146-AM-April-17-FX-USOIL/

oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 146 AM April 17 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

Crude oil has been trading in the channel on this algorithmic model since an 7, 2019. The white dotted lines at the top and bottom of this structure are support and resistance in the trending channel. The targets are historical hits.

https://www.tradingview.com/chart/WTICOUSD/In9ecRYl-4-Hour-Symmetry-Crude-Oil-Trading-Model-546-PM-April-7-FX-USOIL/

4 hour, crude, oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 546 PM April 7 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

The white targets are showing a possible divergence to trade either up or down in to either of the white targets in this time cycle.

https://www.tradingview.com/chart/WTICOUSD/Z6GiJd5a-4-Hour-Symmetry-Crude-Oil-Trading-Model-1118-PM-Mar-31-FX-USOIL/

4 hour, oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 1118 PM Mar 31 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

4 Hour Oil Concept Trading Model.

The 4 hour crude oil concept model below has trend-lines, Fibonacci support and resistance horizontal lines (pay close attention to the gray horizontal lines) and diagonal algorithmic Fib trend lines (orange dotted).

4 Hour Concept Crude Oil Trading Model April 28 1113 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/WTICOUSD/bLLpIOIV-4-Hour-Concept-Crude-Oil-Trading-Model-April-28-1113-AM-FX-USOIL/

crude, oil, 4 hour, algorithmic model

4 Hour Concept Crude Oil Trading Model April 28 1113 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

4 Hour Concept Crude Oil Trading Model April 21 1241 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/WTICOUSD/LDEQiuCh-4-Hour-Concept-Crude-Oil-Trading-Model-April-21-1241AM-FX-USOIL/

4 hour,oil, concept, chart

4 Hour Concept Crude Oil Trading Model April 21 1241AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Daily Chart Trading Model.

The daily time frame provides a larger structure to consider. The diagonal Fib lines are important as are the mid quad horizontal lines. The moving averages (especially the 200 MA) should be considered in your trade strategy. The MACD is a common indicator on the daily oil chart for forward positioning and trend bias.

April 28, 2019 Trading Strategy / Set-Up Based on Symmetry in the Trend on the Daily Chart.

A sell off in exact place in structure of daily chart model did occur once previous in this trend (see two circled areas on daily chart below).

The two instances of selling pressure in the bullish daily trend in oil trade happens to be a perfect symmetrical measured extension in the progression.

IF crude oil trades up the same measured extension as the low to the first sell off in the symmetry, this would imply a high in this trend for crude oil on FX USOIL WTI to approximately 69.00 – if symmetry continues.

Before a pull back, or about 600 ticks from where oil is currently trading at 62.96.

See chart below;

Daily Crude Oil Chart with Symmetry of Previous Sell Off and Price Target of 69.00 if Symmetry Continues 1154 PM April 28 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/jATfXaXD-Daily-Crude-Oil-Chart-with-Symmetry-of-Previous-Sell-Off-and-Pri/

Oil, Chart, Daily, Symmetry

https://www.tradingview.com/chart/USOIL/jATfXaXD-Daily-Crude-Oil-Chart-with-Symmetry-of-Previous-Sell-Off-and-Pri/

Per recent;

Daily Chart Structure Crude Oil Trading Model. MACD turned down. 1248 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/i1bnKqcZ-Daily-Chart-Structure-Crude-Oil-Trading-Model-MACD-turned-down/

daily, oil, chart, MACD

Daily Chart Structure Crude Oil Trading Model. MACD turned down. 1248 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Conventional Daily Crude Oil Chart with Support and Resistance 1157 PM April 28 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/ejSpwHHL-Convention-Daily-Crude-Oil-Chart-with-Support-and-Resistance-115/

oil, chart, support, resistance

Convention Daily Crude Oil Chart with Support and Resistance 1157 PM April 28 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Weekly Oil Trading Model.

The most important signals on the weekly chart model are the red historical trend lines. Pay very close attention to them. There are other common indicators included on the model also.

Weekly Trendline Crude Oil Trading Model April 29 1203 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/u0HrK9TA-Weekly-Trendline-Crude-Oil-Trading-Model-April-29-1203-AM-FX-USO/

Crude, oil, weekly

Weekly Trendline Crude Oil Trading Model April 29 1203 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

Weekly Trend line Crude Oil Trading Model `155 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/iL99s2gC-Weekly-Trendline-Crude-Oil-Trading-Model-155-AM-April-21-FX-USO/

weekly, oil, trend line, chart

Weekly Trendline Crude Oil Trading Model `155 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

There is a potential price target of 74s in to early June on this Weekly Oil Chart Model on FX USOIL. Trading 62.95 intra-day.

https://www.tradingview.com/chart/USOIL/WulSA08l-There-is-a-potential-price-target-of-74s-in-to-early-June-on-thi/

crude, oil, weekly, chart, model

The is a potential price target of 74s in to early June on this Weekly Oil Chart Model.

Monthly Oil Trading Model.

Monthly Structure Crude Oil Trading Model April 29 1217 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/ajRYhgca-Monthly-Structure-Crude-Oil-Trading-Model-April-29-1217-AM-FX-US/

Monthly, oil, chart

Monthly Structure Crude Oil Trading Model April 29 1217 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

Monthly Structure Crude Oil Trading Model April 21 100 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/t5uxWcxn-Monthly-Structure-Crude-Oil-Trading-Model-April-21-100-AM-FX-USO/

monthly, oil, chart, structure

Monthly Structure Crude Oil Trading Model April 21 100 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

https://www.tradingview.com/chart/USOIL/sttZx83M-Monthly-200-MA-Crude-Oil-Trading-Chart-April-8-1247-AM-FX-USOIL/

monthly, oil , chart

Monthly 200 MA Crude Oil Trading Chart April 8 1247 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Further Learning:

If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.

Welcome to NYMEX WTI Light Sweet Crude Oil Futures.

Subscribe to Oil Trading Platform:

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Below are the updated crude oil trading models in chart form for the week of April 21, 2019 to be used as signals when forming trading strategies for day trading, intra-day swing trading and swing trading weekly and monthly time frames.

The charts are suitable for mechanically executed trading and are also the models our coding staff are using for our crude oil machine trade.

With each chart model there are trade strategy notes included for consideration.

For clarity, please review historical reporting on our blog and videos on YouTube for your study.

Much of the structured model discipline used below are similar to concepts discussed in this video; Mathematician Who Cracked Wall Street.

Crude oil price moves within structured areas (or the range) of charting on various time frames at different times in trade. The structure oil price moves within (the range) can be one minute charting timing through to monthly charting time-frames and can be conventional charting set-ups or algorithmic chart set-ups (structures). Understanding and having each time frame at your disposal for both conventional and algorithmic charting will go a long way to increasing your probability of profitable trading.

Using the correct charting time-frame specifically for your trading strategy time-frame is critical. Generally, the lower (smaller) the time frame the less predictable the support and resistance areas of the charting will be. However, the larger time-frames (monthly, weekly, daily) can also have significant “slippage”.

