Day Trading Strategy for Crude Oil Futures Trade the Week of January 20, 2019.

Oil futures open tonight at 6:00 Eastern, below is my battle plan for this week. The regular EPIC Crude Oil Weekly Reporting is taking on a different format this week per below.

My strategy this week for my oil trading is primarily based on the EPIC Oil Algorithm charting model.

The EPIC model is by far the best model we use. This week the model will be completely normalized as we are past the charting anomalies from the holiday period. The updated EPIC charting will be emailed to members after futures open and after the techs have renewed the model to new data (post open).

  • Trading the range of the quadrants and range of the channels.
    • Respecting the key resistance and support areas of the model at quadrant walls (orange dotted), channel support and resistance (orange dotted), mid quad horizontal support and resistance (horizontal line that cuts through mid quad) and the mid channel lines (light gray dotted).
  • Sizing should be considered at key support and resistance of the EPIC model structure. The model can be used to determine sizing bias on tighter time frames on one minute below. Sizing can also be a consideration for short term swing trading the model.

Screen capture of trade moving through EPIC Crude Oil Algorithm range in trade last week.

EPIC, Oil, crude, algorithm, trading, strategy

Screen capture of trade moving through EPIC Crude Oil Algorithm range in trade last week. #crude #oil #trading

The timing of my trades will be based on the one minute chart model.

  • Volume.
    • Wait for volume. Low volume periods have lower predictability in the models.
  • Trend.
    • Determine the intra-day direction (trend) of trade. Strong bias should be considered for long or short positioning based on intra-day trend. Upward trend I will be bias to long positions and down trend intra-day I will be bias to short positions.
    • Determine the trend on the daily chart, some bias should be toward that. Watch the MACD on the daily, although it is a moderately late indicator it does confirm your bias.
    • Check important timing for key global market open hours (inflections in day trend can occur here, especially with New York).
  • Support and Resistance.
    • In an uptrend try and execute on support of the range on the one minute trading box (short term pull back) – the opposite is true in a downtrend.
  • Trade Sizing and Positioning
    • In a predictable structure sizing intra-day should be maximum at entry and trims at mid trading box and top or bottom of trading box – specific to the 1 minute chart model.
    • Trim positions at mid trading box and top of trading box for long positions and the opposite is true in shorting. In a squeeze or sell-off this is more difficult. Typically I trade the break upside at resistance or downside at support breached.
  • Timing Entry.
    • The main trading box on the one minute is the support and resistance of the range (where the red and blue dotted and white dotted are), however, to pin point timing to the second you can use the pivot areas (top and bottom of range) and monitor the coil around the main support and resistance areas and use the smaller trading box around the pivots. Recent blog posts / videos discuss this and I will discuss further in near term video / blog posts.
    • Indicators on the one minute that I use are the Stochastic RSI, MACD and Squeeze Momentum Indicator. The nature of these indicators on a short time frame like the one minute can be deceiving for even the more advanced trader. Use them with caution.

One Minute Model for Day Trading Crude Oil Futures Jan 20 236 PM FX USOIL WTI $CL_F $WTI $USO #CrudeOil #Daytrading

The main trading box range is shown in chart below with purple arrows and the pivot at support and resistance trading box is shown with white arrows (for micro timing decisions).

https://www.tradingview.com/chart/USOIL/lZwOxUBj-One-Minute-Model-for-Day-Trading-Crude-Oil-Futures-Jan-20-236-PM/

trading, strategy, crude, oil, futures, one minute, model

Trade support and resistance shown on one minute chart model for crude oil futures day trading strategy.

I will also watch resistance and support levels on the 4 hour, daily, weekly and monthly chart models.

Beyond using the EPIC Oil Algorithm model for your weekly / daily trading structure and the one minute chart model for timing day trades I also use the daily, weekly and monthly chart models.

The longer the charting time-frame the more seriously support and resistance areas should be considered. In other words, key resistance on the monthly or weekly charts should trump consideration on the daily and 4 hour and so on.

Trading trend, indicators, support and resistance, support and resistance, indicators and more should have bias to your trade sizing and positioning.

Crude oil trading strategy on 4 hour chart model, key areas of support and resistance noted with white arrows.

Although a test chart (for our machine trading), this chart has been responding well to the bounce trend in oil trade so I continue to use it. The key areas of support and resistance are noted, however, all lines are support and resistance levels.

https://www.tradingview.com/chart/WTICOUSD/HSlDUao0-Crude-oil-trading-strategy-on-4-hour-chart-model-key-areas-of-s/

Crude, oil, 4 hour, chart

Crude oil trading strategy on 4 hour chart model, key areas of support and resistance noted with white arrows.

Key resistance and support for day trading crude oil futures on 4 hour test chart for sizing strategy on machine orders.

And with this chart also, it is responding well but also is a test chart. I’ve been watching it closely as the support and resistance areas on the charting do seem to be in play. Our techs are back testing test charts.

https://www.tradingview.com/chart/WTICOUSD/mxzmX1jP-Key-resistance-and-support-for-daytrading-crude-oil-futures-on-4/

4 hour, resistance, support, chart, crude, oil

Key resistance and support for day trading crude oil futures on 4 hour test chart for sizing strategy on machine orders.

Key support and resistance on daily crude oil chart is noted for day trading strategy.

https://www.tradingview.com/chart/USOIL/GLKLdhlh-Key-support-and-resistance-on-daily-crude-oil-chart-is-noted-for/

Crude, oil, daily, chart, trading, strategy

Key support and resistance on daily crude oil chart is noted for day trading strategy.

Key support and resistance noted on weekly crude oil chart for futures trade strategy.

https://www.tradingview.com/chart/USOIL/9tWNwSap-Key-support-and-resistance-noted-on-weekly-crude-oil-chart-for-f/

weekly, crude, oil, chart, futures, strategy

Key support and resistance noted on weekly crude oil chart for futures trade strategy.

Other charts are used in decisions for bias toward trade, refer to the most recent Crude Oil Member EPIC Algorithm reporting and private member discord oil trading room for other charting and guidance.

It is also highly recommended that you review recent reporting and videos released.

Jan 19 – A detailed inside look at our day traders’ strategies in crude oil day trading room.

How I Day Trade Crude Oil +90% Win Rate | Friday’s 158 Tick Move | The Strategy We Used To Trade It.

Jan 18 – By far one of the most important videos for day trading crude oil since our inception;

How I Day Trade Crude Oil on One Minute Chart | Trading Signals | Alerts (with video).

Jan 14 – Oil day traders need to see this article;

Crude Oil Day Trading Strategy | Oil Trading Room Video | Lead Trader Guidance.

If you have any questions send me a note please!

Best and peace!

Curt

PS Remember to protect capital at all cost, cut losers fast and know that when you win you really win. Use the 1 min charting model for entry timing, cut losers fast and re-enter if you have to. Do that until you learn how to be a regular win-side trader.

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, Futures, Strategy, USOIL, WTI, CL_F, USO

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Crude Oil Algorithm Trading Chart Report (EPIC) w/ Machine Trading Sunday Jan 13, 2019.

FX: $USOIL $WTI $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of seven primary Algorithmic Chart Models in development at Compound Trading Group (there are over one hundred in total in development at various stages in various markets).

NOTICES:

New members to our oil algorithm charting models, oil trade alerts and oil trading room are encouraged to on-board in a way that equips you as an oil trader for consistent profit.

Visit my public Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent crude oil trading algorithm blog posts, You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website explains how the oil algorithm was developed.

Invaluable are the crude oil trade alerts (available with or without the trading room / weekly report bundle) and the private member crude oil trading chat room on Discord (included in the bundle) and attendance to the live trading room.

The live alerts are important if you are not at your trading screens 24 hours a day and the chat room allows for interactive lead trader oil trade set-ups as each oil trade approaches. All bundle members can access the live oil trading room when active also.

Reviewing important points of reference and engaging the subscription resources will increase your probability of success considerably. This report also includes links to some recent example “how-to” videos.

Oil Trade Coaching – We strongly suggest users of this algorithmic crude oil trading strategy opt for some level of private one-on-one coaching with our lead trader. Our lead trader is maintaining a crude oil trading alert win-rate of over 90% as of Sept 2, 2018 (time-stamped, live alert, recorded).

On our website one-on-one online coaching packages are available (coaching via Skype) or you can request a custom package reflecting the time you wish to invest in learning. To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars, trade coaching bootcamps and private on location (in person) coaching sessions. 

Oil Trading Room – How to Use the Oil Algorithm

Oil Trading Room – How to Trade Intra-day with my Algorithmic Oil Charting

Oil Trading Alerts. Live Lead Trader Video Trading w EPIC Oil Algorithm

Recent articles / videos from our blog about how to trade crude oil with our oil trading algorithm (if you are a newer member that needs an unlock code for any of the posts below please email [email protected]):

How I Day Trade Crude Oil: 5 Trades 5 Wins 1.5 Hours 90 Ticks | Trading Room Video | Oil Trade Alerts

Crude Oil Trading Strategies | Oil Trading Room | Trade Oil Review

Crude Oil Trading Strategy | Technical Analysis & Guidance.

The Best Crude Oil Day Trading Signal Available | It Happened Again Today for 153 Tick Gain Intra-Day.

Crude Oil Trading Strategy: Career Trade Set-Up. Technical Analysis Trading Room w/ Video

Crude Oil Algorithmic Trading: A Simple Strategy That Wins – Real Life Example.

Daytrading Crude Oil: Buy Sell Signals Strategy for Intra-day Sell Off Reversal.

Crude Oil Trading Strategies: This Is It. How To Trade Crude Oil’s Next Move.

Protected: Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.

Protected: Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).

For the more articles / videos available visit our Crude Oil Trading Academy : Learn to Trade Oil page here.

MULTI-USERS: Institutional / commercial platform now available on our shop page.

SOFTWARE: My algorithmic charting is now also in the coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on Twitter feed and/or this blog.

HOW MY ALGORITHM WORKS: I am an oil algorithmic model in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am presented on (and used on) conventional trade charting as one would normally use.

The goal is to provide oil traders with signals for an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil – first with the reporting format as below, then with machine trading functions and an integrated intelligent assisted traders platform that will provide the user with various settings of automation and personal trade execution.

In the weekly report below you will find simplified levels represented on conventional and algorithmic charting for intra-day (day-trading crude oil), swing trading and investing.

This work (and associated trading) should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on with oil related financial instruments.

Forward questions to [email protected], private message our lead trader on Twitter or in the private Discord oil trading room.

For further information this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Oil Algorithm Observations:

Below is a link for the live algorithmic chart of EPIC the Crude Oil Trading Algorithm (Generation 1, Version 5 including black box modeling). The charting is a real-time trading chart represented on FX USOIL WTI published January 13, 2019.

Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Jan 12 1154 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Note: The holiday anomalies in the chart model are near totally worked through, some remain, but not significant enough to detail.

https://www.tradingview.com/chart/USOIL/SWfC8vEr-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Intra-day-crude-oil/

crude, oil, trading, algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Jan 12 1154 PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

January 13, 2019

Generation 1 Model Oil Trading Signals

The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below near bottom of this report – conventional charting trend-lines).

The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 54.45 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 50.80 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades – if that is exceeded then trading price is likely to use the line as a pivot until a directional trending trade is established).

Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.

More recently (as of September 2018) our back-testing has shown that the support and resistance areas noted are used in trade as a decision pivot – in other words, the price tends to pivot around these decision points on the chart and coil over a period of time and then spring out of the coil in an upward or downward trend.

The lower trading range is 47.14 – 50.79 and upper trading range 54.46 – 58.07.

Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).

Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.

Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.

Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.

Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.

Tues, Wed and Fri targets are most predictable in extended multi week up-trends or down-trends.

The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).

Intra-day Trading Bias

Intra day bias is up side trade as the MACD is turned up on the daily chart and this indicator is usually a leading indicator for oil trade on this time-frame. However, after the recent run up in price (since Christmas) and the pressure that came in to oil trade last week it is highly probable pressure continues in to this coming trading week.

Wide Trading Range – Buy and Sell Triggers for Swing Trading Crude Oil:

Swing trading bias / forward guidance as of Jan 13 12:01 AM EST is indecisive for the reasons noted above. 

Review the charting and stay on top of the structures that play out in the different time frames. It has everything to do with the time frame you are trading.

Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades between 47.14 – 50.79, 50.80 – 54.44, 54.45 – 58.06, 58.07 to 61.69, 61.70 to 65.31, 65.32 to 68.92, 68.93 to 72.54, 72.55 to 76.14 and 76.15 to 79.74. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.

Or trade the range between the channel diagonal lines at support and resistance in up or down channel (orange dotted diagonals).

Significantly more advanced trading rules will be introduced over the coming weeks with the newer Machine Trading software development in full swing now.

Channel Trading Scenarios for this Week on the Model Shown on Algorithmic Model:

Follow the red circle targets up or down per the charts below.

THIS WEEK is more unclear than most in that channel trade could occur parallel to the channels noted on the charts below.

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up channel scenario. Jan 13 1208 AM PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude, oil, algorithm, up, channel

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up channel scenario. Jan 13 1208 AM PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Dwon channel scenario. Jan 13 1210 AM PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

crude, oil, down, channel

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Dwon channel scenario. Jan 13 1210 AM PM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Gen 1 and Gen 2 Algorithmic Oil Trading Machine Driven Model Development.

Per recent report example:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/D0Cr5zPo-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Hidden-pivot-locati/

pivots, oil, chart, crude

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Per recent example;

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

This is an alternate machine trading model currently in development.

https://www.tradingview.com/chart/USOIL/KZPGrSny-Crude-Oil-Trading-Algorithm-Gen2-V2-EPIC-Machine-trading-int/

Crude, oil, machine, trading, algorithm

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Per recent example;

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/zBBnd8C8-Crude-Oil-Trading-Algorithm-Gen2-V1-EPIC-Machine-trading-int/

Crude, oil, algorithm, machine, trading

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Generation 1 Day-Trading Crude Oil 1 Minute Chart Signals

The trading box on the 1 min daytrading charting is key. Daytrading updates are often shared in the Discord Oil Chart Room.

Per recent example:

Crude Oil Day-Trading Chart Signals. 1 minute time.

https://www.tradingview.com/chart/USOIL/En2yVHMl-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-Nov-6-139-AM/

crude, oil, daytrading, chart, algorithm

Crude Oil Day-Trading Chart Signals. 1 minute time. Nov 6 1241 AM FX USOIL WTI $USO $CL_F #OIL #Chart

Crude Oil Swing Trade Charting.

Monthly Oil Chart(s):

Crude Oil Monthly Structure Test Chart. Jan 13 859 AM FX USOIL WTI $USO $CL_F #OIL #trading #charting

On the widest time-frame this monthly crude oil chart seems to hold support and resistance zones at diagonal Fibonacci (outside quad) trend lines and horizontal Fibonacci (mid quad) lines. The timing cycle vertical lines (green dotted) seem to be in play especially when you fractal the time frames down.

Trade is currently testing upside of 50 MA on monthly chart.

https://www.tradingview.com/chart/USOIL/1t1Wprca-Crude-Oil-Monthly-Structure-Test-Chart-Jan-13-859-AM-FX-USOIL-W/

Crude, oil, monthly, structure, chart

Crude Oil Monthly Structure Test Chart. Jan 13 859 AM FX USOIL WTI $USO $CL_F #OIL #trading #charting

Crude Oil Monthly Structure Test Chart – added support resistance markers and trading box. Jan 13 922 AM FX USOIL WTI $USO $CL_F #OIL #trading #charting

Lead Trader trading note: If I had this chart in recent trade I would have added to my DWT short when trade touched the lower TL line and trading box support area. I really like this monthly structured charting.

