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