Trading product for Crude Oil Reversal cBot Commodities RSI, image 1
cBot
Version 1.0, May 2025
Windows, Mac, Mobile, Web
4.5
Reviews: 4
Trading product for Crude Oil Reversal cBot Commodities RSI, image 2
Since 11/03/2025

It's an algorithm based on detecting the shift in momentum that operates when crude oil is oversold. It is designed to work only with a 4h timeframe but you can try to change it by adapting the parameters. Be careful with the position size, it depends of your broker.

Statistics

  • Period tested: 01/01/2021 to 28/05/2025
  • Profit: 71%
  • Profit factor: 2.1
  • Win rate: 50%
  • Max draw down: 4.89%

The parameters

  • RSI period: the rsi period used to detect the shifting dynamics
  • ATR period: atr period, the ATR is used to set take profit and stop losses
  • Lookback bars: number of periods we look back to detect the shifting momentum
  • Local Minimum Ray: the zone in term of bars we check a certain bar is a local minimum
  • SL ATR coeff: we set the SL as this coefficient multiplied by the atr, by default 3
  • TP ATR coeff: we set the TP as this coefficient multiplied by the atr, by default 6
Trading profile
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

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Since 11/03/2025