Generally, the idea is to enter your positions based on the structure for the specific time frame you are wanting to trade referencing the other time frame support and resistance or range within the trend. The basic method is to understand the range of trade and execute trade long bias when price is near support for the appropriate time frame / structure and the opposite is true for short trades.

Our staff use the thirty minute model structures (range within trends) most often for primary areas of support and resistance trading signals referencing all other time-frames in their trading strategy.

Positioning should be significantly biased to the trending range of trade. For more information about trend identification for trading various time-frames refer to this article on Investopedia; Multiple Time Frames Can Multiply Returns.

If you have any questions about the models below please email us at compoundtradingofficial@gmail.com.

Please note, the chart links are now distributed specific to each user or small group of users. If you are using more than one device to access the charting, to avoid disruption of service, please email us a simple / general description of those devices to assist in controlling dissemination.

EPIC Crude Oil Algorithm Model. 30 Minute Oil Chart Structure.

The EPIC algorithm model chart below is a proprietary structure that has been back tested sixty months on thirteen time-frames. The model represents the most probable areas of support and resistance in oil trade on this specific time-frame.

Therefore, the levels noted on the EPIC model are to be used as important areas of consideration for support and resistance (trade signals) for your trading strategy when using conventional charting set-ups / structures and/or other algorithmic charting.

Resistance and support areas on the thirty minute charting oil trade structure are at each line on the algorithmic chart below. The primary areas of support and resistance are;

  • Outer quadrant walls / also used as channel support and resistance (orange dotted diagonal), the half way point between each is often a buy or sell trigger in trade (not shown on model below),
  • Mid channel line for uptrend and down trend (white dotted diagonal),
  • Mid quad horizontal (not marked but is at the mid point of the quad),
  • Fibonacci levels (various horizontal colored lines),
  • Historical areas of support and resistance (purple horizontal).
  • The intra-week swing trading range is from thick horizontal gray line to the next (commonly becomes a pivot area of trade).
  • Also of note are the price targets for Tuesday 4:30 PM (API), Wednesday 10:30 AM (EIA) and Friday 1:00 PM (Rig Count). The Tuesday and Wednesday targets hit significantly more often than the Friday target (red circles with red or green vertical dotted lines intersecting).

This video explains How to Use EPIC Oil Algorithm: $USOIL, $WTI, $CL_F, $USO, #OIL, #Trading, #Algorithm, #OOTT as does this video Oil Trading Room – How to Use EPIC the Oil Algorithm Model Chart June 21 #OIL #OOTT and this Webinar 1: EPIC the Oil Algorithm.

When the conventional crude oil charting set-up coincides (or agrees) with the EPIC algorithmic model support and resistance this is then considered a significant buy or sell trigger (signal) for crude oil trade.

Remember to be aware of (at minimum) the primary support and resistance areas on the larger time-frames (lower time frames are not as critical) – in this instance the 1 hour, 4 hour, daily, weekly and monthly charting should be considered when sizing your trades etc.

Please note, the algorithmic model below is likely to need considerable adjustment when futures open Sunday evening due to Good Friday holiday this past week.

EPIC 30 Min Crude Oil Trading Algorithm Model April 20 817 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/GLhgHpAN-EPIC-30-Min-Crude-Oil-Trading-Algorithm-Model-Apr-20-817-PM-FX/

crude, oil, algorithm, trading

EPIC 30 Min Crude Oil Trading Algorithm Model April 20 817 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Per recent;

https://www.tradingview.com/chart/USOIL/FTduGqsw-EPIC-30-Min-Crude-Oil-Trading-Model-Intra-day-crude-oil-trade-A/

crude, oil, algorithm, chart, EPIC

EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. April 17 1255 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil 30 Minute Simple Alternate Algorithm Model.

The simple alternate model below has Fibonacci support and resistance horizontal lines and diagonal Fib trend lines. However, trending channels and other conventional set-ups and the associated range of each should be a more primary consideration for your trading strategy.

Conventional trend lines and trending set-ups are noted in yellow on the chart.

Pay special attention to the relation between the intra-day price of crude oil and the 20 MA and 200 MA on the 30 minute chart. When price is above both the 20 and 200 moving averages (with 20 MA breaching through 200 MA upward) there is a significant probability of bullish continuance.

Also pay close attention to when the important support and resistance on the alternate model coincides with conventional chart signals and the EPIC Oil Algorithm model. This is key to your trading strategy and trade bias to bullish or bearish positioning should be relative to the structures agreeing.

30 Min Alternate (wide view) Crude Oil Trading Model 902 PM April 20 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/36QhgygF-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-902-PM-Apri/

crude, oil, 30 min, trade, model

30 Min Alternate (wide view) Crude Oil Trading Model 902 PM April 20 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per recent;

https://www.tradingview.com/chart/USOIL/crpw7J0u-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-120-AM-Apri/

30 min, crude, oil, chart

30 Min Alternate (wide view) Crude Oil Trading Model 120 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

30 Minute Oil Day Trading Structure.

Daytrading Fibonacci levels are added to the 30 minute chart structure below. There are also some timing notations (in white) that you can ignore, they are timing points of note I am watching.

30 Min Alternate Crude Oil Day Trading Model 1031 PM April 20 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/5UTfLRzW-30-Min-Alternate-Crude-Oil-Day-Trading-Model-1031-PM-April-20-FX/

30 min, oil, algorithm, chart

30 Min Alternate Crude Oil Day Trading Model 1031 PM April 20 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per recent;

https://www.tradingview.com/chart/USOIL/0jtYp6Hi-30-Min-Alternate-micro-view-Crude-Oil-Trading-Model-134-AM-Apr/

30 min, micro, oil, chart, daytrade

30 Min Alternate (micro view) Crude Oil Trading Model 134 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Conventional 30 Minute Oil Trade Charting.

Crude Oil Conventional 30 Minute Chart Trend Lines to Watch for Support and Resistance.

https://www.tradingview.com/chart/USOIL/sSHCuQ0I-Crude-Oil-Conventional-30-Minute-Chart-Trend-Lines-to-Watch-for/

30 minute, oil, chart

Crude Oil Conventional 30 Minute Chart Trend Lines to Watch for Support and Resistance

One Minute Oil Trading Model. Ideal for Intra-day Crude Oil Trade.

The one minute oil trading model provides for pinpoint trade entry, sizing and exit points for daytrading oil. It is also used for squeeze scenarios in oil day trading. The main range is between the red / blue areas with thicker dotted white lines. The range is considerably more predictable in a squeeze scenario.

One Min Crude Oil Trading Model (day trade) April 20 1120 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/nDjB9hSd-One-Min-Crude-Oil-Trading-Model-day-trade-April-20-1120-PM-FX/

daytrading, crude, oil, chart

One Min Crude Oil Trading Model (day trade) April 20 1120 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Crude Oil Trade Setup Strategy When 20 MA Crosses up 200 MA with Price Above on One Minute Chart.