If you are swing trading crude oil I see no reason not to follow the support and resistance areas of this chart for swing trading using appropriate sizing flow at each decision.

https://www.tradingview.com/chart/USOIL/zzpcyOBb-Crude-Oil-Monthly-Structure-Test-Chart-added-support-resistanc/

crude, oil, monthly, chart, swing trading

Crude Oil Monthly Structure Test Chart – added support resistance markers and trading box. Jan 13 922 AM FX USOIL WTI $USO $CL_F #OIL #trading #charting

Weekly Crude Oil Chart(s):

Dating back to 2002, 13 of 14 major time cycles on weekly crude oil chart structure seen trend reversal to some extent or another #Oil #OOTT #TimeCycles FX USOIL WTI $CL_F $USO $UWT $DWT

https://www.tradingview.com/chart/USOIL/F8Z9UE66-Dating-back-to-2002-13-of-14-major-time-cycles-on-weekly-crude/

Time cycles, crude, oil

Dating back to 2002, 13 of 14 major time cycles on weekly crude oil chart structure seen trend reversal to some extent or another #Oil #OOTT #TimeCycles FX USOIL WTI $CL_F $USO $UWT $DWT

May 13, 2018 chart post with important notes:

Oil retrace probability high, historically #timecycle Notes.

https://www.tradingview.com/chart/USOIL/1QewEsoM-Oil-retrace-probability-high-historically-timecycle-Notes/

Previous Crude Oil Time Cycle Special Report for Context:

Dating back to 2002, 12 of 13 major time cycles on weekly oil chart have seen trend reversal to some extent or another #OILChart

Feature Post: 12 of Last 13 Oil Chart Time-Cycles Have Trend Reversal. $USOIL $WTI $CL_F $USO $UCO $UWT $DWT #OIL #OOTT

Crude Oil Weekly Trend Line Chart – Structured support bounce last two weeks. Jan 13 1110 AM FX USOIL WTI $USO $CL_F #OIL #trade #charting

https://www.tradingview.com/chart/USOIL/8ipBckqH-Crude-Oil-Weekly-Trend-Line-Chart-Structured-support-bounce-la/

oil, weekly, chart, trend lines

Crude Oil Weekly Trend Line Chart – Structured support bounce last two weeks. Jan 13 1110 AM FX USOIL WTI $USO $CL_F #OIL #trade #charting

Crude Oil Weekly Trend Line Charting – very busy chart Jan 13 958 AM FX USOIL WTI $USO $CL_F #OIL #trade #charting

https://www.tradingview.com/chart/USOIL/pwSxjHFS-Crude-Oil-Weekly-Trend-Line-Charting-very-busy-chart-Jan-13-9/

crude, oil, weekly, chart, trend lines

Crude Oil Weekly Trend Line Charting – very busy chart Jan 13 958 AM FX USOIL WTI $USO $CL_F #OIL #trade #charting

Per recent for perspective:

Crude Oil. Weekly trend-line chart. Dec 17 403 AM FX USOIL WTI $CL_F $USO #OIL #trading

https://www.tradingview.com/chart/USOIL/3RVgykAY-Crude-Oil-Weekly-trend-line-chart-Dec-17-403-AM-FX-USOIL-WTI/

crude, oil, weekly, trendlines

Crude Oil. Weekly trend-line chart. Dec 17 403 AM FX USOIL WTI $CL_F $USO #OIL #trading

Daily Oil Chart(s):

Crude Oil Daily Chart MACD still up with price on support of trading box with 50 MA test above Jan 13 1057 AM FX USOIL WTI $USO $CL_F #OIL #chart

Lots going on with this daily oil charting. Price bounced near that large trend line down-trending from previous time cycle (dotted gray) and near bottom of trading quad. Now testing 50 MA with reconfirmation of MACD. Bullish with an overhead test is the bottom line.

https://www.tradingview.com/chart/USOIL/IanSZmcs-Crude-Oil-Daily-Chart-MACD-still-up-with-price-on-support-of-tra/

crude, oil , daily, chart

Crude Oil Daily Chart MACD still up with price on support of trading box with 50 MA test above Jan 13 1057 AM FX USOIL WTI $USO $CL_F #OIL #chart

Crude Oil Daily Symmetry Chart Jan 13 1127 AM FX USOIL WTI $CL_F $USO #crude #Oil #Symmetry

https://www.tradingview.com/chart/USOIL/JXYIvgFg-Crude-Oil-Daily-Symmetry-Chart-Jan-13-1127-AM-FX-USOIL-WTI-CL/

crude, oil, symmetry, algorithmic, chart

Crude Oil Daily Symmetry Chart Jan 13 1127 AM FX USOIL WTI $CL_F $USO #crude #Oil #Symmetry

Per recent for perspective:

Crude Oil Daily Symmetry Chart Suggests 41 area possible. Dec 17 424 AM FX USOIL WTI CL_F

https://www.tradingview.com/chart/USOIL/TcRHKafW-Crude-Oil-Daily-Symmetry-Chart-Suggests-41-area-possible-Dec-17/

crude, oil, symmetry

https://www.tradingview.com/chart/USOIL/TcRHKafW-Crude-Oil-Daily-Symmetry-Chart-Suggests-41-area-possible-Dec-17/

240 Minute Crude Oil Chart(s):

Crude Oil 2490 Min Test Chart Jan 13 1132 AM FX USOIL WTI CL_F $USO #algorithm #crude #oil

https://www.tradingview.com/chart/WTICOUSD/ybLhqh3Q-Crude-Oil-2490-Min-Test-Chart-Jan-13-1132-AM-FX-USOIL-WTI-CL-F/

crude, oil, 240 min, chart

Crude Oil 2490 Min Test Chart Jan 13 1132 AM FX USOIL WTI CL_F $USO #algorithm #crude #oil

30 Minute Crude Oil Chart(s):

Per recent;

Crude Oil 30 Min Simple Algorithmic Chart Model Nov 19 434 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/vaEReaNt-Crude-Oil-30-Min-Simple-Algorithmic-Chart-Model-Nov-19-434-AM-FX/

crude, oil, algorithmic, chart

Crude Oil 30 Min Simple Algorithmic Chart Model Nov 19 434 AM FX USOIL WTI $USO $CL_F #OIL #trading

Diagonal Trend Lines:

Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).

Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

Fibonacci Levels:

Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

The Fibonacci lines are marked on main chart above.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Horizontal trend-lines are marked on charts above.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Your closest target that crude is trending toward is always the most probable.Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Recent Live Crude Oil Trade Alerts (sample signals):

See recent special oil reports, private alert Twitter feed and/or Discord private member oil chat room for many more examples.

Jan 13 – Recent trade alerts will be updated soon in more detail.

crude oil ,trade, alert, machine trading

Machine trading crude oil with EPIC Oil Algorithm at open #Oil #TradingAlerts $CL_F FX USOIL WTI $USO #OOTT

oil, trade, alert

Personal scalp trade when futures opened Tues night in crude oil $CL_F $USO #OOTT #OilTradeAlerts

Oil, trade alert, DWT

Short $DWT (inverse Oil ETN) 13.55 starter Curt #Oil #Trade #Alert

short, trade, alert, premarket, DWT

We are short DWT (short oil ETN) from last week $USOIL $WTI $CL_F $USO $UWT #oil #trade #alerts

Oil, trade, alerts

Machine trading screen shots from oil alert feed tonight. FX USOIL WTI $CL_F $USO #Oil #Trading #Alerts #OOTT #machinetrading

Recent Oil Algorithm Price Target Hits:

Jan 13 – Price Target Reporting will be updated soon.

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.

You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Subscribe to Service Here:

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

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

Crude Oil Trading Room Bundle (includes weekly newsletter 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).

Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

Website: https://compoundtrading.com

Blog: https://compoundtrading.com/blog/

Free chat room: https://discord.gg/2HRTk6n

Subscribe: https://compoundtrading.com/overview-…

Twitter: https://twitter.com/CompoundTrading

Lead Trader: https://twitter.com/curtmelonopoly

Tradingview: https://www.tradingview.com/u/curtmel…

Facebook: https://www.facebook.com/compoundtrad…

StockTwits: https://stocktwits.com/compoundtrading

Email: https://[email protected]

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

Article topics: EPIC, Crude, Oil, Algorithm, Trade, Alerts, Trading Room, Chat, Charts, Signals, Time Cycles, $USOIL, $WTI, $USO, $CL_F


Crude Oil Algorithm Trading Chart Report (EPIC) w/ Machine Trading Monday Dec 17, 2018.

FX: $USOIL $WTI $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of seven primary Algorithmic Chart Models in development at Compound Trading Group (there are over one hundred in total in development at various stages in various markets).

NOTICES:

New members to our oil algorithm charting models, oil trade alerts and oil trading room are encouraged to on-board in a way that equips you as an oil trader for consistent profit.

Visit my public Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent crude oil trading algorithm blog posts, You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website explains how the oil algorithm was developed.

Invaluable are the crude oil trade alerts (available with or without the trading room / weekly report bundle) and the private member crude oil trading chat room on Discord (included in the bundle). The live alerts are important if you are not at your trading screens 24 hours a day and the chat room allows for interactive lead trader oil trade set-ups as each oil trade approaches. All bundle members can access the live oil trading room when active also.

Reviewing important points of reference and engaging the subscription resources will increase your probability of success considerably. This report also includes links to some recent example “how-to” videos.

Oil Trade Coaching – We strongly suggest users of this algorithmic crude oil trading strategy opt for some level of private one-on-one coaching with our lead trader. Our lead trader is maintaining a crude oil trading alert win-rate of over 90% as of Sept 2, 2018 (time-stamped, live alert, recorded).

On our website one-on-one online coaching packages are available (coaching via Skype) or you can request a custom package reflecting the time you wish to invest in learning. To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars, trade coaching bootcamps and private on location (in person) coaching sessions. 

Oil Trading Room – How to Use the Oil Algorithm

Oil Trading Room – How to Trade Intra-day with my Algorithmic Oil Charting

Oil Trading Alerts. Live Lead Trader Video Trading w EPIC Oil Algorithm

Recent articles / videos from our blog about how to trade crude oil with our oil trading algorithm:

The Best Crude Oil Day Trading Signal Available | It Happened Again Today for 153 Tick Gain Intra-Day.

Crude Oil Trading Strategy | Technical Analysis & Guidance.

The Best Crude Oil Day Trading Signal Available | It Happened Again Today for 153 Tick Gain Intra-Day.

Crude Oil Trading Strategy: Career Trade Set-Up. Technical Analysis Trading Room w/ Video

Crude Oil Algorithmic Trading: A Simple Strategy That Wins – Real Life Example.

Daytrading Crude Oil: Buy Sell Signals Strategy for Intra-day Sell Off Reversal.

Crude Oil Trading Strategies: This Is It. How To Trade Crude Oil’s Next Move.

Protected: Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.

Protected: Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).

For the more articles / videos available visit our Crude Oil Trading Academy : Learn to Trade Oil page here.

MULTI-USERS: Institutional / commercial platform now available on our shop page.

SOFTWARE: My algorithmic charting is now also in the coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on Twitter feed and/or this blog.

HOW MY ALGORITHM WORKS: I am an oil algorithmic model in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am presented on (and used on) conventional trade charting as one would normally use.

The goal is to provide oil traders with signals for an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil – first with the reporting format as below, then with machine trading functions and an integrated intelligent assisted traders platform that will provide the user with various settings of automation and personal trade execution.

In the weekly report below you will find simplified levels represented on conventional and algorithmic charting for intra-day (day-trading crude oil), swing trading and investing.

This work (and associated trading) should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on with oil related financial instruments.

Forward questions to [email protected], private message our lead trader on Twitter or in the private Discord oil trading room.

For further information this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Oil Algorithm Observations:

Below is a link for the live algorithmic chart of EPIC the Crude Oil Trading Algorithm (Generation 1, Version 5 including black box modeling). The charting is a real-time trading chart represented on FX USOIL WTI published December 17, 2018.

Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Dec 17 242 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/mzNZR5qC-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Intra-day-crude-oil/

crude, oil, trading, algorithm

December 17, 2018

Generation 1 Model Oil Trading Signals

The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below near bottom of this report – conventional charting trend-lines).

The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 54.45 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 50.80 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades – if that is exceeded then trading price is likely to use the line as a pivot until a directional trending trade is established).

Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.

More recently (as of September 2018) our back-testing has shown that the support and resistance areas noted are used in trade as a decision pivot – in other words, the price tends to pivot around these decision points on the chart and coil over a period of time and then spring out of the coil in an upward or downward trend.

The lower trading range is 47.14 – 50.79 and upper trading range 54.46 – 58.07.

Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).

Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.

Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.

Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.

Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.

Tues, Wed and Fri targets are most predictable in extended multi week up-trends or down-trends.

The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).

Intra-day Trading Bias

Intra day bias is up side trade as the MACD is turned up on the daily chart and this indicator is usually a leading indicator for oil trade on this time-frame. However, after the recent sell-off oil trade has held this range and could be at a near term bottom. Yet to be determined.

Wide Trading Range – Buy and Sell Triggers for Swing Trading Crude Oil:

Swing trading bias / forward guidance as of Dec 17 3:12 AM EST for the near term is up. 

Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades between 47.14 – 50.79, 50.80 – 54.44, 54.45 – 58.06, 58.07 to 61.69, 61.70 to 65.31, 65.32 to 68.92, 68.93 to 72.54, 72.55 to 76.14 and 76.15 to 79.74. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.

Or trade the range between the channel diagonal lines at support and resistance in up or down channel (orange dotted diagonals).

Significantly more advanced trading rules will be introduced over the coming weeks with the newer Machine Trading Generation 2 models per below in this report.

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up channel scenario. Dec 17 246 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

up, channel, scenario, oil, algorithm, chart

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up channel scenario. Dec 17 246 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down channel scenario. Dec 17 247 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Down, channel, scenario, oil, algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down channel scenario. Dec 17 247 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Gen 1 and Gen 2 Algorithmic Oil Trading Machine Driven Model Development.

Per recent report example:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/D0Cr5zPo-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Hidden-pivot-locati/

pivots, oil, chart, crude

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Per recent example;

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

This is an alternate machine trading model currently in development.

https://www.tradingview.com/chart/USOIL/KZPGrSny-Crude-Oil-Trading-Algorithm-Gen2-V2-EPIC-Machine-trading-int/

Crude, oil, machine, trading, algorithm

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Per recent example;

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/zBBnd8C8-Crude-Oil-Trading-Algorithm-Gen2-V1-EPIC-Machine-trading-int/

Crude, oil, algorithm, machine, trading

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Generation 1 Day-Trading Crude Oil 1 Minute Chart Signals

Per recent example:

Crude Oil Day-Trading Chart Signals. 1 minute time.

https://www.tradingview.com/chart/USOIL/En2yVHMl-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-Nov-6-139-AM/

crude, oil, daytrading, chart, algorithm

Crude Oil Day-Trading Chart Signals. 1 minute time. Nov 6 1241 AM FX USOIL WTI $USO $CL_F #OIL #Chart

Crude Oil Swing Trade Charting.

Monthly Oil Chart(s):

Crude Oil Monthly Chart. Trade under all MAs with MACD turned down Stochastic RSI still turned down. Dec 17 343 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/Jq5IB2VE-Crude-Oil-Monthly-Chart-Trade-under-all-MAs-with-MACD-turned-do/

Crude, oil, monthly, chart

https://www.tradingview.com/chart/USOIL/Jq5IB2VE-Crude-Oil-Monthly-Chart-Trade-under-all-MAs-with-MACD-turned-do/

Weekly Crude Oil Chart(s):

Crude Oil. Weekly trend-line chart. Dec 17 403 AM FX USOIL WTI $CL_F $USO #OIL #trading

https://www.tradingview.com/chart/USOIL/3RVgykAY-Crude-Oil-Weekly-trend-line-chart-Dec-17-403-AM-FX-USOIL-WTI/

crude, oil, weekly, trendlines

Crude Oil. Weekly trend-line chart. Dec 17 403 AM FX USOIL WTI $CL_F $USO #OIL #trading

Daily Oil Chart(s):

Crude Oil Daily Chart MACD turned up with 20 MA overhead on trading box support Dec 17 407 AM FX USOIL WTI $USO $CL_F #OIL #chart

https://www.tradingview.com/chart/USOIL/L2v7HKc2-Crude-Oil-Daily-Chart-MACD-turned-up-with-20-MA-overhead-on-trad/

Crude, oil, MACD, Daily, Chart

Crude Oil Daily Chart MACD turned up with 20 MA overhead on trading box support Dec 17 407 AM FX USOIL WTI $USO $CL_F #OIL #chart

Crude Oil Daily Symmetry Chart Suggests 41 area possible. Dec 17 424 AM FX USOIL WTI CL_F

https://www.tradingview.com/chart/USOIL/TcRHKafW-Crude-Oil-Daily-Symmetry-Chart-Suggests-41-area-possible-Dec-17/

crude, oil, symmetry

https://www.tradingview.com/chart/USOIL/TcRHKafW-Crude-Oil-Daily-Symmetry-Chart-Suggests-41-area-possible-Dec-17/

Per recent example:

Crude Oil Daily Symmetry Chart. Nov 6 104 AM

https://www.tradingview.com/chart/USOIL/70dWoKan-Crude-Oil-Symmetry-Chart-Nov-6-104-AM-FX-USOIL-WTI-CL-F-USO-C/

crude, oil, symmetry

Crude Oil Symmetry Chart. Nov 6 104 AM FX USOIL WTI $CL_F $USO Crude oil daily trading chart.

