Description
This automated trading system is specifically engineered to trade West Texas Intermediate (WTI) Crude Oil (USOIL) futures and CFDs. Moving away from lagging, fixed-point crossover indicators, the algorithm utilizes a continuous trend-following execution model paired with statistical market regime detection. It is designed to capture sustained macro expansions and intraday momentum characteristic of energy markets, while dynamically mitigating risk during chop and volatile inventory releases.
Asymmetrical Risk Profiling: The strategy is built to handle diverse statistical distributions. It can sustain profitability even in environments with a lower average Win/Loss ratio (e.g., $0.40 - 0.50$) by maintaining a high win rate ($70\% - 75\%+$), or vice versa, by cutting losses immediately during false breakouts and letting winning trends run.
Summary
Key features include asymmetrical risk profiling that allows the bot to maintain profitability across varying win/loss distributions by either sustaining a high win rate (70%-75%+) or quickly cutting losses during false breakouts while letting winning trends run. The bot uses fixed risk percentage position sizing with a recommended risk per trade of 2%, and incorporates risk management tools like stop loss, take profit, and maximum drawdown guards.
USOIL KING operates on a medium trade frequency with a scalping style, executing market orders primarily on 1-minute chart resolutions. It supports algorithmic and quantitative analysis approaches, leveraging AI trading techniques. The bot is optimized for use with leverage up to 200x and is compatible with the AssetBridge broker. It is designed for traders with a minimum recommended balance of $100 and manages one position at a time.
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