42 tick move when the 20 MA crossed up through 200 MA with price above on the one minute oil chart. There was some chop after price initially moved above 200 MA with 20 MA so you have to be prepared for this scenario. Often day traders will wait for price to get above the 200 MA and over the next level (the next Fib, the next MA or VWAP or previous / recent high in progression).

day trading, one minute, oil, chart

Crude Oil Trade Setup Strategy When 20 MA Crosses up 200 MA with Price Above on One Minute Chart

Crude Oil Trade Setup Short Strategy When 20 MA Crosses Down 200 MA with Price Below on One Minute Chart.

38 tick move when the 20 MA crossed down through 200 MA with price below on the one minute oil chart. There were a few pops up over 200 MA with price after initially coming under 200 MA so you have to consider that, quite often traders will wait for the confirmation when the 200 MA test fails to upside (which happened in the example below when the 50 MA then crossed down the 200 MA with price under).

Short, trade, strategy, one minute chart, oil

Crude Oil Trade Setup Short Strategy When 20 MA Crosses Down 200 MA with Price Below on One Minute Chart.

Choppy intra day trade in crude oil on one minute chart. Wait for confirmation signals.

The example one minute oil chart below provides charting for choppy intra-day scenario. This is an example of why waiting for confirmation signals is prudent. Also note that this choppy intra-day trade was early in the evening in early futures trade, typically not the best time of day to trade crude oil. 3:00 AM to 3:00 PM Eastern Time is best for trading oil.

Also consider the trend line support and resistance and moving averages on both the 30 minute algorithm chart model and the conventional 30 minute oil charting.

daytrading, choppy, trade, oil

Choppy intra day trade in crude oil on one minute chart. Wait for confirmation signals.

5 Minute Crude Oil Chart Model.

The five minute oil trading strategy chart below includes a Elliot impulse 5 wave component for when oil is trading intra-day on this time frame. The horizontal / diagonal / sloping up-trending green lines can be used as support and resistance decision areas.

5 Min Crude Oil Trade Model (concept chart) 1201 AM April 21 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/I9827zr5-5-Min-Crude-Oil-Trade-Model-concept-chart-1201-AM-April-21-FX/

crude, oil, 5 min chart

5 Min Crude Oil Trade Model (concept chart) 1201 AM April 21 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

15 Minute Crude Oil Trading Structure. Test Chart.

Below is an untested and non back tested 15 minute chart for oil trade.

15 Min Crude Oil Trade Model (test concept chart) 1207 AM April 21 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/ChJy7H8k-15-Min-Crude-Oil-Trade-Model-test-concept-chart-1207-AM-April/

15 min, oil, chart, test

15 Min Crude Oil Trade Model (test concept chart) 1207 AM April 21 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per recent;

This is more a doodle chart than anything at this point, we are looking for a structured chart for the 15 minute time frame.

https://www.tradingview.com/chart/USOIL/Y45duTii-15-Min-Crude-Oil-Trade-Model-doodle-chart-110-AM-April-17-FX-U/

15 min, crude oil, chart

15 Min Crude Oil Trade Model (doodle chart) 110 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

60 Minute Charting.

60 minute simple crude oil trend-line, trending channel chart.

https://www.tradingview.com/chart/USOIL/wQwHY8Q5-60-minute-simple-crude-oil-trendline-trending-channel-chart/

60 min, oil, chart, trending, channel

60 minute simple crude oil trendline, trending channel chart.

4 Hour Symmetry Chart Model.

4 Hour Symmetry Chart, Previous Resistance Now Support 1220 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/WTICOUSD/Q5bMztVz-4-Hour-Symmetry-Chart-Previous-Resistance-Now-Support-1220-AM-A/

4 hour, oil symmetry, chart

4 Hour Symmetry Chart, Previous Resistance Now Support 1220 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

Trade in crude oil has recently jumped up over the channel resistance and now trades above the channel top (now support).

https://www.tradingview.com/chart/WTICOUSD/h6IcZDg3-4-Hour-Symmetry-Crude-Oil-Trading-Model-146-AM-April-17-FX-USOIL/

oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 146 AM April 17 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

Crude oil has been trading in the channel on this algorithmic model since an 7, 2019. The white dotted lines at the top and bottom of this structure are support and resistance in the trending channel. The targets are historical hits.

https://www.tradingview.com/chart/WTICOUSD/In9ecRYl-4-Hour-Symmetry-Crude-Oil-Trading-Model-546-PM-April-7-FX-USOIL/

4 hour, crude, oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 546 PM April 7 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

The white targets are showing a possible divergence to trade either up or down in to either of the white targets in this time cycle.

https://www.tradingview.com/chart/WTICOUSD/Z6GiJd5a-4-Hour-Symmetry-Crude-Oil-Trading-Model-1118-PM-Mar-31-FX-USOIL/

4 hour, oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 1118 PM Mar 31 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

4 Hour Oil Concept Trading Model.

The 4 hour crude oil concept model below has trend-lines, Fibonacci support and resistance horizontal lines (pay close attention to the gray horizontal lines) and diagonal algorithmic Fib trend lines (orange dotted).

4 Hour Concept Crude Oil Trading Model April 21 1241 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/WTICOUSD/LDEQiuCh-4-Hour-Concept-Crude-Oil-Trading-Model-April-21-1241AM-FX-USOIL/

4 hour,oil, concept, chart

4 Hour Concept Crude Oil Trading Model April 21 1241AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Daily Trading Model.

The daily time frame provides a larger structure to consider. The diagonal Fib lines are important as are the mid quad horizontal lines. The moving averages (especially the 200 MA) should be considered in your trade strategy. The MACD is a common indicator on the daily oil chart for forward positioning and trend bias.

Daily Chart Structure Crude Oil Trading Model. MACD turned down. 1248 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/i1bnKqcZ-Daily-Chart-Structure-Crude-Oil-Trading-Model-MACD-turned-down/

daily, oil, chart, MACD

Daily Chart Structure Crude Oil Trading Model. MACD turned down. 1248 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/JjxJWS35-Daily-Chart-Structure-Crude-Oil-Trading-Model-156-AM-April-7-FX/

daily, chart, oil

Daily Chart Structure Crude Oil Trading Model 156 AM April 17 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Weekly Oil Trading Model.

The most important signals on the weekly chart model are the red historical trend lines. Pay very close attention to them. There are other common indicators included on the model also.

Weekly Trend line Crude Oil Trading Model `155 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/iL99s2gC-Weekly-Trendline-Crude-Oil-Trading-Model-155-AM-April-21-FX-USO/

weekly, oil, trend line, chart

Weekly Trendline Crude Oil Trading Model `155 AM April 21 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;weekly, chart, oil

Weekly Trendline Crude Oil Trading Model April 17 201 AM FX USOIL WTI $USO $CL_F #Oil #Trading #StrategiesMonthly Oil Trading Model.