240 Minute Crude Oil Chart(s):

Crude Oil. 240 Min trading spigot concept chart for trims and adds, Dec 17 428 AM FX USOIL WTI $USO $CL_F #OIL #trading

crude, oil, spigott chart

Crude Oil. 240 Min trading spigot concept chart for trims and adds, Dec 17 428 AM FX USOIL WTI $USO $CL_F #OIL #trading

Crude Oil. 240 Min simple model test chart. Dec 17 433 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/U2HOep6g-Crude-Oil-240-Min-simple-model-test-chart-Dec-17-433-AM-FX-USO/

240, EPIC, crude, oil, algorithm

Crude Oil. 240 Min simple model test chart. Dec 17 433 AM FX USOIL WTI $USO $CL_F #OIL #trading

30 Minute Crude Oil Chart(s):

Per recent;

Crude Oil 30 Min Simple Algorithmic Chart Model Nov 19 434 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/vaEReaNt-Crude-Oil-30-Min-Simple-Algorithmic-Chart-Model-Nov-19-434-AM-FX/

crude, oil, algorithmic, chart

Crude Oil 30 Min Simple Algorithmic Chart Model Nov 19 434 AM FX USOIL WTI $USO $CL_F #OIL #trading

Diagonal Trend Lines:

Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).

Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

Fibonacci Levels:

Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

The Fibonacci lines are marked on main chart above.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Horizontal trend-lines are marked on charts above.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Your closest target that crude is trending toward is always the most probable.Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Recent Live Crude Oil Trade Alerts (sample signals):

Dec 17 – Recent trade alerts will be updated soon in more detail.

crude oil ,trade, alert, machine trading

Machine trading crude oil with EPIC Oil Algorithm at open #Oil #TradingAlerts $CL_F FX USOIL WTI $USO #OOTT

oil, trade, alert

Personal scalp trade when futures opened Tues night in crude oil $CL_F $USO #OOTT #OilTradeAlerts

Oil, trade alert, DWT

Short $DWT (inverse Oil ETN) 13.55 starter Curt #Oil #Trade #Alert

short, trade, alert, premarket, DWT

We are short DWT (short oil ETN) from last week $USOIL $WTI $CL_F $USO $UWT #oil #trade #alerts

Oil, trade, alerts

Machine trading screen shots from oil alert feed tonight. FX USOIL WTI $CL_F $USO #Oil #Trading #Alerts #OOTT #machinetrading

Recent Oil Algorithm Price Target Hits:

Dec 17 – Price Target Reporting will be updated soon.

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.

You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Subscribe to Service Here:

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

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

Crude Oil Trading Room Bundle (includes weekly newsletter 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).

Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

Website: https://compoundtrading.com

Blog: https://compoundtrading.com/blog/

Free chat room: https://discord.gg/2HRTk6n

Subscribe: https://compoundtrading.com/overview-…

Twitter: https://twitter.com/CompoundTrading

Lead Trader: https://twitter.com/curtmelonopoly

Tradingview: https://www.tradingview.com/u/curtmel…

Facebook: https://www.facebook.com/compoundtrad…

StockTwits: https://stocktwits.com/compoundtrading

Email: https://[email protected]

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

Article topics: EPIC, Crude, Oil, Algorithm, Trade, Alerts, Trading Room, Chat, Charts, Signals, $USOIL, $WTI, $USO, $CL_F


Crude Oil Algorithm Trading Chart Report (EPIC) w/ Machine Trading Monday November 26, 2018.

FX: $USOIL $WTI $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of seven primary Algorithmic Chart Models in development at Compound Trading Group (there are over one hundred in total in development at various stages in various markets).

NOTICES:

New members to our oil algorithm charting models, oil trade alerts and oil trading room are encouraged to on-board in a way that equips you as an oil trader for consistent profit.

Visit my public Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent crude oil trading algorithm blog posts, You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website explains how the oil algorithm was developed.

Invaluable are the crude oil trade alerts (available with or without the trading room / weekly report bundle) and the private member crude oil trading chat room on Discord (included in the bundle). The live alerts are important if you are not at your trading screens 24 hours a day and the chat room allows for interactive lead trader oil trade set-ups as each oil trade approaches. All bundle members can access the live oil trading room when active also.

Reviewing important points of reference and engaging the subscription resources will increase your probability of success considerably. This report also includes links to some recent example “how-to” videos.

Oil Trade Coaching – We strongly suggest users of this algorithmic crude oil trading strategy opt for some level of private one-on-one coaching with our lead trader. Our lead trader is maintaining a crude oil trading alert win-rate of over 90% (as of Sept 2, 2018 (time-stamped, live alert, recorded).

On our website one-on-one online coaching packages are available (coaching via Skype) or you can request a custom package reflecting the time you wish to invest in learning. To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars, trade coaching bootcamps and private on location (in person) coaching sessions. 

Oil Trading Room – How to Use the Oil Algorithm

Oil Trading Room – How to Trade Intra-day with my Algorithmic Oil Charting

Oil Trading Alerts. Live Lead Trader Video Trading w EPIC Oil Algorithm

Recent articles / videos from our blog about how to trade crude oil with our oil trading algorithm:

The Best Crude Oil Day Trading Signal Available | It Happened Again Today for 153 Tick Gain Intra-Day.

Crude Oil Trading Strategy | Technical Analysis & Guidance.

The Best Crude Oil Day Trading Signal Available | It Happened Again Today for 153 Tick Gain Intra-Day.

Crude Oil Trading Strategy: Career Trade Set-Up. Technical Analysis Trading Room w/ Video

Crude Oil Algorithmic Trading: A Simple Strategy That Wins – Real Life Example.

Daytrading Crude Oil: Buy Sell Signals Strategy for Intra-day Sell Off Reversal.

Crude Oil Trading Strategies: This Is It. How To Trade Crude Oil’s Next Move.

Protected: Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.

Protected: Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).

For the more articles / videos available visit our Crude Oil Trading Academy : Learn to Trade Oil page here.

MULTI-USERS: Institutional / commercial platform now available on our shop page.

SOFTWARE: My algorithmic charting is now also in the coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on Twitter feed and/or this blog.

HOW MY ALGORITHM WORKS: I am an oil algorithmic model in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am presented on (and used on) conventional trade charting as one would normally use.

The goal is to provide oil traders with signals for an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil – first with the reporting format as below, then with machine trading functions and an integrated intelligent assisted traders platform that will provide the user with various settings of automation and personal trade execution.

In the weekly report below you will find simplified levels represented on conventional and algorithmic charting for intra-day (day-trading crude oil), swing trading and investing.

This work (and associated trading) should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on with oil related financial instruments.

Forward questions to [email protected], private message our lead trader on Twitter or in the private Discord oil trading room.

For further information this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Oil Algorithm Observations:

Below is a link for the live algorithmic chart of EPIC the Crude Oil Trading Algorithm (Generation 1, Version 5 including black box modeling). The charting is a real-time trading chart represented on FX USOIL WTI published November 6, 2018.

Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Nov 26 352 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/cEMzRUb5-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Intra-day-crude-oil/

Crude, oil, algorithm, trading

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Nov 26 352 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

November 26, 2018

Generation 1 Model Oil Trading Signals

The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below near bottom of this report – conventional charting trend-lines).

The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 54.45 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 50.80 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades – if that is exceeded then trading price is likely to use the line as a pivot until a directional trending trade is established).

Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.

More recently (as of September 2018) our back-testing has shown that the support and resistance areas noted are used in trade as a decision pivot – in other words, the price tends to pivot around these decision points on the chart and coil over a period of time and then spring out of the coil in an upward or downward trend.

The lower trading range is 47.14 – 50.79 and upper trading range 54.46 – 58.07.

Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).

Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.

Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.

Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.

Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.

Tues, Wed and Fri targets are most predictable in extended multi week up-trends or down-trends.

The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).

Intra-day Trading Bias

Intra day bias is down side trade as the MACD is turned down on the daily chart and this indicator is usually a leading indicator for oil trade on this time-frame. However, after the recent sell-off oil trade has held this range and could be at a near term bottom. Yet to be determined.

Wide Trading Range – Buy and Sell Triggers for Swing Trading Crude Oil:

Swing trading bias / forward guidance as of Nov 19 4:17 AM EST for the near term is indecisive. 

Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades between 47.14 – 50.79, 50.80 – 54.44, 54.45 – 58.06, 58.07 to 61.69, 61.70 to 65.31, 65.32 to 68.92, 68.93 to 72.54, 72.55 to 76.14 and 76.15 to 79.74. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.

Or trade the range between the channel diagonal lines at support and resistance in up or down channel (orange dotted diagonals).

Significantly more advanced trading rules will be introduced over the coming weeks with the newer Machine Trading Generation 2 models per below in this report.

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down channel crude oil trade. Nov 26 459 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

down channel, oil, algorithm, crude

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down channel crude oil trade. Nov 26 459 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up channel crude oil trade. Nov 26 458 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

up channel, algorithm, crude, oil, trading

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up channel crude oil trade. Nov 26 458 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Gen 1 and Gen 2 Algorithmic Oil Trading Machine Driven Model Development.

Per recent report example:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/D0Cr5zPo-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Hidden-pivot-locati/

pivots, oil, chart, crude

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Per recent example;

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

This is an alternate machine trading model currently in development.

https://www.tradingview.com/chart/USOIL/KZPGrSny-Crude-Oil-Trading-Algorithm-Gen2-V2-EPIC-Machine-trading-int/

Crude, oil, machine, trading, algorithm

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Per recent example;

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/zBBnd8C8-Crude-Oil-Trading-Algorithm-Gen2-V1-EPIC-Machine-trading-int/

Crude, oil, algorithm, machine, trading

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Generation 1 Day-Trading Crude Oil 1 Minute Chart Signals

Per recent example:

Crude Oil Day-Trading Chart Signals. 1 minute time.

https://www.tradingview.com/chart/USOIL/En2yVHMl-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-Nov-6-139-AM/

crude, oil, daytrading, chart, algorithm

Crude Oil Day-Trading Chart Signals. 1 minute time. Nov 6 1241 AM FX USOIL WTI $USO $CL_F #OIL #Chart

Crude Oil Swing Trade Charting.

Monthly Oil Chart:

See recent link post below for current charting:

Crude Oil Monthly Chart. Trade lost 200 MA, MACD turning down, Stoch RSI turn down. Nov 6 1254 AM

https://www.tradingview.com/chart/USOIL/H4fj10qu-Crude-Oil-Monthly-Chart-Trade-lost-200-MA-MACD-turning-down-S/

crude, oil, monthly, chart

Crude Oil Monthly Chart. Trade lost 200 MA, MACD turning down, Stoch RSI turn down. Nov 6 1254 AM FX USOIL WTI $USO $CL_F #OIL #trading

Weekly Crude Oil Charts:

Crude Oil. Weekly trend-line chart, Nov 26 420 AM FX USOIL WTI $CL_F $USO #OIL #trading

https://www.tradingview.com/chart/USOIL/rc2Q7IkP-Crude-Oil-Weekly-trend-line-chart-Nov-26-420-AM-FX-USOIL-WTI/

Crude, oil, weekly, chart

Crude Oil. Weekly trend-line chart, Nov 26 420 AM FX USOIL WTI $CL_F $USO #OIL #trading

Per recent;

Crude Oil. Weekly chart wedge chart. Nov 6 1252 AM

https://www.tradingview.com/chart/USOIL/ND0zG9yp-Crude-Oil-Weekly-chart-wedge-chart-Nov-6-1252-AM-FX-USOIL-WTI/

crude, oil, wedge, chart

Crude Oil. Weekly chart wedge chart. Nov 6 1252 AM FX USOIL WTI $USO $CL_F #OIL #trading

Daily Oil Charts:

Crude Oil Daily Chart MACD still turned down possibly near bottom. Nov 26 429 AM FX USOIL WTI $USO $CL_F #OIL #chart

https://www.tradingview.com/chart/USOIL/ONeUDUMY-Crude-Oil-Daily-Chart-MACD-still-turned-down-possibly-near-botto/

crude, oil, daily, chart

Crude Oil Daily Chart MACD still turned down possibly near bottom. Nov 26 429 AM FX USOIL WTI $USO $CL_F #OIL #chart

Per recent example:

Crude Oil Daily Symmetry Chart. Nov 6 104 AM

https://www.tradingview.com/chart/USOIL/70dWoKan-Crude-Oil-Symmetry-Chart-Nov-6-104-AM-FX-USOIL-WTI-CL-F-USO-C/

crude, oil, symmetry

Crude Oil Symmetry Chart. Nov 6 104 AM FX USOIL WTI $CL_F $USO Crude oil daily trading chart.

240 Minute Crude Oil Charts:

Crude Oil. 240 Min trading spigot concept chart for trims and adds, Nov 26 438 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/GoQp0g9Z-Crude-Oil-240-Min-trading-spigot-concept-chart-for-trims-and-ad/

crude, oil, 240 min, chart

Crude Oil. 240 Min trading spigot concept chart for trims and adds, Nov 26 438 AM FX USOIL WTI $USO $CL_F #OIL #trading

Crude Oil 240 Min Simple Algorithmic Chart Model Nov 26 447 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/oUBOSMPN-Crude-Oil-240-Min-Simple-Algorithmic-Chart-Model-Nov-26-447-AM-F/

crude, 240 min, simple, trading , algorithm

Crude Oil 240 Min Simple Algorithmic Chart Model Nov 26 447 AM FX USOIL WTI $USO $CL_F #OIL #trading

30 Minute Crude Oil Chart:

Per recent;

Crude Oil 30 Min Simple Algorithmic Chart Model Nov 19 434 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/vaEReaNt-Crude-Oil-30-Min-Simple-Algorithmic-Chart-Model-Nov-19-434-AM-FX/

crude, oil, algorithmic, chart

Crude Oil 30 Min Simple Algorithmic Chart Model Nov 19 434 AM FX USOIL WTI $USO $CL_F #OIL #trading

Diagonal Trend Lines:

Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).

Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

Fibonacci Levels:

Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

The Fibonacci lines are marked on main chart above.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Horizontal trend-lines are marked on charts above.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Your closest target that crude is trending toward is always the most probable.Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Recent Live Crude Oil Trade Alerts (sample signals):

Nov 26 – Recent trade alerts will be updated soon.

Aug 12 2018 – Recent trades are found in this recent report:

Crude Oil Trading Face-Off Results “Pro Trader” (Man) vs. EPIC Oil Algorithm (Machine Trading Tech)

Click on feature post for recent crude oil trading alerts blog post; Oil Trading Alerts Live Video w EPIC Oil Algorithm #EIA Report #Oil #Trading #Algorithm #Alerts $USOIL $WTI $CL_F

Recent Oil Algorithm Price Target Hits:

Nov 26 – Price Target Reporting will be updated soon.

Wed 1030 EIA report lower price target a perfect hit published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.

You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Subscribe to Service Here:

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

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

Crude Oil Trading Room Bundle (includes weekly newsletter 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).

Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

Website: https://compoundtrading.com

Blog: https://compoundtrading.com/blog/

Free chat room: https://discord.gg/2HRTk6n

Subscribe: https://compoundtrading.com/overview-…

Twitter: https://twitter.com/CompoundTrading

Lead Trader: https://twitter.com/curtmelonopoly

Tradingview: https://www.tradingview.com/u/curtmel…

Facebook: https://www.facebook.com/compoundtrad…

StockTwits: https://stocktwits.com/compoundtrading

Email: https://[email protected]

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

 

Article topics: EPIC, Crude, Oil, Algorithm, Trade, Alerts, Trading Room, Chat, Charts, Signals, $USOIL, $WTI, $USO, $CL_F


Crude Oil Algorithm Trading Chart Report (EPIC) w/ Machine Trading Monday November 19, 2018.

FX: $USOIL $WTI $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of seven primary Algorithmic Chart Models in development at Compound Trading Group (there are over one hundred in total in development at various stages in various markets).

NOTICES:

New members to our oil algorithm charting models, oil trade alerts and oil trading room are encouraged to on-board in a way that equips you as an oil trader for consistent profit.

Visit my public Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent crude oil trading algorithm blog posts, You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website explains how the oil algorithm was developed.

Invaluable are the crude oil trade alerts (available with or without the trading room / weekly report bundle) and the private member crude oil trading chat room on Discord (included in the bundle). The live alerts are important if you are not at your trading screens 24 hours a day and the chat room allows for interactive lead trader oil trade set-ups as each oil trade approaches. All bundle members can access the live oil trading room when active also.

Reviewing important points of reference and engaging the subscription resources will increase your probability of success considerably. This report also includes links to some recent example “how-to” videos.

Oil Trade Coaching – We strongly suggest users of this algorithmic crude oil trading strategy opt for some level of private one-on-one coaching with our lead trader. Our lead trader is maintaining a crude oil trading alert win-rate of over 90% (as of Sept 2, 2018 (time-stamped, live alert, recorded).

On our website one-on-one online coaching packages are available (coaching via Skype) or you can request a custom package reflecting the time you wish to invest in learning. To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars, trade coaching bootcamps and private on location (in person) coaching sessions. 

Oil Trading Room – How to Use the Oil Algorithm

Oil Trading Room – How to Trade Intra-day with my Algorithmic Oil Charting

Oil Trading Alerts. Live Lead Trader Video Trading w EPIC Oil Algorithm

Recent articles / videos from our blog about how to trade crude oil with our oil trading algorithm:

Crude Oil Trading Strategy | Technical Analysis & Guidance.

The Best Crude Oil Day Trading Signal Available | It Happened Again Today for 153 Tick Gain Intra-Day.

Crude Oil Trading Strategy: Career Trade Set-Up. Technical Analysis Trading Room w/ Video

Crude Oil Algorithmic Trading: A Simple Strategy That Wins – Real Life Example.

Daytrading Crude Oil: Buy Sell Signals Strategy for Intra-day Sell Off Reversal.

Crude Oil Trading Strategies: This Is It. How To Trade Crude Oil’s Next Move.

Protected: Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.

Protected: Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).

For the more articles / videos available visit our Crude Oil Trading Academy : Learn to Trade Oil page here.

MULTI-USERS: Institutional / commercial platform now available on our shop page.

SOFTWARE: My algorithmic charting is now also in the coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on Twitter feed and/or this blog.

HOW MY ALGORITHM WORKS: I am an oil algorithmic model in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am presented on (and used on) conventional trade charting as one would normally use.

The goal is to provide oil traders with signals for an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil – first with the reporting format as below, then with machine trading functions and an integrated intelligent assisted traders platform that will provide the user with various settings of automation and personal trade execution.

In the weekly report below you will find simplified levels represented on conventional and algorithmic charting for intra-day (day-trading crude oil), swing trading and investing.

This work (and associated trading) should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on with oil related financial instruments.

Forward questions to [email protected], private message our lead trader on Twitter or in the private Discord oil trading room.

For further information this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Oil Algorithm Observations:

Below is a link for the live algorithmic chart of EPIC the Crude Oil Trading Algorithm (Generation 1, Version 5 including black box modeling). The charting is a real-time trading chart represented on FX USOIL WTI published November 6, 2018.

Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Nov 19 459 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/t0awWUTr-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Intra-day-crude-oil/

Crude, oil, trading, algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Nov 19 459 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

November 19, 2018

Generation 1 Model Oil Trading Signals

The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below near bottom of this report – conventional charting trend-lines).

The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 58.07 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 54.45 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades – if that is exceeded then trading price is likely to use the line as a pivot until a directional trending trade is established).

Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.

More recently (as of September 2018) our back-testing has shown that the support and resistance areas noted are used in trade as a decision pivot – in other words, the price tends to pivot around these decision points on the chart and coil over a period of time and then spring out of the coil in an upward or downward trend.

The lower trading range is 50.80 – 54.45 and upper trading range 58.07 – 61.69.

Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).

Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.

Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.

Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.

Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.

Tues, Wed and Fri targets are most predictable in extended multi week up-trends or down-trends.

The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).

Intra-day Trading Bias

Intra day bias is down side trade as the MACD is turned down on the daily chart and this indicator is usually a leading indicator for oil trade on this time-frame. However, after the recent sell-off oil trade has held this range and could be at a near term bottom. Yet to be determined.

Wide Trading Range – Buy and Sell Triggers for Swing Trading Crude Oil:

Swing trading bias / forward guidance as of Nov 19 4:17 AM EST for the near term is indecisive. 

Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades between 54.45 – 58.06, 58.07 to 61.69, 61.70 to 65.31, 65.32 to 68.92, 68.93 to 72.54, 72.55 to 76.14 and 76.15 to 79.74. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.

Or trade the range between the channel diagonal lines at support and resistance in up or down channel (orange dotted diagonals).

Significantly more advanced trading rules will be introduced over the coming weeks with the newer Machine Trading Generation 2 models per below in this report.

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up channel crude oil trade. Nov 19 503 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Oil, algorithm, up channel

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Up channel crude oil trade. Nov 19 503 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down channel crude oil trade. Nov 19 502 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude, oil, algorithm, down, trend

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down channel crude oil trade. Nov 19 502 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Gen 1 and Gen 2 Algorithmic Oil Trading Machine Driven Model Development.

Per recent report example:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/D0Cr5zPo-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Hidden-pivot-locati/

pivots, oil, chart, crude

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Per recent example;

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

This is an alternate machine trading model currently in development.

https://www.tradingview.com/chart/USOIL/KZPGrSny-Crude-Oil-Trading-Algorithm-Gen2-V2-EPIC-Machine-trading-int/

Crude, oil, machine, trading, algorithm

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Per recent example;

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/zBBnd8C8-Crude-Oil-Trading-Algorithm-Gen2-V1-EPIC-Machine-trading-int/

Crude, oil, algorithm, machine, trading

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Generation 1 Day-Trading Crude Oil 1 Minute Chart Signals

Per recent example:

Crude Oil Day-Trading Chart Signals. 1 minute time.

https://www.tradingview.com/chart/USOIL/En2yVHMl-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-Nov-6-139-AM/

crude, oil, daytrading, chart, algorithm

Crude Oil Day-Trading Chart Signals. 1 minute time. Nov 6 1241 AM FX USOIL WTI $USO $CL_F #OIL #Chart

Crude Oil Swing Trade Charting.

Monthly Oil Chart:

See recent link post below for current charting:

Crude Oil Monthly Chart. Trade lost 200 MA, MACD turning down, Stoch RSI turn down. Nov 6 1254 AM

https://www.tradingview.com/chart/USOIL/H4fj10qu-Crude-Oil-Monthly-Chart-Trade-lost-200-MA-MACD-turning-down-S/

crude, oil, monthly, chart

Crude Oil Monthly Chart. Trade lost 200 MA, MACD turning down, Stoch RSI turn down. Nov 6 1254 AM FX USOIL WTI $USO $CL_F #OIL #trading

Weekly Crude Oil Charts:

Crude Oil. Weekly trendline chart, Nov 19 446 AM FX USOIL WTI $CL_F $USO #OIL #trading

https://www.tradingview.com/chart/USOIL/bpL6IExZ-Crude-Oil-Weekly-trendline-chart-Nov-19-446-AM-FX-USOIL-WTI-C/

crude, oil, weekly, chart, trend, lines

Crude Oil. Weekly trendline chart, Nov 19 446 AM FX USOIL WTI $CL_F $USO #OIL #trading

Per recent;

Crude Oil. Weekly chart wedge chart. Nov 6 1252 AM

https://www.tradingview.com/chart/USOIL/ND0zG9yp-Crude-Oil-Weekly-chart-wedge-chart-Nov-6-1252-AM-FX-USOIL-WTI/

crude, oil, wedge, chart

Crude Oil. Weekly chart wedge chart. Nov 6 1252 AM FX USOIL WTI $USO $CL_F #OIL #trading

Daily Oil Charts:

Crude Oil Daily Chart MACD still turned down but possibly a bottom. Nov 19 452 AM FX USOIL WTI $USO $CL_F #OIL #chart

https://www.tradingview.com/chart/USOIL/9kFKTgBF-Crude-Oil-Daily-Chart-MACD-still-turned-down-but-possibly-a-bott/

Crude, Oil, Daily, Chart

Crude Oil Daily Chart MACD still turned down but possibly a bottom. Nov 19 452 AM FX USOIL WTI $USO $CL_F #OIL #chart

Per recent example:

Crude Oil Daily Symmetry Chart. Nov 6 104 AM

https://www.tradingview.com/chart/USOIL/70dWoKan-Crude-Oil-Symmetry-Chart-Nov-6-104-AM-FX-USOIL-WTI-CL-F-USO-C/

crude, oil, symmetry

Crude Oil Symmetry Chart. Nov 6 104 AM FX USOIL WTI $CL_F $USO Crude oil daily trading chart.

240 Minute Crude Oil Charts:

Crude Oil. 240 Min trading spigot concept chart for trims and adds, Nov 19 459 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/RlFIj3s4-Crude-Oil-240-Min-trading-spigot-concept-chart-for-trims-and-ad/

240 Min, Oil, Chart

Crude Oil. 240 Min trading spigot concept chart for trims and adds, Nov 19 459 AM FX USOIL WTI $USO $CL_F #OIL #trading

Crude Oil 240 Min Simple Algorithmic Chart Model Nov 19 440 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/xWwWbcgR-Crude-Oil-240-Min-Simple-Algorithmic-Chart-Model-Nov-19-440-AM-F/

Crude, oil, 240 min, chart

Crude Oil 240 Min Simple Algorithmic Chart Model Nov 19 440 AM FX USOIL WTI $USO $CL_F #OIL #trading

30 Minute Crude Oil Chart:

Crude Oil 30 Min Simple Algorithmic Chart Model Nov 19 434 AM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/vaEReaNt-Crude-Oil-30-Min-Simple-Algorithmic-Chart-Model-Nov-19-434-AM-FX/

crude, oil, algorithmic, chart

Crude Oil 30 Min Simple Algorithmic Chart Model Nov 19 434 AM FX USOIL WTI $USO $CL_F #OIL #trading

Diagonal Trend Lines:

Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).

Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

Fibonacci Levels:

Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

The Fibonacci lines are marked on main chart above.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Horizontal trend-lines are marked on charts above.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Your closest target that crude is trending toward is always the most probable.Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Recent Live Crude Oil Trade Alerts (sample signals):

Nov 19 – Recent trade alerts will be updated soon.

Aug 12 2018 – Recent trades are found in this recent report:

Crude Oil Trading Face-Off Results “Pro Trader” (Man) vs. EPIC Oil Algorithm (Machine Trading Tech)

Click on feature post for recent crude oil trading alerts blog post; Oil Trading Alerts Live Video w EPIC Oil Algorithm #EIA Report #Oil #Trading #Algorithm #Alerts $USOIL $WTI $CL_F

Recent Oil Algorithm Price Target Hits:

Nov 19 – Price Target Reporting will be updated soon.

Wed 1030 EIA report lower price target a perfect hit published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.

You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Subscribe to Service Here:

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

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

Crude Oil Trading Room Bundle (includes weekly newsletter 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).

Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

Website: https://compoundtrading.com

Blog: https://compoundtrading.com/blog/

Free chat room: https://discord.gg/2HRTk6n

Subscribe: https://compoundtrading.com/overview-…

Twitter: https://twitter.com/CompoundTrading

Lead Trader: https://twitter.com/curtmelonopoly

Tradingview: https://www.tradingview.com/u/curtmel…

Facebook: https://www.facebook.com/compoundtrad…

StockTwits: https://stocktwits.com/compoundtrading

Email: https://[email protected]

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

 

Article topics: EPIC, Crude, Oil, Algorithm, Trade, Alerts, Trading Room, Chat, Charts, Signals, $USOIL, $WTI, $USO, $CL_F


Crude Oil Algorithm Trading Chart Report (EPIC) w/ Machine Trading Gen 2 Tuesday November 6, 2018.

FX: $USOIL $WTI $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of seven primary Algorithmic Chart Models in development at Compound Trading Group (there are over one hundred in total in development at various stages in various markets).

NOTICES:

New members to our oil algorithm charting models, oil trade alerts and oil trading room are encouraged to on-board in a way that equips you as an oil trader for consistent profit.

Visit my public Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent crude oil trading algorithm blog posts, You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website explains how the oil algorithm was developed.

Invaluable are the crude oil trade alerts (available with or without the trading room / weekly report bundle) and the private member crude oil trading chat room on Discord (included in the bundle). The live alerts are important if you are not at your trading screens 24 hours a day and the chat room allows for interactive lead trader oil trade set-ups as each oil trade approaches. All bundle members can access the live oil trading room when active also.

Reviewing important points of reference and engaging the subscription resources will increase your probability of success considerably. This report also includes links to some recent example “how-to” videos.

Oil Trade Coaching – We strongly suggest users of this algorithmic crude oil trading strategy opt for some level of private one-on-one coaching with our lead trader. Our lead trader is maintaining a crude oil trading alert win-rate of over 90% (as of Sept 2, 2018 (time-stamped, live alert, recorded).

On our website one-on-one online coaching packages are available (coaching via Skype) or you can request a custom package reflecting the time you wish to invest in learning. To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars, trade coaching bootcamps and private on location (in person) coaching sessions. 

Oil Trading Room – How to Use the Oil Algorithm

Oil Trading Room – How to Trade Intra-day with my Algorithmic Oil Charting

Oil Trading Alerts. Live Lead Trader Video Trading w EPIC Oil Algorithm

Recent articles / videos from our blog about how to trade crude oil with our oil trading algorithm:

Crude Oil Trading Strategy | Technical Analysis & Guidance.

The Best Crude Oil Day Trading Signal Available | It Happened Again Today for 153 Tick Gain Intra-Day.

Crude Oil Trading Strategy: Career Trade Set-Up. Technical Analysis Trading Room w/ Video

Crude Oil Algorithmic Trading: A Simple Strategy That Wins – Real Life Example.

Daytrading Crude Oil: Buy Sell Signals Strategy for Intra-day Sell Off Reversal.

Crude Oil Trading Strategies: This Is It. How To Trade Crude Oil’s Next Move.

Protected: Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.

Protected: Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).

For the more articles / videos available visit our Crude Oil Trading Academy : Learn to Trade Oil page here.

MULTI-USERS: Institutional / commercial platform now available on our shop page.

SOFTWARE: My algorithmic charting is now also in the coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on Twitter feed and/or this blog.

HOW MY ALGORITHM WORKS: I am an oil algorithmic model in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am presented on (and used on) conventional trade charting as one would normally use.

The goal is to provide oil traders with signals for an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil – first with the reporting format as below, then with machine trading functions and an integrated intelligent assisted traders platform that will provide the user with various settings of automation and personal trade execution.

In the weekly report below you will find simplified levels represented on conventional and algorithmic charting for intra-day (day-trading crude oil), swing trading and investing.

This work (and associated trading) should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on with oil related financial instruments.

Forward questions to [email protected], private message our lead trader on Twitter or in the private Discord oil trading room.

For further information this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Oil Algorithm Observations:

Below is a link for the live algorithmic chart of EPIC the Crude Oil Trading Algorithm (Generation 1, Version 5 including black box modeling). The charting is a real-time trading chart represented on FX USOIL WTI published November 6, 2018.

Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Nov 6 1212 AM

https://www.tradingview.com/chart/USOIL/59ndTtW8-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Intra-day-crude-oil/

crude, oil, algorithm, intraday

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Nov 6 1212 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

November 6, 2018

Generation 1 Model Oil Trading Signals

The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below near bottom of this report – conventional charting trend-lines).

The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 65.31 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 61.69 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades – if that is exceeded then trading price is likely to use the line as a pivot until a directional trending trade is established).

Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.

More recently (as of September 2018) our back-testing has shown that the support and resistance areas noted are used in trade as a decision pivot – in other words, the price tends to pivot around these decision points on the chart and coil over a period of time and then spring out of the coil in an upward or downward trend.

The lower trading range is 58.07 – 61.69 and upper trading range 65.31 – 68.93.

Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).

Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.

Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.

Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.

Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.

Tues, Wed and Fri targets are most predictable in extended multi week up-trends or down-trends. In recent time, trade could be described as being in a retrace / moderately range bound.

The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).

Intra-day Trading Bias

Intra day bias is down side trade as the MACD is turned down on the daily chart and this indicator is usually a leading indicator for oil trade on this time-frame.

Wide Trading Range – Buy and Sell Triggers for Swing Trading Crude Oil:

Swing trading bias / forward guidance as of Nov 6 131 AM EST for the near term is bearish. 

Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades between 58.07 to 61.69, 61.70 to 65.31, 65.32 to 68.92, 68.93 to 72.54, 72.55 to 76.14 and 76.15 to 79.74. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.

Or trade the range between the channel diagonal lines at support and resistance in up or down channel (orange dotted diagonals).

Significantly more advanced trading rules will be introduced over the coming weeks with the newer Machine Trading Generation 2 models per below in this report.

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down trend channel. Nov 6 1215 AM

Crude, oil, algorithm downtrend

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down trend channel. Nov 6 1215 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Uptrend channel. Nov 6 1213 AM

crude, oil, trading, algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Uptrend channel. Nov 6 1213 AM FX USOIL WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Gen 1 and Gen 2 Algorithmic Oil Trading Machine Driven Model Development.

Per recent report (as an example):

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/D0Cr5zPo-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Hidden-pivot-locati/

pivots, oil, chart, crude

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil. 240 Min trade spigot concept chart for trims adds Nov 6 1244 AM

https://www.tradingview.com/chart/USOIL/PVabWESI-Crude-Oil-240-Min-trade-spigot-concept-chart-for-trims-adds-Nov/

Crude, oil, add, trim, signal, chart

Crude Oil. 240 Min trade spigot concept chart for trims adds Nov 6 1244 AM FX USOIL WTI $USO $CL_F #OIL #trading

Per recent;

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

This is an alternate machine trading model currently in development.

https://www.tradingview.com/chart/USOIL/KZPGrSny-Crude-Oil-Trading-Algorithm-Gen2-V2-EPIC-Machine-trading-int/

Crude, oil, machine, trading, algorithm

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Per recent;

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/zBBnd8C8-Crude-Oil-Trading-Algorithm-Gen2-V1-EPIC-Machine-trading-int/

Crude, oil, algorithm, machine, trading

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Generation 1 Day-Trading Crude Oil 1 Minute Chart Signals

Crude Oil Day-Trading Chart Signals. 1 minute time.

https://www.tradingview.com/chart/USOIL/En2yVHMl-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-Nov-6-139-AM/

crude, oil, daytrading, chart, algorithm

Crude Oil Day-Trading Chart Signals. 1 minute time. Nov 6 1241 AM FX USOIL WTI $USO $CL_F #OIL #Chart

Crude Oil Swing Trade Charting.

Monthly Oil Chart:

Crude Oil Monthly Chart. Trade lost 200 MA, MACD turning down, Stoch RSI turn down. Nov 6 1254 AM

https://www.tradingview.com/chart/USOIL/H4fj10qu-Crude-Oil-Monthly-Chart-Trade-lost-200-MA-MACD-turning-down-S/

crude, oil, monthly, chart

Crude Oil Monthly Chart. Trade lost 200 MA, MACD turning down, Stoch RSI turn down. Nov 6 1254 AM FX USOIL WTI $USO $CL_F #OIL #trading

Weekly Crude Oil Chart:

Crude Oil. Weekly chart wedge chart. Nov 6 1252 AM

https://www.tradingview.com/chart/USOIL/ND0zG9yp-Crude-Oil-Weekly-chart-wedge-chart-Nov-6-1252-AM-FX-USOIL-WTI/

crude, oil, wedge, chart

Crude Oil. Weekly chart wedge chart. Nov 6 1252 AM FX USOIL WTI $USO $CL_F #OIL #trading

 

Daily Oil Charts:

Crude Oil Daily Chart 200 MACD still turned down. Nov 6 1258 AM

https://www.tradingview.com/chart/USOIL/d2k0DicB-Crude-Oil-Daily-Chart-200-MACD-still-turned-down-Nov-6-1258-AM/

crude, oil, daily, chart

Crude Oil Daily Chart 200 MACD still turned down. Nov 6 1258 AM FX USOIL WTI $USO $CL_F #OIL #chart

Crude Oil Symmetry Chart. Nov 6 104 AM

https://www.tradingview.com/chart/USOIL/70dWoKan-Crude-Oil-Symmetry-Chart-Nov-6-104-AM-FX-USOIL-WTI-CL-F-USO-C/

crude, oil, symmetry

Crude Oil Symmetry Chart. Nov 6 104 AM FX USOIL WTI $CL_F $USO Crude oil daily trading chart.

Diagonal Trend Lines:

Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).

Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

The diagonal trend-lines are marked on chart below:

Crude Oil. Weekly trendline chart, support taken out.

https://www.tradingview.com/chart/USOIL/uA89HSTd-Crude-Oil-Weekly-trendline-chart-support-taken-out-FX-USOIL-W/

Trendliine, chart, crude, oil

Crude Oil. Weekly trendline chart, support taken out. FX USOIL WTI $CL_F $USO #OIL #trading

Per recent;

Crude Oil. Weekly trendline chart, trade at 50 MA and near support. $USOIL $WTI $CL_F $USO #OIL #trading

https://www.tradingview.com/chart/USOIL/SbXd2ONi-Crude-Oil-Weekly-trendline-chart-trade-at-50-MA-and-near-suppo/

crude, oil, trendline, chart

Crude Oil. Weekly trendline chart, trade at 50 MA and near support. $USOIL $WTI $CL_F $USO #OIL #trading

Fibonacci Levels:

Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

The Fibonacci lines are marked on main chart above.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Horizontal trend-lines are marked on charts above.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Your closest target that crude is trending toward is always the most probable.Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Recent Live Crude Oil Trade Alerts (sample signals):

Nov 6 – Recent trade alerts will be updated soon.

Aug 12 2018 – Recent trades are found in this recent report:

Crude Oil Trading Face-Off Results “Pro Trader” (Man) vs. EPIC Oil Algorithm (Machine Trading Tech)

Click on feature post for recent crude oil trading alerts blog post; Oil Trading Alerts Live Video w EPIC Oil Algorithm #EIA Report #Oil #Trading #Algorithm #Alerts $USOIL $WTI $CL_F

Recent Oil Algorithm Price Target Hits:

Nov 6 – Price Target Reporting will be updated soon.

Wed 1030 EIA report lower price target a perfect hit published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.

You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Subscribe to Service Here:

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

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

Crude Oil Trading Room Bundle (includes weekly newsletter 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).

Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

Website: https://compoundtrading.com

Blog: https://compoundtrading.com/blog/

Free chat room: https://discord.gg/2HRTk6n

Subscribe: https://compoundtrading.com/overview-…

Twitter: https://twitter.com/CompoundTrading

Lead Trader: https://twitter.com/curtmelonopoly

Tradingview: https://www.tradingview.com/u/curtmel…

Facebook: https://www.facebook.com/compoundtrad…

StockTwits: https://stocktwits.com/compoundtrading

Email: https://[email protected]

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

 

Article topics: EPIC, Crude, Oil, Algorithm, Trade, Alerts, Trading Room, Chat, Charts, Signals, $USOIL, $WTI, $USO, $CL_F


Crude Oil Algorithm Trading Chart Report (EPIC) w/ Machine Trading Gen 2 Thursday October 25, 2018.

FX: $USOIL $WTI $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of seven primary Algorithmic Chart Models in development at Compound Trading Group (there are over one hundred in total in development at various stages in various markets).

NOTICES:

New members to our oil algorithm charting models, oil trade alerts and oil trading room are encouraged to on-board in a way that equips you as an oil trader for consistent profit.

Visit my public Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent crude oil trading algorithm blog posts, You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website explains how the oil algorithm was developed.

Invaluable are the crude oil trade alerts (available with or without the trading room / weekly report bundle) and the private member crude oil trading chat room on Discord (included in the bundle). The live alerts are important if you are not at your trading screens 24 hours a day and the chat room allows for interactive lead trader oil trade set-ups as each oil trade approaches. All bundle members can access the live oil trading room when active also.

Reviewing important points of reference and engaging the subscription resources will increase your probability of success considerably. This report also includes links to some recent example “how-to” videos.

Oil Trade Coaching – We strongly suggest users of this algorithmic crude oil trading strategy opt for some level of private one-on-one coaching with our lead trader. Our lead trader is maintaining a crude oil trading alert win-rate of over 90% (as of Sept 2, 2018 (time-stamped, live alert, recorded).

On our website one-on-one online coaching packages are available (coaching via Skype) or you can request a custom package reflecting the time you wish to invest in learning. To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars, trade coaching bootcamps and private on location (in person) coaching sessions. 

Oil Trading Room – How to Use the Oil Algorithm

Oil Trading Room – How to Trade Intra-day with my Algorithmic Oil Charting

Oil Trading Alerts. Live Lead Trader Video Trading w EPIC Oil Algorithm

Recent articles / videos from our blog about how to trade crude oil with our oil trading algorithm:

Crude Oil Trading Strategy: Career Trade Set-Up. Technical Analysis Trading Room w/ Video

Crude Oil Algorithmic Trading: A Simple Strategy That Wins – Real Life Example.

Daytrading Crude Oil: Buy Sell Signals Strategy for Intra-day Sell Off Reversal.

Crude Oil Trading Strategies: This Is It. How To Trade Crude Oil’s Next Move.

Protected: Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.

Protected: Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).

For the more articles / videos available visit our Crude Oil Trading Academy : Learn to Trade Oil page here.

MULTI-USERS: Institutional / commercial platform now available on our shop page.

SOFTWARE: My algorithmic charting is now also in the coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on Twitter feed and/or this blog.

HOW MY ALGORITHM WORKS: I am an oil algorithmic model in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am presented on (and used on) conventional trade charting as one would normally use.

The goal is to provide oil traders with signals for an edge when triggering entries and exits on trades with instruments that rely on the price of crude oil – first with the reporting format as below, then with machine trading functions and an integrated intelligent assisted traders platform that will provide the user with various settings of automation and personal trade execution.

In the weekly report below you will find simplified levels represented on conventional and algorithmic charting for intra-day (day-trading crude oil), swing trading and investing.

This work (and associated trading) should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on with oil related financial instruments.

Forward questions to [email protected], private message our lead trader on Twitter or in the private Discord oil trading room.

For further information this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Oil Algorithm Observations:

Below is a link for the live algorithmic chart of EPIC the Crude Oil Trading Algorithm (Generation 1, Version 5 including black box modeling). The charting is a real-time trading chart represented on FX USOIL WTI published October 25, 2018.

https://www.tradingview.com/chart/USOIL/7IdiDp5X-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Intra-day-crude-oil/

Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:

crude, oil, algorithm, trading, intraday

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Oct 25 817 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

October 25, 2018

Generation 1 Model Oil Trading Signals

The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below near bottom of this report – conventional charting trend-lines).

The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 68.93 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 65.32 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades – if that is exceeded then trading price is likely to use the line as a pivot until a directional trending trade is established).

Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.

More recently (as of September 2018) our back-testing has shown that the support and resistance areas noted are used in trade as a decision pivot – in other words, the price tends to pivot around these decision points on the chart and coil over a period of time and then spring out of the coil in an upward or downward trend.

The lower trading range is 61.72 – 65.32 and upper trading range 68.93 – 72.53.

Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).

Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.

Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.

Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.

Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.

Tues, Wed and Fri targets are most predictable in extended multi week up-trends or down-trends. In recent time, trade could be described as being in a retrace / moderately range bound.

The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).

Intra-day Trading Bias

Intra day bias is down side trade as the MACD is turned down on the daily chart and this indicator is usually a leading indicator for oil trade on this time-frame.

Wide Trading Range – Buy and Sell Triggers for Swing Trading Crude Oil:

Swing trading bias / forward guidance as of Oct 25, 2018 9:17 PM EST for the near term is bearish. 

Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades between 58.13 to 61.72, 61.72 to 65.32, 65.32 to 68.92, 68.93 to 72.54, 72.55 to 76.14 and 76.15 to 79.74. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.

Or trade the range between the channel diagonal lines at support and resistance in up or down channel (orange dotted diagonals).

Significantly more advanced trading rules will be introduced over the coming weeks with the newer Machine Trading Generation 2 models per below in this report.

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down trend channel scenario Oct 25 907 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

crude, oil, downtrend, channel

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Down trend channel scenario Oct 25 907 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Uptrend channel scenario Oct 25 906 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

crude, oil, uptrend, channel

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Uptrend channel scenario Oct 25 906 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Gen 1 and Gen 2 Algorithmic Oil Trading Machine Driven Model Development.

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

https://www.tradingview.com/chart/USOIL/D0Cr5zPo-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Hidden-pivot-locati/

pivots, oil, chart, crude

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Hidden pivot locations. Oct 25 831 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

Crude Oil. 240 Min trading spigot concept chart for trims and adds Oct 25 152 PM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/NSCXjzxM-Crude-Oil-240-Min-trading-spigot-concept-chart-for-trims-and-ad/

crude, oil, concept, chart,

Crude Oil. 240 Min trading spigot concept chart for trims and adds Oct 25 152 PM FX USOIL WTI $USO $CL_F #OIL #trading

Per recent;

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

This is an alternate machine trading model currently in development.

https://www.tradingview.com/chart/USOIL/KZPGrSny-Crude-Oil-Trading-Algorithm-Gen2-V2-EPIC-Machine-trading-int/

Crude, oil, machine, trading, algorithm

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Per previous;

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/zBBnd8C8-Crude-Oil-Trading-Algorithm-Gen2-V1-EPIC-Machine-trading-int/

Crude, oil, algorithm, machine, trading

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Generation 1 Day-Trading Crude Oil 1 Minute Chart Signals

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 25 927 PM FX $USOIL $WTI $USO $CL_F #OIL #Chart

https://www.tradingview.com/chart/USOIL/RjS5gats-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-frame-Sept-2/

crude, oil, 1 min, chart, daytrading

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 25 927 PM FX $USOIL $WTI $USO $CL_F #OIL #Chart

Per recent;

During a squeeze trade spikes upward through the highlighted area and then rests and works its way through the next area and spikes through the next highlighted area. This does not occur in regular trade. More on this chart in our special reporting for oil trading over the coming days

7:58 AM update Sept 17:

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 17 723 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Chart

https://www.tradingview.com/chart/USOIL/dn38QRqh-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-frame-Sept-1/

Crude, oil, chart, 1 min

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 17 723 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Chart

Crude Oil Swing Trade Charting.