Monthly Structure Crude Oil Trading Model April 21 100 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/t5uxWcxn-Monthly-Structure-Crude-Oil-Trading-Model-April-21-100-AM-FX-USO/

monthly, oil, chart, structure

Monthly Structure Crude Oil Trading Model April 21 100 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

Price currently testing quad diagonal Fib trend line resistance.

https://www.tradingview.com/chart/USOIL/a17rpOL5-Monthly-Structure-Crude-Oil-Trading-Model-April-17-205-AM-FX-USO/

monthly, chart, structure

Monthly Structure Crude Oil Trading Model April 17 205 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

https://www.tradingview.com/chart/USOIL/sttZx83M-Monthly-200-MA-Crude-Oil-Trading-Chart-April-8-1247-AM-FX-USOIL/

monthly, oil , chart

Monthly 200 MA Crude Oil Trading Chart April 8 1247 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Further Learning:

If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.

Welcome to NYMEX WTI Light Sweet Crude Oil Futures.

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Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

Article Topics: Day Trading, Crude, Oil, Trading, Futures, Strategy, Signals, USOIL, WTI, CL_F, USO

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April 18, 2019: Below are the updated crude oil trading models in chart form to be used in forming trading strategies for day trading, intra-day swing trading and swing trading weekly and monthly time frames.

The charts are suitable for human mechanically executed trading and are also the models our coding staff are using for our crude oil machine trade coding.

With each chart model there are trade strategy notes included for consideration.

If you have any questions about the models below please email us at compoundtradingofficial@gmail.com.

Please note, the charts are distributed to various groups and individuals with various url’s. If you are using more than one device to access the charting please email us a general description of those devices to assist us in controlling dissemination.

EPIC Crude Oil Algorithm Model.

Resistance and support is at each line on the algorithmic oil model chart. The primary areas are quad walls / channel support and resistance (orange dotted diagonal), mid channel line (white dotted diagonal), Fibonacci (various horizontal colored lines), historical support and resistance (purple horizontal). The swing trading range is from thick horizontal gray line to the next.

https://www.tradingview.com/chart/USOIL/FTduGqsw-EPIC-30-Min-Crude-Oil-Trading-Model-Intra-day-crude-oil-trade-A/

crude, oil, algorithm, chart, EPIC

EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. April 17 1255 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Per previous;

https://www.tradingview.com/chart/USOIL/56XUg9W5-EPIC-30-Min-Crude-Oil-Trading-Model-Intra-day-crude-oil-trade-A/

30 Min, algorithm, EPIC, crude, oil, trade

EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. April 8 1229 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Per previous;

https://www.tradingview.com/chart/USOIL/0ENSoplS-One-Min-Crude-Oil-Trading-Model-521-PM-Mar-31-FX-USOIL-WTI-USO/

EPIC, crude, oil, model, algorithm

EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. Mar 31 500 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

One Minute Oil Trading Model.

The one minute oil trading model provides for pinpoint trade entry, sizing and exit points. It is also used for squeeze scenarios in oil day trading. The main range is between the red / blue areas with thicker dotted white lines. The range is considerably more predictable in a squeeze scenario.

https://www.tradingview.com/chart/USOIL/0ecJFSUm-One-Min-Crude-Oil-Trading-Model-104-AM-April-17-FX-USOIL-WTI-US/

daytrading, crude, oil, chart

One Min Crude Oil Trading Model 104 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/itdJTAWN-One-Min-Crude-Oil-Trading-Model-404-PM1-April-7-FX-USOIL-WTI-US/

one, minute, oil, trading, chart, day trade

One Min Crude Oil Trading Model 404 PM1 April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/0ENSoplS-One-Min-Crude-Oil-Trading-Model-521-PM-Mar-31-FX-USOIL-WTI-USO/

1 minute, oil, chart

One Min Crude Oil Trading Model 521 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

5 Minute Crude Oil Chart Model.

The five minute oil trading strategy chart below includes a Elliot impulse 5 wave component for when oil is trading intraday on this time frame. The horizontal uptrending green lines can be used as support and resistance decision areas.

https://www.tradingview.com/chart/USOIL/xHXDvdga-5-Min-Crude-Oil-Trade-Model-concept-chart-107-AM-April-17-FX-U/

crude, oil, 5 min, chart

5 Min Crude Oil Trade Model (concept chart) 107 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/3FB0mls7-5-Min-Crude-Oil-Trade-Model-concept-chart-114-AM-April-8-FX-US/

5 min, crude, oil , chart

5 Min Crude Oil Trade Model (concept chart) 416 PM April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/VizqJrPf-5-Min-Crude-Oil-Trade-Model-concept-chart-456-PM-Mar-31-FX-USO/

 5 min, oil chart

5 Min Crude Oil Trade Model (concept chart) 456 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

15 Minute Crude Oil Trading Structure.

This is more a doodle chart than anything at this point, we are looking for a structured chart for the 15 minute time frame.

https://www.tradingview.com/chart/USOIL/Y45duTii-15-Min-Crude-Oil-Trade-Model-doodle-chart-110-AM-April-17-FX-U/

15 min, crude oil, chart

15 Min Crude Oil Trade Model (doodle chart) 110 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

30 Minute Crude Oil Trading Structure.

The 30 minute structure primarily uses the Fibonacci trend-lines that for the diamond shapes (quads) and the mid / top / bottom of quads marked in white dotted horizontal lines (key support and resistance areas).

Pay special attention to the relation between the intra-day price of crude oil and the 20 MA and 200 MA on the 30 minute chart.

https://www.tradingview.com/chart/USOIL/crpw7J0u-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-120-AM-Apri/

30 min, crude, oil, chart

30 Min Alternate (wide view) Crude Oil Trading Model 120 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per recent;

https://www.tradingview.com/chart/USOIL/H0slVqc5-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-549-PM-Apri/

30 min, oil, chart

30 Min Alternate (wide view) Crude Oil Trading Model 549 PM April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/su8pnCYm-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-906-PM-Mar/

30 min, oil, chart,micro

30 Min Alternate (wide view) Crude Oil Trading Model 906 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

30 Minute Micro Oil Trading Structure.

Daytrading levels added to the 30 minute chart structure.

https://www.tradingview.com/chart/USOIL/0jtYp6Hi-30-Min-Alternate-micro-view-Crude-Oil-Trading-Model-134-AM-Apr/

30 min, micro, oil, chart, daytrade

30 Min Alternate (micro view) Crude Oil Trading Model 134 AM April 17 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/UBNkt8RA-30-Min-Alternate-micro-view-Crude-Oil-Trading-Model-444-PM-Apr/

30 min, crude, oil , chart

30 Min Alternate (micro view) Crude Oil Trading Model 444 PM April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/jrmZ8InZ-30-Min-Alternate-micro-view-Crude-Oil-Trading-Model-1013-PM-Ma/

30 minute, oil, chart

30 Min Alternate (micro view) Crude Oil Trading Model 1013 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

4 Hour Symmetry Chart Model.

Trade in crude oil has recently jumped up over the channel resistance and now trades above the channel top (now support).

https://www.tradingview.com/chart/WTICOUSD/h6IcZDg3-4-Hour-Symmetry-Crude-Oil-Trading-Model-146-AM-April-17-FX-USOIL/

oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 146 AM April 17 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