Monthly Oil Chart:

Crude Oil Monthly Chart. Trade between 100 and 200 MA Stochastic RSI turned down. Oct 25 132 PM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/9wGwel6j-Crude-Oil-Monthly-Chart-Trade-between-100-and-200-MA-Stochastic/

crude, oil, monthly, chart

Crude Oil Monthly Chart. Trade between 100 and 200 MA Stochastic RSI turned down. Oct 25 132 PM FX USOIL WTI $USO $CL_F #OIL #trading

Weekly Crude Oil Chart:

Crude Oil. Weekly chart wedge magnified chart with additional Fibs. Oct 25 145 PM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/aYEzwmwK-Crude-Oil-Weekly-chart-wedge-magnified-chart-with-additional-Fi/

crude, oil, weekly, chart, pivots, magnified

Crude Oil. Weekly chart wedge magnified chart with additional Fibs. Oct 25 145 PM FX USOIL WTI $USO $CL_F #OIL #trading

Crude Oil. Weekly chart wedge perspective chart. Oct 25 135 PM FX USOIL WTI $USO $CL_F #OIL #trading

https://www.tradingview.com/chart/USOIL/IMu0XYNE-Crude-Oil-Weekly-chart-wedge-perspective-chart-Oct-25-135-PM-F/

crude, oil, chart, weekly, wedge

Daily Oil Charts:

Crude Oil Daily Chart 200 MA tested twice this week to upside. Oct 25 120 PM FX USOIL WTI $USO $CL_F #OIL #chart

https://www.tradingview.com/chart/USOIL/J7a3LZEK-Crude-Oil-Daily-Chart-200-MA-tested-twice-this-week-to-upside-O/

crude, oil, daily, chart

Crude Oil Daily Chart 200 MA tested twice this week to upside. Oct 25 120 PM FX USOIL WTI $USO $CL_F #OIL #chart

Crude Oil Symmetry Chart in play. Oct 25 118 PM FX USOIL WTI $CL_F $USO Crude oil daily trading chart.

https://www.tradingview.com/chart/USOIL/TNZvnPPH-Crude-Oil-Symmetry-Chart-in-play-Oct-25-118-PM-FX-USOIL-WTI-CL/

crude, oil, symmetry, chart

Crude Oil Symmetry Chart in play. Oct 25 118 PM FX USOIL WTI $CL_F $USO Crude oil daily trading chart.

Diagonal Trend Lines:

Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).

Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

The diagonal trend-lines are marked on chart below:

Crude Oil. Weekly trendline chart, trade at 50 MA and near support. $USOIL $WTI $CL_F $USO #OIL #trading

https://www.tradingview.com/chart/USOIL/SbXd2ONi-Crude-Oil-Weekly-trendline-chart-trade-at-50-MA-and-near-suppo/

crude, oil, trendline, chart

Crude Oil. Weekly trendline chart, trade at 50 MA and near support. $USOIL $WTI $CL_F $USO #OIL #trading

Crude Oil. Weekly chart magnified, trading between 20 MA and 50 MA this week.. $USOIL $WTI $CL_F $USO #OIL #trading

https://www.tradingview.com/chart/USOIL/KNF3VchK-Crude-Oil-Weekly-chart-magnified-trading-between-20-MA-and-50/

crude, oil, trendline, chart, magnified

Crude Oil. Weekly chart magnified, trading between 20 MA and 50 MA this week.. $USOIL $WTI $CL_F $USO #OIL #trading

Fibonacci Levels:

Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

The Fibonacci lines are marked on main chart above.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Horizontal trend-lines are marked on charts above.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Your closest target that crude is trending toward is always the most probable.Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Recent Live Crude Oil Trade Alerts (sample signals):

Oct 25 – Recent trade alerts will be updated soon.

Aug 12 2018 – Recent trades are found in this recent report:

Crude Oil Trading Face-Off Results “Pro Trader” (Man) vs. EPIC Oil Algorithm (Machine Trading Tech)

Click on feature post for recent crude oil trading alerts blog post; Oil Trading Alerts Live Video w EPIC Oil Algorithm #EIA Report #Oil #Trading #Algorithm #Alerts $USOIL $WTI $CL_F

Recent Oil Algorithm Price Target Hits:

Oct 25 – Price Target Reporting will be updated soon.

Wed 1030 EIA report lower price target a perfect hit published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.

You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Subscribe to Service Here:

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

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

Crude Oil Trading Room Bundle (includes weekly newsletter 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).

Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

Website: https://compoundtrading.com

Blog: https://compoundtrading.com/blog/

Free chat room: https://discord.gg/2HRTk6n

Subscribe: https://compoundtrading.com/overview-…

Twitter: https://twitter.com/CompoundTrading

Lead Trader: https://twitter.com/curtmelonopoly

Tradingview: https://www.tradingview.com/u/curtmel…

Facebook: https://www.facebook.com/compoundtrad…

StockTwits: https://stocktwits.com/compoundtrading

Email: https://[email protected]

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

 

Article topics: EPIC, Crude, Oil, Algorithm, Trade, Alerts, Trading Room, Chat, Charts, Signals, $USOIL, $WTI, $USO, $CL_F


A Real-Life Simple to Reproduce, Consistent Example of a Winning Crude Oil Day Trading Strategy From Our Lead Trader.

How Algorithmic Trading Can Help You Win Consistently (from our trading room on Friday). Man and Machine.

Day trading crude oil futures is not easy… but it is at the same time. The most difficult for me is executing trades based on what I know is right – the most probable winning trade set-ups for buy/sell signals as provided by our algorithmic oil trading model.

This is why I always tell our clients to study the rule-set and use trade alerts only for a heads-up and to use your own trading plan based on your understanding, sizing, comfort area etc. Behind the alerts is a real trader too (at least as it applies to my alerts, our machine trading alerts are a different story going forward).

The buy/signals provided by our algorithm provide structured day trading that increases my win rate greatly – but only when I respect the rules of the model.

I have published a number of articles now detailing the basic rules of the model to assist traders with a better win rate. My personal win rate went from (at best) 60% to approximately 90% (it fluctuates between 80%-95% on an annual basis – there is an ebb and flow). All time stamped live trade alerts.

In our oil trading room last Friday I was triggering trades as was our machine trading technician – man vs. machine (again).

The bottom line: the machine (without effort) won (following the rule-set), and I won – that is until I got greedy.

Both the machine trading technician and I were triggering long side positions near the same time in to the Friday regular market open (my long entries were adds to the previous night futures trade I was already in).

The trade worked well and when the trade met its price target area of the algorithmic model structure (resistance) the machine trade trimmed and then closed on some pull-back and I closed completely.

But I started looking for a further break-out above the algorithmic model signal of resistance as provided by EPIC the Crude Oil Algorithm (after I already had a winning trade). This was the error.

But I started looking for a further break-out above the algorithmic model signal of resistance as provided by EPIC the Crude Oil Algorithm (after I already had a winning trade).

So yes, my day was affected negatively (not that bad because I recovered some by trading bounces during the intra-day reversal sell off), but not good because my trading day could have been very positive vs. negative / stressful on the day.

There is a low stress easier way – just follow the rules of the model. The algorithmic trading model provides a consistent, simple, highly profitable structure for day trading (and even swing trading) crude oil.

Below I explain what I did right and what I did wrong, how easy it is to trade crude oil using proven strategies (with EPIC Oil Algorithm) and how easy it is to get greedy – hopefully my real-life experience helps your trading.

#CrudeOil #AlgorithmicTrading #TradingStrategy FX: $USOIL $WTI $CL_F $USO 

The Trade Details (actual screen shots of the alert feed, charting and commentary).

Below is the initial alert (screen shot from our trade alert feed on Twitter) by our oil machine trading technician at 9:17 AM on Friday October 19, 2018. The technician alerted a trade signal long machine buy program in to the regular market open at 69.25 on the algorithmic charting.

Our algorithmic charting is produced on crude oil FX USOIL WTI and this can be used for trading oil futures CL, ETNs / ETFs such as United States Oil Fund (USO), SCO, UCO, UWTI, DWTI and more.

algorithmic, trading, buy, program, oil

Crude Oil Trade Alert (screen shot) – Machine Trade Buy program initiated in to open 69.25 917 AM – 19 Oct 2018.

At 9:20 PM October 18, 2018 in futures trade the night prior (Thursday night) I alerted to the feed a long side trade entry at 68.93 as a test trade for the break of upside resistance area. So at this point I was in at 68.93 long and the technician was in the trade at 69.25 the next morning.

Oil Trade Alert (Lead Trader) Screen Shot. Long test 68.93 tight, break res upside test 920 PM – 18 Oct 2018

Less than one minute later (after the technician alerted) I was alerting adds to my existing trade (we were obviously loading our trades and alerts at near the exact same time).

oil ,trade, alert, market open

Oil trade alert (screen shot) Adds in to open – lead trader (watch open, will close fast if it fails but it does look like it will squeeze possibly).

The Buy Signals Triggering a Long Oil Trade Alert:

On a conventional crude oil 1 minute chart for FX USOIL WTI, the long side trade entry alert signal sent out to members of our oil trading service was based on a number of signals that combined (in momentum and confirmed with the algorithm model) provide high probability to a winning day trade – the signals are as follows:

  1. Intra day trade in to regular market open breached the Fibonacci trend-line resistance (grey dotted line),
  2. Trade breached the trading box to the upside (red box on chart),
  3. The Squeeze Momentum Indicator turned green again,
  4. The MACD turned up again,
  5. The Stochastic RSI had turned back up after near bottom (the closer to bottom the better in most instances),
  6. Trade was above the 200 MA (moving average) having just retested its support (pink on chart),
  7. Trade was above VWAP (orange on chart),
  8. Trade was above the intra-day trend support line (yellow line on chart).
  9. Positive buy flow volume was increasing in to open (volume bars on chart with blue highlights),
  10. The momentum of trade was subsequently on the bullish side,
  11. The algorithmic model was also in agreement (shown below and to understand the model takes some study).
crude, oil, chart, trading, signals

On conventional USOIL WTI chart, trade entry based on Fib, trading box, SQZMOM, MACD, Stoch RSI, 200 MA, VWAP, vol, momentum.

On the crude oil algorithmic charting model the following reasons were in play to confirm the long trade:

  1. The upside price target area on the chart that had a time cycle concluding on Friday at 1:00 PM (see white arrow on chart) was most probable considering the fact that trade was above the mid trading quadrant horizontal support line (thick grey horizontal line). Which in this instance was also a primary support line for the wider time-frame for swing trading oil (which makes it a significant support area on the chart).
  2. In futures trade the night before, oil trade had broke to the upside of the mid quad resistance area (grey horizontal line as described above and shown on chart below).
  3. There was a hidden pivot (not shown on the algorithm charting but highlighted here for demonstration purposes in bright yellow – horizontal dotted yellow line on chart). The idea being that if trade momentum was turned up in to open that this hidden pivot was likely to be breached to the upside and would then become yet another support confirming the bias to the upside target on the model.

The algorithmic charting model price target described above is the “easy” trade signal I refer to in the title of this post. At any given time of trade intra-day we can provide the most probable price target for the coming time cycle conclusions. I won’t go in to detail here (that is a completely different article). You can read our other oil trading posts, become a member, watch our videos on how to use the oil algorithm, get some trade coaching or attend a boot camp for more details to this process.

The algorithmic charting model price target described above is the “easy” trade signal I refer to in the title of this post.

Another thought (off-topic a tad), consider the trading quadrant – there were four or five excellent long and short entry points on the model at the quad wall resistance and support areas. This week our machine trading technician is alerting to the EPIC Private Member Twitter Feed those trades (I will also continue as normal). 

AND if you look at my original long entry the night prior in futures trade, that trade signal is an even easier trade signal – price was breaching the mid pivot on the trading quad of the model (gray line) which is also the wide swing trading support and resistance area of the charting.

algorithmic, trading, crude, oil, alert. chart

On algorithmic oil charting trade was based on momentum in to pivot with most probable price target up.

I then provided our members with the trade strategy (guidance) with price targets at 69.70, 69.78 and 69.80 at 9:24 AM (right after the market opened). The price targets are where there are resistance areas of the algorithm chart provided above.

daytrade, oil, alert

Crude oil trading alert twitter feed screen shot – price targets for daytrade 69.70, 69.78, 69.80 in upside scenario.

At 9:35 AM I provided further trade strategy / guidance explaining that I was looking for a reversal in the recent trend of crude oil trade (I had distributed a 4 hour chart to our membership by email the night before that I reference in the alert).

oil, trade, alert, perspective

Perspective – reversal trade scenario, if it fails extreme caution to next level down 4 hour chart (yellow TL).

At 9:40 I publish the 4 hour oil chart with intra day trade and the two trend line support areas of the chart I was watching. Providing trade guidance that if the current support was lost in trade that we were likely turning down to the next support area on the chart in the 67’s.

oil, chart

If this area fails 67s are in play #crude #oil #tradealerts FX $USOIL $WTI $CL_F $USO.

Below is the 4 hour USOIL WTI chart provided to members that shows the general trend line support area of crude oil trade.

premarket, trading, plan, crude, oil

Crude oil lines on 4 hour chart FX $USOIL $WTI $CL_F $USO #Oil #OOTT.

At 9:42 AM Oct 19, 2018 (25 minutes after the trade alert long oil) the machine trading alert was posted to the Twitter feed with guidance to trim at 69.58 in trade and then possibly add to the long position at 69.58 (obviously if the indicators provided a buy signal).

machine, trading, crude oil, alert, buy

Machine Oil Trade Alert – Trims initiate 69.58 with adds on intra day pull backs 942 AM – 19 Oct 2018.

The reason for the trade alert issued to members to trim long positions on oil algorithm was that trade intra-day was nearing the Fibonacci trend-line resistance area on chart model (trading quadrant wall). Trade was also nearing the peak of the algorithm trading range intra-day (the apex of the model.) These are the same reasons I exited my long trade as provided below in the next section.

Notice on the chart below trade had hit 69.75’s and the trade alert (as above) price targets for the trade strategy for the day in crude oil based on the algorithmic model were published as price targets for day trade 69.70, 69.78, 69.80 in upside scenario.”

resistance, oil, trade, algorithm

Reason for trim trade alert on oil algorithm – Fibonacci trendline resistance area on chart model.

At 9:45 AM I closed my trade at 69.57. Not a bad trade considering my entries at long crude oil at 68.93 with adds in 69.25’s. A 45 tick trade average in oil is a decent day trade (450.00 on 1 contract or in this instance about 4x that).

oil, trade, alert

Oil trade alert – Closed 69.57 will re-renter on pull back in price or squeeze.

At 9:58 the technician trade closed on a pull back (the other half of the trade) at 69.43 – a 26 tick average. A decent trade profit, especially considering it lasted just over 30 minutes and it was low stress. It took me 12 hours to close a 45 tick trade and the tech 35 minutes to close a 26 tick trade – obviously the technician’s use of time was more efficient.

It gets worse for me though, because I thought I’d try and get a break upside primary resistance on the algorithmic oil charting. The technician followed a simple rule-set (wait for trade to prove out and then enter) and didn’t follow me in to my trade (he can’t because he is obligated to a specific rule-set for triggering trades).

oil, machine, trading, alert

Oil machine trading alert – Stop adjusted to 69.43 USOIL WTI CL_F.

The additional trade I entered I won’t detail here with screen shots etc, but I will say that it turned against me almost immediately and I should have exited the trade immediately.

As oil sold off some intra-day I held my position and added on a bounce and sold on the bounce and chiseled my way to a small loss – but a loss nonetheless. It was a waste of time.

The two primary mistakes I made in my second trade:

  1. I entered a long trade at the resistance of the algorithmic trading model. That is not a correct way to position a trade. I closed the previous trade properly but did not start the new trade properly.
  2. When intra day trade went against my position I should have closed for a small loss, but I did not.

There are other details and reasons for the trading decisions that were made, however, for simplicity and to keep this instructional post to a digestible size I will leave it here.

To increase your crude oil trading skill-set we have a number of tools you can use.

  • There is a link below to our oil trading academy page that has a number of links to articles on our site,.
  • You can book private online trade coaching via Skype.
  • Join our live trading room.
  • Sign on to our oil trading alert feed subscription, (alerts are on a private member Twitter feed).
  • Sign on to our weekly algorithm reporting that provides the algorithm model, conventional charting, guidance for the week etc.
  • Attend a trading boot camp (in person or online).
  • Request via email the videos of our most recent trading boot camp or the master class series videos (both sets are approximately 20 hours each). They are available only by email request at this time by emailing [email protected]. Soon they will be posted to our shop on website.

Thanks

Curt

Any questions let me know!

Further Reading On Our Website That Will Help You Trade Oil Successfully:

Find more posts like this one on our Oil Trading Academy Page – there you will find links to numerous oil trade strategy reports.

Subscribe to Our 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

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Article Topics: Crude Oil, Algorithmic, Trading, Strategy, Day trading,Trading Room, Alerts, Signals, USOIL, WTI, CL_F, USO 


Crude Oil Trading Algorithm Chart Report (EPIC) Monday October 15, 2018.