Crude oil has been trading in the channel on this algorithmic model since an 7, 2019. The white dotted lines at the top and bottom of this structure are support and resistance in the trending channel. The targets are historical hits.

https://www.tradingview.com/chart/WTICOUSD/In9ecRYl-4-Hour-Symmetry-Crude-Oil-Trading-Model-546-PM-April-7-FX-USOIL/

4 hour, crude, oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 546 PM April 7 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

The white targets are showing a possible divergence to trade either up or down in to either of the white targets in this time cycle.

https://www.tradingview.com/chart/WTICOUSD/Z6GiJd5a-4-Hour-Symmetry-Crude-Oil-Trading-Model-1118-PM-Mar-31-FX-USOIL/

4 hour, oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 1118 PM Mar 31 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

4 Hour Oil Concept Trading Model.

The 4 hour crude oil concept model below has trendlines, Fibonacci support and resistance horizontal lines (pay close attention to the gray horizontal lines) and diagonal algorithmic Fib trend lines (orange dotted).

https://www.tradingview.com/chart/WTICOUSD/socuKeZL-4-Hour-Concept-Crude-Oil-Trading-Model-April-17-153-AM-FX-USOIL/

4 hr, crude, oil, concept, chart

4 Hour Concept Crude Oil Trading Model April 17 153 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/WTICOUSD/uFUea6H8-4-Hour-Concept-Crude-Oil-Trading-Model-April-7-429-PM-FX-USOIL-W/

4 hour, oil , chart

4 Hour Concept Crude Oil Trading Model April 7 429 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/WTICOUSD/ZcpM2Fqk-4-Hour-Concept-Crude-Oil-Trading-Model-1202-April-1-FX-USOIL-WTI/

4 hour, oil, chart, concept

4 Hour Concept Crude Oil Trading Model 1202 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Daily Trading Model.

The daily time frame provides a larger structure to consider. The diagonal Fib lines are important as are the mid quad horizontal lines. The moving averages (especially the 200 MA) should be considered in your trade strategy.

https://www.tradingview.com/chart/USOIL/JjxJWS35-Daily-Chart-Structure-Crude-Oil-Trading-Model-156-AM-April-7-FX/

daily, chart, oil

Daily Chart Structure Crude Oil Trading Model 156 AM April 17 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/MlBUsY50-Daily-Chart-Structure-Crude-Oil-Trading-Model-510-PM-April-7-FX/

Daily, crude, oil, strategy, chart

Daily Chart Structure Crude Oil Trading Model 510 PM April 7 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/XU1qo0wA-Daily-Chart-Structure-Crude-Oil-Trading-Model-1226-April-1-FX-US/

daily, oil, chart

Daily Chart Structure Crude Oil Trading Model 1226 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Weekly Oil Trading Model.

The most important signals on the weekly chart model below are the red historical trend lines. Pay very close attention to them. There are other common indicators on the model also.

weekly, chart, oil

Weekly Trendline Crude Oil Trading Model April 17 201 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/6QQ9NQDr-Weekly-Trendline-Crude-Oil-Trading-Model-April-7-534-PM-FX-USOIL/

crude, oil, trading ,strategies, weekly

Weekly Trendline Crude Oil Trading Model April 7 534 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/hZ7LN7Y2-Weekly-Trendline-Crude-Oil-Trading-Model-1219-April-1-FX-USOIL-W/

oil, weekly, chart

Weekly Trendline Crude Oil Trading Model 1219 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Monthly Oil Trading Model.

Price currently testing quad diagonal Fib trend line resistance.

https://www.tradingview.com/chart/USOIL/a17rpOL5-Monthly-Structure-Crude-Oil-Trading-Model-April-17-205-AM-FX-USO/

monthly, chart, structure

Monthly Structure Crude Oil Trading Model April 17 205 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per recent;

https://www.tradingview.com/chart/USOIL/QswfAw7E-Monthly-Structure-Crude-Oil-Trading-Model-April-8-1244-AM-FX-USO/

Monthly Structure Crude Oil Trading Model April 8 1244 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Monthly Structure Crude Oil Trading Model April 8 1244 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous

https://www.tradingview.com/chart/USOIL/sttZx83M-Monthly-200-MA-Crude-Oil-Trading-Chart-April-8-1247-AM-FX-USOIL/

monthly, oil , chart

Monthly 200 MA Crude Oil Trading Chart April 8 1247 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Further Learning:

If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.

Welcome to NYMEX WTI Light Sweet Crude Oil Futures.

Subscribe to Oil Trading Platform:

Standalone Oil Algorithm Newsletter (member charting sent out weekly).

Real-Time Oil Trading Alerts (Private Twitter feed).

Oil Trading Room / Algorithm Newsletter / Alert Bundle (includes weekly newsletter, trading room, charting and real-time trading alerts on Twitter).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

Click here to find all information and pricing on Oil Newsletter, Trading Chat Room, Oil Alerts and more.

Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

Article Topics: Day Trading, Crude, Oil, Trading, Futures, Strategy, USOIL, WTI, CL_F, USO

Follow:

 


April 14, 2019

The subscriber platform updates below are important because we have come full circle on many things and there are big changes on the horizon.

Crude Oil Trade Alerts

In recent months we have been coding our oil software and this has caused most crude oil trade alerts to be machine related. This will be changing starting this week because we are as good as done the code testing for crude oil (see more detail below on this topic). This will allow me to personally execute more crude oil trading on a personal basis.

So starting this week and going forward there will still be machine trading alerts but there will be much more of my own alerts also.

I have spoken to a number of our clients that wish for this to return also (because I have personal trade processes that are time tested and not experimental or high frequency such as when we were developing the oil software).

Swing Trading Alerts

If you have not been following our swing trading alerts and you are swing trading you should be watching these alerts closely.

We have had a blow out year in swing trading – we are hitting over 90% win rate and the swing trading wins have been unusually large ROI.

I expect this to continue as the structure of charting we are using for swing trading is just getting better and better as time goes on. Eventually (soon) we will be coding many of the equities for swing trading also BTW.

Crude Oil Machine Trading / Coding

In short (point form), this is a where we are at with coding the machine trade for crude oil:

  • Time Frames (charting).
    • We initially coded the oil machine trade software for the primary time frames (on charting) and over time found that all time frames were required for the software to trigger properly, this has been completed with the exception of two time-frames – hourly and fifteen minute. We have tested a few variations of the fifteen and one hour time frames that we are not completely satisfied with as of yet. Eleven out of thirteen are complete. This has helped consistency / accuracy of trade execution. The last two time frames will be coded over the coming weeks.
  • Risk Tolerance / Threshold (variance, draw-downs, returns).
    • Recently we had the risk tolerance throttled to a return level of about .25% per day, then we moved it up to .5%. At .25% and at .5% the software executed well with very little possible down-side scenarios. Then we released the throttle to .6%, .75% and .9% and as the throttle was released above .5% the potential draw-down variance escalated to an uncomfortable point by mid Friday trade last week. Now, it is important to note that I am referring to a ten contract size account, on a thirty contract size account this would be different because the risk tolerance variance is different. A few contracts on a thirty contract size account that are in an intra day loss position is not nearly the same as a ten contract account. For the purpose of our current coding structure we are coding for ten and five contract account size. Soon we will code for twenty, thirty and so on.
    • Our experience last week caused us by the end of the week to settle with running the software for a .5% throttle for the next thirty days. This will allow the accounts to build with the potential of very little draw down.
    • This will provide an average return of .5% per day on an average day with opportunity for up to 2% return on better days and .5% or so on loss days. The loss days and higher return days will be anomalies. After thirty days we will reassess and any throttle adjustments will be made in much smaller increments in future.
  • Target Returns.
    • What is possible on paper (or paper trading) and what is reality when put in to practice (as it relates to machine trading) are two different things (you cannot paper trade test this software with great accuracy). There are many reasons for this, but the primary reasons are order fills and tight time frame high frequency trading (one minute time frame or less). We have completely abandoned the idea of HFT on one minute or less time frames. This is highly competitive, we believe most participants are losing in this space, location of servers relative to the exchange and more become variables. On paper HFT offers 100% return per month (the math works) but order fills (especially on lower time frames) are at issue.
    • So what is a reasonable return expectation for the time-frames we have identified as the most consistent time-frames with the lowest risk thresholds? We know .5% per day or 120% per year is reasonable (based on real life experience) and we believe 1% a day is attainable. We have seen up to 2% per day (in real life scenario) but the draw down scenarios are outside of our current comfort zone. Maybe in future (as returns are realized) we will slowly release the throttle toward that goal.
    • For now we are going to focus on .5% per day with opportunity for some better days that we believe over a number of weeks will result in .5% – .7% on average. Any changes to the code will be very small and incrementally slower.
    • The primary target we use is Renaissance Technologies reported returns;
      • Renaissance’s flagship Medallion fund, which is run mostly for fund employees,[8] “is famed for one of the best records in investing history, returning more than 35 percent annualized over a 20-year span”.[5] From 1994 through mid-2014 it averaged a 71.8% annual return. https://en.wikipedia.org/wiki/Renaissance_Technologies
      • If we achieve 120% per year we are doing exceptionally well, we have shown over short duration while testing recently that we can achieve this, the unknown is whether our software can achieve this consistently over a quarter, and a year or more.
  • Order Flow (IDENT).
    • Our software triggers on structure (charting time frames), timing cycles, direction of trade (momentum) and order flow (the IDENT program).
    • Specific to our order flow, it is important to note that as the throttle is released the primary cause of variance or risk threshold widening is the IDENT order flow technology we are developing. In other words, if the throttle is opened to a return of 1% per day vs .5% then the draw-down possibility is much greater because the software is weighing order flow positioning greater than say chart structure. In short the software is following position bias and size based on identified machine trading market players. At issue is the size of account (as I noted above). I mention (or give some description) of the IDENT program and subsequent sizing and positioning as it relates to throttle because the stops widen greatly. A throttle at .5% on average will allow about 11 tick stops (often dynamic trailing) but at 1% the field range in play can be up to 40 or more ticks. It is a structured environment that becomes complex to explain in short but I think you get the idea. The bottom line is that it is most comfortable to have a minimum thirty contract size account for this scenario (as mentioned above) so that when up to five contracts are dealing with a forty tick variance it is not as uncomfortable as a ten contract size account.
  • Summary.
    • We will leave the oil machine trade code risk tolerance throttle for now at where we are most comfortable and where we know it works to the highest degree of certainty, at .5%.
    • Any changes will be small and incrementally slow.
    • This will achieve low down-side risk and consistent gains.

Webinars

  • Crude Oil Trade Webinar
    • We recently ran a one day crude oil trading webinar and after it was complete I stated that we would run a series of shorter crude oil trading webinars to complete descriptions of various set-ups that I wanted to be sure the attendees all had. Anyway, I had planned to do these on Sundays in the afternoons immediately following but I have not had time. Soon I will be continuing these short webinars to complete the rest of the set-ups (structures) for trading crude oil.
  • Swing Trading Webinar
    • With our very successful swing trading platform (we have achieved 100% per year every year and the first quarter of 2019 has been outstanding) many have asked me to do a one day webinar and I planned to get one in before the end of April. This is still my goal and I expect to get a notice out this week for the one day swing trading webinar. Also the P/L for the swing trades will be released soon (Jen is on it).
  • Webinars for the other algorithm models will also be scheduled soon, watch for updates.

Going Private, Personal Subscriber Conversations, Alerts, Personal Trading Set-Ups

Over the last number of days I have had personal Skype conversations with a number of our retail trading clients and commercial enterprise clients. All of which have asked that we remain at least semi public and all have asked that I provide more personal trade insight and alerts. Even though I desire to take our platform 100% private and only bring our current clients with us I am going to make the following adjustments to our plans and announcements will be forthcoming.

  • I will be doing more personal trading, providing more personal trade set-up insight and alerts over the coming weeks and forward. I feel an obligation to this and to be honest it is win – win because many of the subscribers become friends and day to day the reciprocation of trading set up ideas is beneficial for me also. It is a win win, so yes I get it and I will adjust accordingly.
  • Second, I will make adjustment to our “going dark” and only make it semi private. The details will be announced. I think a happy medium balance is to have a basic application process at entry. My main objective is keeping the “casino mind” retail traders out of our midst because I don’t feel it is my skill to train that out of a beginner. My skill is after the casino mind has humbled a retail trader. In other words, teaching structured discipline rule-set trading. So I will make adjustments and announcements will be made over the coming days.
  • Over the coming weeks I will be reaching out to every subscriber on a personal basis to touch base (as time allows I will contact each of you and there is no obligation, I just think its important to do this at least once a year).

Reporting this Week

  • Reporting this week likely won’t start until sometime Monday or Tuesday but any pertinent charting will be sent in the meantime. We spent the weekend re-setting the code (as described above) and reaching out to many of our subscribers for input.

Thanks so much everyone for being part of this journey, your patience in our petri dish science approach, supporting our work and sticking with our efforts to develop a platform by traders for traders for a better trading future and associated freedom.

Any questions or thoughts send me an email compoundtradingofficial@gmail.com.

Best and peace.

Curt

 


Below are the updated crude oil trading models in chart form to be used in forming trading strategies for day trading, intra-day swing trading and swing trading weekly and monthly time frames.

The charts are suitable for human mechanically executed trading and are also the models our coding staff are using for our crude oil machine trading.

With each chart model there are trade strategy notes included for consideration.

If you have any questions about the models below please email us at compoundtradingofficial@gmail.com.

Please note, the charts are distributed to various groups and individuals with various url’s. If you are using more than one device to access the charting please email us a general description of those devices to assist us in controlling dissemination.

EPIC Crude Oil Algorithm Model.