FX: $USOIL $WTI $USO $CL_F $UWT $DWT $UCO $SCO $ERX $ERY $GUSH $DRIP

Welcome to the oil trading algorithm report. My name is EPIC the Oil Algorithm and I am one of the seven primary Algorithmic Chart Models in development at Compound Trading Group (there are over one hundred in total in development at various stages in various markets).

NOTICES:

New members to our oil algorithm charting models, oil trade alerts and oil trading room are encouraged to on-board in a way that equips you as an oil trader for consistent profit.

Visit my public Twitter feed EPIC Oil Algorithm Twitter (@EPICtheAlgo) and review tweets over the last few months, visit our blog and review the recent crude oil trading algorithm blog posts, our You Tube channel “how my oil algorithm works”, “how to use my charting”, weekly EIA oil report videos and our website explains how the oil algorithm was developed.

Invaluable are the crude oil trade alerts (available with or without the trading room / weekly report bundle) and the private member crude oil trading chat room on Discord (included in the bundle). The live alerts are important if you are not at your trading screens 24 hours a day and the chat room allows for interactive lead trader oil trade set-ups as each oil trade approaches.

Reviewing important points of reference and engaging the subscription resources will increase your probability of success considerably. This report also includes links to some recent example “how-to” videos.

Oil Trade Coaching – We strongly suggest users of this algorithmic crude oil trading strategy opt for some level of private one-on-one coaching with our lead trader. Our lead trader is currently maintaining a crude oil trading alert win-rate of over 90% (as of Sept 2, 2018 – time-stamped, live alert, recorded).

On our website one-on-one online coaching packages are made available (coaching via Skype) or you can request a custom package reflecting the time you wish to invest in learning. To request a custom package suited to your needs email [email protected] or click here for standard private trade coaching packages. Other options for coaching include online webinars, trade coaching bootcamps and private on location (in person) coaching sessions. 

Oil Trading Room – How to Use the Oil Algorithm

Oil Trading Room – How to Trade Intra-day with my Algorithmic Oil Charting

Oil Trading Alerts. Live Lead Trader Video Trading w EPIC Oil Algorithm

Recent articles from our blog about how to trade crude oil with our oil trading algorithm:

Protected: Crude Oil Trading Strategy – How I Will be Trading Oil in to Time Cycles.

Protected: Oil Trading Room – Oil Trading Signals with Lead Trader (plus video).

Crude Oil Trading Room – Member Oil Trade Signals / Alerts for Trading the EIA Report (w/ video)

Oil Trade Alerts: How We Knew Where Oil Sell-Off Bottom Was in Advance. Crude Oil Trading Strategy.

Crude Oil Trading Face-Off Results “Pro Trader” (Man) vs. EPIC Oil Algorithm (Machine Trading Tech).

Oil Trading Alerts Live Video w EPIC Oil Algorithm #EIA Report.

“The Nut Hand” Today’s Huge Oil Trade Win. Exactly How It Was Done. How I Knew & How You Can Too.

CRITICAL Oil Trade. Weekly Timing. EPIC Oil Algorithm Channel $USOIL $WTI $CL_F $USO. 

MULTI-USERS: Institutional / commercial platform now available.

SOFTWARE: My algorithmic charting is now also in the coding phase for our trader’s dashboard program. Please review my algorithm development process, about my oil algorithm story on our website www.compoundtrading.com and my oil algo charting posts on my Twitter feed and/or this blog.

HOW MY ALGORITHM WORKS: I am an oil algorithm model in development. My math is based on traditional indicators (up to fifty at any given time each weighted on win ratio merit – all not shown on chart at any given time) – such as simple math calculations relating to price and volume, Fibonacci, simple pivots, moving averages, Gann, Schiff and various other charting, geometric and mathematical factors. I do not yet have AI integration – only math as it relates to traditional indicators with the primary goal being probabilities. I am not a high frequency robot type algorithm – I am presented on (and used on) a traditional trading chart as one would normally use as a probability indicator.

The goal is to provide oil traders with a signals edge when triggering entries and exits on trades with instruments that rely on the price of crude oil – first with the reporting format as below, then with machine trading functions and an integrated intelligent assisted traders platform that will provide the user with various settings of automation and personal trade execution.

In the weekly report below you will find simplified levels represented on conventional and algorithmic charting for intra-day (day-trading crude oil), swing trading and investing.

This work (and associated trading) should be considered one decision at a time, “if this happens then this or this are my targets”… price – trigger – trade and so on.oil related financial instruments.

Forward questions to [email protected], private message our lead trader on Twitter or in the private Discord oil trading room.

For further information this link explains how our algorithmic charting is done, this YouTube video explains in summary how my algorithm works https://www.youtube.com/watch?v=LUNyxFoXJp8 this link for more information about our algorithmic stock charting models and what makes them different than most.

EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE SIGNAL (ON EVERY VENUE) IS VIDEO RECORDED, ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.

Oil Algorithm Observations:

Below is a link for the live algorithmic chart of EPIC the Crude Oil Trading Algorithm (Generation 1, Version 5 including black box modeling). The charting is a real-time trading chart represented on FX $USOIL $WTI published October 15, 2018.

Click on share button (bottom right beside flag) and when that screen opens click on “make it mine” to view real-time, make edits etc:

https://www.tradingview.com/chart/USOIL/FzwUoxSB-Crude-Oil-Trading-Algorithm-Gen1-V5-EPIC-Intra-day-crude-oil/

Crude, oil, algorithm, trading

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Intra-day crude oil trade. Oct 14 1157 PM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Trading #Algorithm

October 15, 2018

Generation 1 Model Oil Trading Signals

The first most predictable trade are the resistance and support cluster areas formed by long term chart trend lines (see charts that have trend-lines represented in red as made available below near bottom of this report – conventional charting trend-lines).

The second most predictable trade (wide trading range primary resistance and support that become predictable buy and sell triggers). Current algorithmic model wide trading range resistance (grey arrow – grey horizontal line) at approximately 72.52 in the current trading range. Current algorithmic model wide trading range support (grey arrow – grey horizontal line) at approximately 68.93 in the current trading range – these areas are general range support and resistance areas (our algorithm uses a .15 – .20 cent buffer on either side for these trades – if that is exceeded then trading price is likely to use the line as a pivot until a directional trending trade is established).

Trading between the resistance / support horizontal grey lines is extremely profitable risk – reward if one is disciplined to the patience required and follows the trend of trade.

More recently (as of September 2018) our back-testing has shown that the support and resistance areas noted are used in trade as a decision pivot – in other words, the price tends to pivot around these decision points on the chart and coil over a period of time and then spring out of the coil in an upward or downward trend.

The lower trading range is 65.32 – 68.92 and upper trading range 68.93 – 72.54.

Third most predictable trade (support and resistance of uptrend or down trend channels). On the chart an upward trending trade channel is presented and a downward option (channel support and resistance / trading range is represented as diagonal dotted orange lines and purple arrows – as made available, assist in displaying directional trade decision areas).

Fourth most predictable trade (support and resistance of 30 min quadrants). The diagonal lines make up quadrants (in this instance on a 30 min chart) and are represented as orange diagonal lines that make up geometric diamond shapes. These lines also assist in intra-day trade.

Fifth most predictable trade (support and resistance of most applicable Fibonacci) the Fib support and resistance lines are the horizontal lines in various colors with the exception of purple and yellow (see below). These horizontal lines become support and resistance for intra-day trade.

Sixth most predictable trade (support and resistance of historical support and resistance) Natural / historical support and resistance lines shown in purple or yellow – they represent historical support and resistance. The strongest of the historical support and resistance lines are shown in yellow horizontal and are typically accompanied by a yellow arrow marker.

Seventh most predictable trade signal we use are the time and price targets (red circles). When trade is in a significant uptrend or downtrend the targets become very precise and move up the indicator priority list quick.

Tues, Wed and Fri targets are most predictable in extended multi week uptrends or downtrends. In recent time, trade could be described as being in a retrace / moderately range bound.

The Eighth most predictable trade is intra-day. You will notice on some of the charting geometric shapes in green on some of my charting (at times). They are charted live in the trading room and at times the lead trader will highlight these areas intra with white outlines (typically geometric shapes such as diamonds or triangles).

Intra-day Trading Bias

Intra day bias is down side trade as the MACD is turned down on the daily chart and this indicator is usually a leading indicator for oil trade on this time-frame.

Wide Trading Range – Buy and Sell Triggers for Swing Trading Crude Oil:

Swing trading bias / forward guidance as of Oct 15, 2018 12:16 AM EST for the near term (two week swing trade) is bearish. 

Trade the ranges noted above between the thick grey lines (grey arrows) for the most predictable swing trades between 58.13 to 61.72, 61.72 to 65.32, 65.32 to 68.92, 68.93 to 72.54, 72.55 to 76.14 and 76.15 to 79.74. This is a highly profitable risk-reward way to trade oil if you can be patient to trigger at only the break of the wide range charting areas and are disciplined to cut a losing trade that does not prove in your anticipated trend.

Or trade the range between the channel diagonal lines at support and resistance in up or down channel (orange dotted diagonals).

Significantly more advanced trading rules will be introduced over the coming weeks with the newer Generation 2 models per below in this report.

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Uptrend channel oil scenario. Oct 15 1219 AM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Algorithm #OOTT

Oil, trading, algorithm, uptrend, channel

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Uptrend channel oil scenario. Oct 15 1219 AM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Algorithm #OOTT

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Downtrend channel oil scenario. Oct 15 1218 AM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Algorithm #OOTT

crude, oil, algorithm, down channel

Crude Oil Trading Algorithm. Gen1.V5 (EPIC). Downtrend channel oil scenario. Oct 15 1218 AM FX $USOIL $WTI $USO $CL_F #Crude #Oil #Algorithm #OOTT

Generation 2 Model Oil Trading Signals.

October 15 – Generation 2 model is currently in back-testing and will be released to members when available. Below are a few versions of late.

Per recent;

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

This is an alternate machine trading model currently in development.

https://www.tradingview.com/chart/USOIL/KZPGrSny-Crude-Oil-Trading-Algorithm-Gen2-V2-EPIC-Machine-trading-int/

Crude, oil, machine, trading, algorithm

Crude Oil Trading Algorithm. Gen2.V2 (EPIC). Machine trading intra-day. Sept 17 552 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Per previous;

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

https://www.tradingview.com/chart/USOIL/zBBnd8C8-Crude-Oil-Trading-Algorithm-Gen2-V1-EPIC-Machine-trading-int/

Crude, oil, algorithm, machine, trading

Crude Oil Trading Algorithm. Gen2.V1 (EPIC). Machine trading intra-day. Sept 11 1246 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #Crude #Oil #Algorithm #OOTT

Generation 1 Day-trading Crude Oil 1 Minute Chart Signals

Oct 2 – Currently in update, will be released when available.

During a squeeze trade spikes upward through the highlighted area and then rests and works its way through the next area and spikes through the next highlighted area. This does not occur in regular trade. More on this chart in our special reporting for oil trading over the coming days.

Per recent;

7:58 AM update Sept 17:

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 17 723 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Chart

https://www.tradingview.com/chart/USOIL/dn38QRqh-Crude-Oil-Day-Trading-Chart-Signals-1-minute-time-frame-Sept-1/

Crude, oil, chart, 1 min

Crude Oil Day-Trading Chart Signals. 1 minute time frame. Sept 17 723 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Chart

Crude Oil Swing Trade Charting.

Monthly Oil Chart:

Crude Oil Monthly Chart. Trade between 100 and 200 MA with MACD up. Oct 15 1234 AM FX $USOIL $WTI $USO $CL_F #OIL #chart

crude, oil, monthly, chart

Crude Oil Monthly Chart. Trade between 100 and 200 MA with MACD up. Oct 15 1234 AM FX $USOIL $WTI $USO $CL_F #OIL #chart

Weekly Crude Oil Chart:

Crude Oil Weekly Chart Wedge. Trade in lower half of trading range of wedge. Oct 15 1239 AM FX $USOIL $WTI $USO $CL_F 

https://www.tradingview.com/chart/USOIL/TvX2z0qi-Crude-Oil-Weekly-Chart-Wedge-Trade-in-lower-half-of-trading-ran/

weekly, crude, oil, chart, wedge

https://www.tradingview.com/chart/USOIL/TvX2z0qi-Crude-Oil-Weekly-Chart-Wedge-Trade-in-lower-half-of-trading-ran/

Recent reporting for this chart set-up:

Crude Oil Weekly Chart Wedge. Testing resistance points on chart intra-day. Oct 2 521 AM FX $USOIL $WTI $USO $CL_F

https://www.tradingview.com/chart/USOIL/ZleXvNiq-Crude-Oil-Weekly-Chart-Wedge-Testing-resistance-points-on-chart/

Crude, oil, weekly, chart

Crude Oil Weekly Chart Wedge. Testing resistance points on chart intra-day. Oct 2 521 AM FX $USOIL $WTI $USO $CL_F #oiltradealerts

Per previous for reference;

1 of … Crude Oil Weekly Chart Wedge. Very bullish oil trading signal here, lower trend line held w break to upside. Sept 24 1204 AM

https://www.tradingview.com/chart/USOIL/H3tBaTZ3-1-of-Crude-Oil-Weekly-Chart-Wedge-Very-bullish-oil-trading/

crude, oil, trade, alerts, signals

1 of … Crude Oil Weekly Chart Wedge. Very bullish oil trading signal here, lower trendline held w break to upside. Sept 24 1204 AM FX $USOIL $WTI $USO $CL_F #oiltradealerts

2 of … Crude Oil Weekly. Over 71.76 suggests 74.20 – 79.00 in to Oct 22. Sept 24 1209 AM

crude oil, trade, alerts, price, targets

2 of … Crude Oil Weekly. Over 71.76 suggests 74.20 – 79.00 in to Oct 22. Sept 24 1209 AM FX $USOIL $WTI $USO $CL_F #oiltradealerts

3 of … Crude Oil Weekly. Resistance 71.76, 74.20, 78.17, 79.00, 79.34 ish. Sept 24 1211 AM

crude. oil, trade, alerts, resistance

3 of … Crude Oil Weekly. Resistance 71.76, 74.20, 78.17, 79.00, 79.34 ish. Sept 24 1211 AM FX $USOIL $WTI $USO $CL_F #oiltradealerts

4 of 4 … Crude Oil Weekly. If it fails for some reason, it targets 68.58 – 69.21 Oct 22. Sept 24 1215 AM

Crude, oil. trading, chart, downside, targets

4 of 4 … Crude Oil Weekly. If it fails for some reason, it targets 68.58 – 69.21 Oct 22. Sept 24 1215 AM FX $USOIL $WTI $USO $CL_F #oiltradealerts

Daily Oil Charts:

Crude Oil Daily Chart, MACD crossed down with trade testing mid pivot Oct 15 1244 AM FX $USOIL $WTI $USO $CL_F #OIL #chart

https://www.tradingview.com/chart/USOIL/boaVJYSK-Crude-Oil-Daily-Chart-MACD-crossed-down-with-trade-testing-mid/

crude, oil, chart, daily, MACD, pivot

Crude Oil Daily Chart, MACD crossed down with trade testing mid pivot Oct 15 1244 AM FX $USOIL $WTI $USO $CL_F #OIL #chart

Crude Oil Daily basic algorithmic chart model highlighting symmetry scenarios of trade. Oct 14 1249 AM FX $USOIL $WTI $USO $CL_F #OIL #chart #algorithm #symmetry

https://www.tradingview.com/chart/USOIL/Ts6Pa0Ud-Crude-Oil-Daily-basic-algorithmic-chart-model-highlighting-symme/

crude, oil, symmetry

Crude Oil Daily basic algorithmic chart model highlighting symmetry scenarios of trade. Oct 14 1249 AM FX $USOIL $WTI $USO $CL_F #OIL #chart #algorithm #symmetry

Diagonal Trend Lines:

Diagonal trend-lines are critical inflection points (currently represented in red below on our conventional charting).

Please review many of my recent posts so you can learn about how important these diagonal trend-lines are. If one is breached you can look to pull-back to next diagonal trend line about 90% of the time. Also pay attention to how thick the lines are – the thicker the line the more important because they represent extensions from previous time / price cycles.