Resistance and support is at each line on the algorithmic oil model chart. The primary areas are quad walls and channel support and resistance (orange dotted), mid channel line (white dotted), Fibonacci (various horizontal colors), historical support and resistance (purple), The swing trading range is from thick horizontal gray line to the next.

https://www.tradingview.com/chart/USOIL/56XUg9W5-EPIC-30-Min-Crude-Oil-Trading-Model-Intra-day-crude-oil-trade-A/

30 Min, algorithm, EPIC, crude, oil, trade

EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. April 8 1229 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Per previous;

https://www.tradingview.com/chart/USOIL/0ENSoplS-One-Min-Crude-Oil-Trading-Model-521-PM-Mar-31-FX-USOIL-WTI-USO/

EPIC, crude, oil, model, algorithm

EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. Mar 31 500 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

One Minute Oil Trading Model.

The one minute oil trading model provides for pinpoint trade entry, sizing and exit points. It is also used for squeeze scenarios in oil day trading. The main range is between the red / blue areas with thicker dotted white lines. The range is considerably more predictable in a squeeze scenario.

https://www.tradingview.com/chart/USOIL/itdJTAWN-One-Min-Crude-Oil-Trading-Model-404-PM1-April-7-FX-USOIL-WTI-US/

one, minute, oil, trading, chart, day trade

One Min Crude Oil Trading Model 404 PM1 April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/0ENSoplS-One-Min-Crude-Oil-Trading-Model-521-PM-Mar-31-FX-USOIL-WTI-USO/

1 minute, oil, chart

One Min Crude Oil Trading Model 521 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

5 Minute Crude Oil Chart Model.

The five minute oil trading strategy chart below includes a Elliot impulse 5 wave component for when oil is trading intraday on this time frame. The horizontal uptrending green lines can be used as support and resistance decision areas.

https://www.tradingview.com/chart/USOIL/3FB0mls7-5-Min-Crude-Oil-Trade-Model-concept-chart-114-AM-April-8-FX-US/

5 min, crude, oil , chart

5 Min Crude Oil Trade Model (concept chart) 416 PM April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/VizqJrPf-5-Min-Crude-Oil-Trade-Model-concept-chart-456-PM-Mar-31-FX-USO/

 5 min, oil chart

5 Min Crude Oil Trade Model (concept chart) 456 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

30 Minute Crude Oil Trading Structure.

The 30 minute structure primarily uses the Fibonacci trendlines that for the diamond shapes (quads) and the mid / top / bottom of quads marked in white dotted horizontal lines (key support and resistance areas).

Pay special attention to the relation between the intra-day price of crude oil and the 20 MA and 200 MA on the 30 minute chart.

https://www.tradingview.com/chart/USOIL/H0slVqc5-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-549-PM-Apri/

30 min, oil, chart

30 Min Alternate (wide view) Crude Oil Trading Model 549 PM April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/su8pnCYm-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-906-PM-Mar/

30 min, oil, chart,micro

30 Min Alternate (wide view) Crude Oil Trading Model 906 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

30 Minute Micro Oil Trading Structure 

https://www.tradingview.com/chart/USOIL/UBNkt8RA-30-Min-Alternate-micro-view-Crude-Oil-Trading-Model-444-PM-Apr/

30 min, crude, oil , chart

30 Min Alternate (micro view) Crude Oil Trading Model 444 PM April 7 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/jrmZ8InZ-30-Min-Alternate-micro-view-Crude-Oil-Trading-Model-1013-PM-Ma/

30 minute, oil, chart

30 Min Alternate (micro view) Crude Oil Trading Model 1013 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

4 Hour Symmetry Chart Model.

Crude oil has been trading in the channel on this algorithmic model since an 7, 2019. The white dotted lines at the top and bottom of this structure are support and resistance in the trending channel. The targets are historical hits.

https://www.tradingview.com/chart/WTICOUSD/In9ecRYl-4-Hour-Symmetry-Crude-Oil-Trading-Model-546-PM-April-7-FX-USOIL/

4 hour, crude, oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 546 PM April 7 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

The white targets are showing a possible divergence to trade either up or down in to either of the white targets in this time cycle.

https://www.tradingview.com/chart/WTICOUSD/Z6GiJd5a-4-Hour-Symmetry-Crude-Oil-Trading-Model-1118-PM-Mar-31-FX-USOIL/

4 hour, oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 1118 PM Mar 31 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

4 Hour Oil Concept Trading Model.

The 4 hour crude oil concept model below has trendlines, Fibonacci support and resistance horizontal lines (pay close attention to the gray horizontal lines) and diagonal algorithmic Fib trend lines (orange dotted).

https://www.tradingview.com/chart/WTICOUSD/uFUea6H8-4-Hour-Concept-Crude-Oil-Trading-Model-April-7-429-PM-FX-USOIL-W/

4 hour, oil , chart

4 Hour Concept Crude Oil Trading Model April 7 429 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/WTICOUSD/ZcpM2Fqk-4-Hour-Concept-Crude-Oil-Trading-Model-1202-April-1-FX-USOIL-WTI/

4 hour, oil, chart, concept

4 Hour Concept Crude Oil Trading Model 1202 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Daily Trading Model.

The daily time frame provides a larger structure to consider. The diagonal Fib lines are important as are the mid quad horizontal lines. The moving averages (especially the 200 MA) should be considered in your trade strategy.

https://www.tradingview.com/chart/USOIL/MlBUsY50-Daily-Chart-Structure-Crude-Oil-Trading-Model-510-PM-April-7-FX/

Daily, crude, oil, strategy, chart

Daily Chart Structure Crude Oil Trading Model 510 PM April 7 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/XU1qo0wA-Daily-Chart-Structure-Crude-Oil-Trading-Model-1226-April-1-FX-US/

daily, oil, chart

Daily Chart Structure Crude Oil Trading Model 1226 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Weekly Oil Trading Model.

The most important signals on the weekly chart model below are the red historical trend lines. Pay very close attention to them. There are other common indicators on the model also.

https://www.tradingview.com/chart/USOIL/6QQ9NQDr-Weekly-Trendline-Crude-Oil-Trading-Model-April-7-534-PM-FX-USOIL/

crude, oil, trading ,strategies, weekly

Weekly Trendline Crude Oil Trading Model April 7 534 PM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Per previous;

https://www.tradingview.com/chart/USOIL/hZ7LN7Y2-Weekly-Trendline-Crude-Oil-Trading-Model-1219-April-1-FX-USOIL-W/

oil, weekly, chart

Weekly Trendline Crude Oil Trading Model 1219 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Monthly Oil Trading Model.

https://www.tradingview.com/chart/USOIL/QswfAw7E-Monthly-Structure-Crude-Oil-Trading-Model-April-8-1244-AM-FX-USO/

Monthly Structure Crude Oil Trading Model April 8 1244 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Monthly Structure Crude Oil Trading Model April 8 1244 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

https://www.tradingview.com/chart/USOIL/sttZx83M-Monthly-200-MA-Crude-Oil-Trading-Chart-April-8-1247-AM-FX-USOIL/

monthly, oil , chart

Monthly 200 MA Crude Oil Trading Chart April 8 1247 AM FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Further Learning:

If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.