Remember you can come in to the chat room to message the trader and REMEMBER I have posted a live chart link in this post so if you can’t see the lines well on this chart above you can go to the live chart link and watch for member live algo chart links through-out the day in your email inbox!

The diagonal trend-lines are marked on chart below:

Crude Oil Weekly chart trend-lines suggest approx 75.71 peak price approx Nov 12 Oct 15 1254 AM FX $USOIL $WTI $USO $CL_F #OIL #chart #trendlines

https://www.tradingview.com/chart/USOIL/7ZgJp2nU-Crude-Oil-Weekly-chart-trendlines-suggest-approx-75-71-peak-pric/

Crude, oil, weekly, chart, trendlines

Crude Oil Weekly chart trendlines suggest approx 75.71 peak price approx Nov 12 Oct 15 1254 AM FX $USOIL $WTI $USO $CL_F #OIL #chart #trendlines

Sept 17: Previous remains signal;

Oil Chart (Weekly). Oil trend lines on weekly time-frame. Aug 12 951 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Significant probability oil hits 79.50 ish Dec 3, 2018 ish. But over that area unlikely unless there is a geo political event. Over 79.50 the shorts would get wrecked. Low 50s most probable by 2022. Early Dec 2018 is likely the highs. $USOIL $WTI $CL_F $USO #OOTT

https://www.tradingview.com/chart/USOIL/ouLad9xj-Crude-oil-weekly-trendline-chart-suggests-79-50-area-Dec-3-2018/

oil, trend lines, chart

Oil Chart (Weekly). Oil trend lines on weekly time-frame. Aug 12 951 PM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Oil Chart (Weekly). Oil trend lines on weekly time-frame. Aug 7 605 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

https://www.tradingview.com/chart/USOIL/bS8T4ism-Oil-Chart-Weekly-Oil-trend-lines-on-weekly-time-frame-Aug-7/

Oil, trend line, chart

Oil Chart (Weekly). Oil trend lines on weekly time-frame. Aug 7 605 AM FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL

Previous posts for perspective;

Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1

Oil, trendline, resistance, chart

Oil has now cleared every trendline resistance provided on conventional charting I’ve posted last year. $USOIL $WTI $CL_F #OOTT #OIL $USO $UWT $DWT 233 PM Jan 1

$USOIL, $WTI, Chart, Trendlines

Simple lines show expose clusters of resistance. Crude algo intra work sheet 201 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Notice when the daily chart is opened, the simple lines extend to current day trade.

Daily chart view. Simple lines show expose clusters of resistance. Crude algo intra work sheet 213 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Daily, $USOIL $WTI, Chart, Trendlines

Daily chart view. Simple lines show expose clusters of resistance. Crude algo intra work sheet 213 AM Apr 10 FX $USOIL $WTIC #OIL $CL_F CL $USO $UCO $SCO $UWT $DWT #OOTT

Fibonacci Levels:

Watch the lines for support and resistance. Careful using them as traditional retracement levels with crude because the algo lines etc are more dominant / predictable. But the Fib lines are excellent indicators for intra-day trade support and resistance.

The Fibonacci lines are marked on main chart above.

Horizontal Trend-Lines (purple):

Horizontal trend-lines are not as important as the other indicators reviewed above, however, they do serve as important resistance and support intra-day for tight trading and they are important if thick (in other words they come from previous time / price cycles). WE STARTED TO REPRESENT THE REALLY IMPORTANT LINES IN YELLOW FYI FOR EASE. Refer to chart for current applicable horizontal trend-lines.

Horizontal trend-lines are marked on charts above.

Oil Time / Price Cycles:

Watch your email and / or my Twitter feed for time price cycles they may start to terminate.

Time / price cycles are the single most important indicator and my record calling them is near 100% – since inception seven months ago. The reason they are so important is that a trader does not want to be holding a crude oil instrument at termination of a time cycle if not absolutely sure if price will go up or down. A trade may choose to enter a large position in advance of a time price cycle termination IF THERE IS A HIGH PROBABILITY OF A DIRECTION IN PRICE and if the market is trading at a really important pivot area. In other words, if the market is trading at the bottom of the upward trending channel at a support (yellow lines) and we knew there was a significant probability of a time cycle about to terminate a trader may enter with a long position. The price really spikes or drops significantly when these important time cycles terminate.

The problem with time / price cycle terminations is they change from minute to minute (depending on where price is on the chart) so you have to be in the trade room to get the alert. Our lead traders will do everything they can in future to send these on SMS but we have to be careful because it can be difficult with so much going on in the room. The reason they (time cycles) change is because they are actually represented by or are geometric shapes in the chart – I know it sounds odd but I have (as I mentioned) hit these calls just shy of 100%. The oil political people know the same algorithmic modeling principles and they ALWAYS TIME THEIR BIG ANNOUNCEMENTS AROUND THE TIME PRICE CYCLE TERMINATIONS.

So if you can picture a triangle on the chart – and price is trading in the triangle – and price is going to come to the edge of the triangle and there is a significant support or resistance or an algo line terminating there too or a target (those type of indications)… then we know there is a high probability of a time and price change. In other words, it is where there are clusters of algorithm points that cross and when price is going to cross over that cluster is where they are. And these are represented on all the different time frames – the larger the time frame – the larger the time price cycle termination – the larger the spike or downdraft. This is where we establish our intra-day quadrants from for sniping trades (which we will put in to the room soon because it looks like the geo political rhetoric is over for a while making them more predictable). Difficult to explain in short. So we will do our best to SMS alert these in future.

Also, the real large or important time / price cycle terminations we know far in advance and they can be put in these newsletters.

If you review my Epic the Oil Algo Twitter feed, my blog posts and my story on our website you will get a feel for how accurate these calls are.

Alpha Algo Trading Trend-Lines (Primary – Red dotted lines. Secondary – White dotted lines):

To determine which algo line is most alpha (or probable) intra day, it is the nearest line to price action. This can also help you determine the trend of trade. If the algo line is trending up the price will follow it up until price is tested at an algorithm indicator (the main tests are diagonal trendlines, horizontal trendlines, time / price cycles etc – as I have shared with you). This is why it is important to watch all the lines because they are all support and resistance. To keep it simple trade the range (yellow lines) as I’ve mentioned but keep an eye on these indicators.

Current Alpha Algo Targets (Red circles):

Your closest target that crude is trending toward is always the most probable.Then, your second most probable is the one that is up or down trend depending on whether general price is in an upward or downtrend for the most recent week or so and what your other indicators look like (such as the MA’s I explained above).

The other way to determine which targets are in play is actually quite simple, you will notice that crude trades between the channel lines up and down and up and down and there are various support and resistance along the way. If it hits a target at the top of the channel you can bet most times (unless the next day like today) that the next target hit will be at the bottom of the channel.

Wait for the price to trend toward a target and take your position and watch as price gets closer and closer to the target. Remember, that the machines trade from decision to decision – or in other words from support to next resistance or resistance to next support or when the times come each week on Tuesday Wednesday and Friday they will trend toward the target that market price action determines they go to.

Our lead trader will explain more in the room and do not hesitate to ask our lead trader in the room by private message or on twitter to explain intra day decisions.

Recent Live Crude Oil Trade Alerts (sample signals):

Oct 15 – Recent trade alerts will be updated soon.

Aug 12 2018 – Recent trades are found in this recent report:

Crude Oil Trading Face-Off Results “Pro Trader” (Man) vs. EPIC Oil Algorithm (Machine Trading Tech)

Click on feature post for recent crude oil trading alerts blog post; Oil Trading Alerts Live Video w EPIC Oil Algorithm #EIA Report #Oil #Trading #Algorithm #Alerts $USOIL $WTI $CL_F

Recent Oil Algorithm Price Target Hits:

Oct 15 – Price Target Reporting will be updated soon.

Wed 1030 EIA report lower price target a perfect hit published on weekend report. Oil Algorithm (EPIC). FX $USOIL $WTI $USO $UWT $DWT $CL_F #OIL #Algorithm #OOTT

Oil Intra-Day Algo Trading Quadrants (white dotted lines):

Trading quadrants are simply support and resistance lines that can assist your intra-day trading – they are not alpha or primary support and resistance by any measure. Price action does however typically move more assertively when leaving a trading quadrant.

Indicator Methods:

As explained above, my algorithm is a consideration of up to fifty traditional indicators at any one time – each one given its own weight in accordance to its accuracy (win rate). This is how we establish the probability of specific targets hitting (we call them alpha algo targets).

Alpha Algo Targets, Algo Trend-lines, Algo Timing, Quadrants for Intra Snipes

Algo targets are the red circles – they correspond with important times each week in oil reporting land. Tuesday 4:30 PM, Wednesday 10:30 AM and Friday at 1:00 PM. The red dotted diagonal lines are the algo trend-lines. And the vertical dotted (red or green) are marking the important times each week. You will find that the price of crude will hit one of the alpha algo targets about 90% of the time. In the absence of market direction the machines take price to the next algo line and/or target. Understanding how the price of crude reacts to the algos and how they move price from target to target is critical for intra-day and swing trading crude oil and associated instruments.

You will notice that price action of crude will use these algo trend-lines and act as support and resistance, and that price also often violently moves when an alpha algo line is breached either upward or downward.

We cover this in much more detail in the member updates, trading room. A review of my Twitter feed and previous blog posts will help you understand the relation of these indicators. We will start posting video blogs (for my subscribers) on YouTube (in addition to my daily blog posts) for swing traders that work during regular trading hours.

Also… we will cover how to establish algo trend-lines and price targets future forward (as you have seen me do on my Twitter feed for some time now).

Conclusion:

See you in the live trade room! And again, if you struggle to know how to use these indicators as a trader’s edge, it is recommended (if you have earnestly reviewed all of our documentation first) that you obtain private coaching prior to trading a real account with real money – we recommend you use a paper trading account at first.

You can also send specific questions to our email inbox at [email protected] – if you do this be sure to ask a specific question so it can be answered specifically. When the 24 hour oil trading room opens you will have ample opportunity in that 24 hour room to ask questions also.

Watch my EPIC the Oil Algo Twitter feed for intra day notices and your email in box for member only material intra day also.

EPIC the Oil Algo

Subscribe to Service Here:

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Connect:

Register to free email list for trade set-ups, webinars, special events: https://compoundtrading.com/contact/

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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: EPIC, Crude, Oil, Algorithm, Trade, Alerts, Trading Room, Chat, Charts, Signals, $USOIL, $WTI, $USO, $CL_F


Crude Oil Trade has been on a rally for some time. A retrace is in order, but how how far will oil retrace? What is my personal oil trading strategy? What is my bias – bullish or bearish in to time cycles?

To be clear, I am very bullish oil based on various geo-political set-ups or probabilities. That’s my fundamental bias – bullish oil, the reasons would take a book to explain and that’s not our focus here anyway. The focus here is to know the key areas of support and resistance on the primary time frames to trade oil this week for profit. So this post will focus on that and the regular EPIC oil algorithm report will be out soon.

Here’s my personal trading plan (strategy) for crude oil…

The recent run up in oil caught me off-guard, prior to the run-up I was on a multi-week winning streak. Where the change in streak for my trading occurred was when I changed time frames and algorithmic models – I was testing some machine trading models we are coding.

Anyway, that’s water under the bridge and I’m ready for the next.

Below is a break down of what I see coming in my personal oil trading strategy near term. First lets review a few crude oil charts on a few different time frames…

Crude oil weekly chart with key areas of support and resistance in trading box to watch.

The trading box on the weekly chart provides an upper resistance starting at around 75.30 and a lower support area starting at around 72.93.

The diagonal Fibonacci trend lines provide an up trend resistance at around 74.75 and down trend support nearing 73.50.

Neither is absolute (the trading box or Fib trend lines), but they are marks to watch. The way that crude oil trades is that every key decision is to be watched for a turn, you never know which will cause a turn so you make your move based on what has happened at each decision.

The weekly charting structure is a large structure and the trading box should be weighted significant in anyone’s trading plan.

https://www.tradingview.com/chart/USOIL/COmA2gkR-Crude-oil-weekly-chart-with-key-areas-of-support-and-resistance/

Crude, oil, trading, strategy, weekly, chart

Crude oil weekly chart with key areas of support and resistance in trading box to watch. #oiltradingstrategy

Crude oil daily chart with key resistance and support areas of trade on watch.

On the daily chart the trading box offers support starting at around 73.26 and has a range of support to about 73.00 which puts it about 7 cents off where the weekly chart trading box support is at (starts). Intra-day in Sunday night futures FX USOIL WTI is trading 73.69 and hit a low of day in this session so far at 73.53.

If oil rally’s again, the daily chart says 79.09 area is the start of significant resistance in the trading box range. If you reference 79.00 ish on the weekly chart that brings trade to the upper region of the Weekly charting resistance also. The two time-frames do not concur exact, but they are similar.

Also of note, the 20 MA is at 71.96 intra-day (an indicator to consider).

https://www.tradingview.com/chart/USOIL/SybRT1C2-Crude-oil-daily-chart-with-key-resistance-and-support-areas-of-t/

Crude, oil, daily, chart, trading, strategy

Crude oil daily chart with key resistance and support areas of trade on watch. #crudeoil #tradingstrategy

Symmetry on this daily chart structure says 80.00 Nov 28 and 86.70 Jan 25 are in play if rally re-starts. 

And yet another structure to consider… but only consider as it relates to symmetry possible. The channel may also be in play (white arrows). The rule of trade should be to EPIC’s oil algorithmic charting model, the charts included in this special report like this one are provided for consideration only.

https://www.tradingview.com/chart/USOIL/TAbzu73c-Symmetry-on-this-daily-structure-says-80-00-Nov-28-and-86-70-Jan/

Crude, oil, chart, symmetry

Symmetry on this daily structure says 80.00 Nov 28 and 86.70 Jan 25 are in play if rally re-starts. FX USOIL WTI

Trade in crude oil near algorithm channel support or resistance in up channel or down channel is an obvious area to start entries.

The support and resistance areas of the trading channels on the EPIC algorithm are the most obvious areas to secure a turn in trade – these I will be respecting and trading with as serious of focus as I can muster going forward. The support and resistance areas of the channels work. Take your entry, keep your stop tight because you can always re-enter. When trade is near support or resistance simply use a 5 minute time frame and time in accordance to intra day trade and use a stop, keep it tight, and re-enter as needed. Five small scrapes for a trade that can move through the quad range is a small price to pay.

https://www.tradingview.com/chart/USOIL/RqcrbPfq-Trade-in-crude-oil-near-algorithm-channel-support-or-resistance/

Trading, algorithm, support, resistance, oil, crude

Trade in crude oil near algorithm channel support or resistance in up channel or down channel is an obvious area to start entries

Last but not least there is significant range support near 72.53 on the crude oil algorithm model that I will respect in my trade plan.

Oil, support, algorithm

Last but not least there is significant range support near 72.53 on the crude oil algorithm model that I will respect in my trade plan

So what’s the bottom line to my crude oil trading strategy going forward?

It doesn’t matter how many time-frames you chart oil on there is no way to get the various time-frames to concur, oil is just that way. Because oil trade is that way it is critical to use a rules based process for your trade execution.

The most predictable way that I have found is to use the algorithm model support and resistance at the channel signals. If you respect those areas of the algorithm and viciously respect tight stops understanding that you can always re-renter then you will do well. If you let fear or bias play with your mind you will fail. How do I know? Trust me, I’ve been trading the algorithm model since inception and I can tell you without a doubt that respecting its structure works and not respecting it causes embarrassing losses. A rigid system of trade works.

Anything I can do to help you with your trading let me know.

Thanks

Curt

October 8, 2018 6:54 AM Crude Oil Trading Strategy (Intra-day) Update

Below is an updated crude oil algorithmic chart update with the oil daytrading range I am monitoring. Also noted are the price targets expected.

Intra-day Oil Trading Strategy FX USOIL WTI CL_F USO #oil #trading #strategy https://www.tradingview.com/chart/USOIL/8JOAcTlF-Intra-day-Oil-Trading-Strategy/

Oil, Trading, Strategy, Intraday

Intra-day Oil Trading Strategy FX USOIL WTI CL_F USO #oil #trading #strategy