Welcome to NYMEX WTI Light Sweet Crude Oil Futures.

Subscribe to Oil Trading Platform:

Standalone Oil Algorithm Newsletter (member charting sent out weekly).

Real-Time Oil Trading Alerts (Private Twitter feed).

Oil Trading Room / Algorithm Newsletter / Alert Bundle (includes weekly newsletter, trading room, charting and real-time trading alerts on Twitter).

Commercial / Institutional Multi User License (for professional trading groups).

One-on-One Trade Coaching (Via Skype or in person).

Click here to find all information and pricing on Oil Newsletter, Trading Chat Room, Oil Alerts and more.

Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

Article Topics: Day Trading, Crude, Oil, Trading, Futures, Strategy, USOIL, WTI, CL_F, USO

Follow:

 


Below are the updated crude oil trading models in chart form to be used in forming trading strategies for day trading, intra-day swing trading and swing trading weekly and monthly time frames.

The charts are suitable for  human mechanically executed trading and are also the models our coding staff are using for our crude oil machine trading.

With each chart model there are trade strategy notes of consideration.

If you have any questions about the models below please email us at compoundtradingofficial@gmail.com.

Please note, the charts are distributed to various groups and individuals with various url’s. If you are using more than one device to access the charting please email us a general description of those devices to assist us in controlling dissemination.

EPIC Crude Oil Algorithm Model.

Resistance and support is at each line on the algorithmic oil model chart. The primary areas are quad walls and channel support and resistance (orange dotted), mid channel line (white dotted), Fibonacci (various horizontal colors), historical support and resistance (purple), The swing trading range is from thick horizontal gray line to the next.

https://www.tradingview.com/chart/USOIL/0ENSoplS-One-Min-Crude-Oil-Trading-Model-521-PM-Mar-31-FX-USOIL-WTI-USO/

EPIC, crude, oil, model, algorithm

EPIC 30 Min Crude Oil Trading Model Intra-day crude oil trade. Mar 31 500 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

EPIC Oil Algorithm Up Channel Scenario with Price Targets.

crude, oil, algorithm

EPIC 30 Min Crude Oil Trading Model. Weekly uptrending scenario. Mar 31 501 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

EPIC Oil Algorithm Down Trending Scenario with Price Targets

EPIC, crude, oil, algorithm, down channel

EPIC 30 Min Crude Oil Trading Model. Weekly down trending scenario. Mar 31 502 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

One Minute Oil Trading Model.

The one minute oil trading model provides for pinpoint trade entry, sizing and exit points. It is also used for squeeze scenarios in oil daytrading. The main range is between the red / blue areas with thicker dotted white lines.

https://www.tradingview.com/chart/USOIL/0ENSoplS-One-Min-Crude-Oil-Trading-Model-521-PM-Mar-31-FX-USOIL-WTI-USO/

1 minute, oil, chart

One Min Crude Oil Trading Model 521 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

5 Minute Crude Oil Chart Model.

The five minute oil trading strategy chart below includes a Elliot impulse 5 wave component for when oil is trading intraday on this time frame. The horizontal uptrending green lines can be used as support and resistance decision areas.

https://www.tradingview.com/chart/USOIL/VizqJrPf-5-Min-Crude-Oil-Trade-Model-concept-chart-456-PM-Mar-31-FX-USO/

 5 min, oil chart

5 Min Crude Oil Trade Model (concept chart) 456 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

30 Minute Crude Oil Trading Structure.

The 30 minute structure primarily uses the Fibonacci trendlines that for the diamond shapes (quads) and the mid / top / bottom of quads marked in white dotted horizontal lines (key support and resistance areas).

Pay special attention to the relation between the intra-day price of crude oil and the 20 MA and 200 MA on the 30 minute chart.

https://www.tradingview.com/chart/USOIL/su8pnCYm-30-Min-Alternate-wide-view-Crude-Oil-Trading-Model-906-PM-Mar/

30 min, oil, chart,micro

30 Min Alternate (wide view) Crude Oil Trading Model 906 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

30 Minute Micro Oil Trading Structure 

https://www.tradingview.com/chart/USOIL/jrmZ8InZ-30-Min-Alternate-micro-view-Crude-Oil-Trading-Model-1013-PM-Ma/

30 minute, oil, chart

30 Min Alternate (micro view) Crude Oil Trading Model 1013 PM Mar 31 FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Strategies

4 Hour Symmetry Chart Model.

Crude oil has been trading in the channel on this algorithmic model since an 7, 2019. The white dotted lines at the top and bottom of this structure are support and resistance in the trending channel. The targets are historical hits. The white targets are showing a possble divergence to trade either up or down in to either of the white targets in this time cycle.

https://www.tradingview.com/chart/WTICOUSD/Z6GiJd5a-4-Hour-Symmetry-Crude-Oil-Trading-Model-1118-PM-Mar-31-FX-USOIL/

4 hour, oil, symmetry, chart

4 Hour Symmetry Crude Oil Trading Model 1118 PM Mar 31 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

4 Hour Oil Concept Trading Model.

The 4 hour crude oil concept model below has trendlines, Fibonacci support and resistance horizontal lines (pay close attention to the gray horizontal lines) and diagonal algorithmic Fib trend lines (orange dotted).

https://www.tradingview.com/chart/WTICOUSD/ZcpM2Fqk-4-Hour-Concept-Crude-Oil-Trading-Model-1202-April-1-FX-USOIL-WTI/

4 hour, oil, chart, concept

4 Hour Concept Crude Oil Trading Model 1202 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Daily Trading Model.

The daily time frame provides a larger structure to consider. The diagonal Fib lines are important as are the mid quad horizontal lines. The moving averages (especially the 200 MA) should be considered in your trade strategy.

https://www.tradingview.com/chart/USOIL/XU1qo0wA-Daily-Chart-Structure-Crude-Oil-Trading-Model-1226-April-1-FX-US/

daily, oil, chart

Daily Chart Structure Crude Oil Trading Model 1226 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Weekly Oil Trading Model.

The most important signals on the weekly chart model below are the red historical trend lines. Pay very close attention to them. There are other common indicators on the model also.

https://www.tradingview.com/chart/USOIL/hZ7LN7Y2-Weekly-Trendline-Crude-Oil-Trading-Model-1219-April-1-FX-USOIL-W/

oil, weekly, chart

Weekly Trendline Crude Oil Trading Model 1219 April 1 FX USOIL WTI $USO $CL_F #Oil #Trading #Strategies

Further Learning:

If you would like to learn more, click here and visit our Crude Oil Trading Academy page for complimentary oil trading knowledge – posts from our top crude oil traders that includes learning systems, blog posts and videos.

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Curtis Melonopoly (@curtmelonopoly) is rated Top 250 Stock exchanges authority, covering also Mathematical finance and Economy of the United States

Article Topics: Day Trading, Crude, Oil, Trading, Futures, Strategy, USOIL, WTI, CL_F, USO

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