PetroBrent

The developed system is an algorithmic trading strategy designed for intraday operations in the Brent crude oil market. It operates using a rule-based approach focused on price action, volume behavior, and key price levels such as the Point of Control (POC).

Strategic Foundation

The system identifies strong price movements (impulses) supported by volume conditions. After detecting this movement, it evaluates potential retracements toward relevant price zones where market activity has been concentrated.

Operational Logic

• Impulse Detection: Identification of price movements with a minimum defined range.
• Volume Evaluation: Comparison of current volume against previous candles using a multiplier.
• POC Reference: Identification of a price level based on recent candle data.
• Retest Behavior: Monitoring price interaction with the POC zone.
• Trade Execution: Orders are placed at market when predefined conditions are met.

Risk Management

• Fixed Stop Loss and Take Profit levels
• Volume adjusted based on predefined configuration
• Internal conditions for trade validation

Exit Management

• Trades are closed at predefined Stop Loss or Take Profit levels
• Additional internal logic may close trades based on price behavior
• No traditional trailing stop is used

Default Parameters

• Symbol: Brent Crude Oil (SpotBrent)
• Timeframe: M5
• USD per 0.01 lot: 50
• Minimum Wick Size: 20 pips
• Stop Loss: 100 pips
• Take Profit: 180 pips
• Candles for POC Calculation: 50
• Minimum Candle Size: 5 pips
• Volume Multiplier: 1.2
• POC Tolerance: 3 pips

Key Characteristics

• Rule-based execution
• Price action and volume-based logic
• Use of POC as a reference level
• Fixed risk parameters
• Automated trade execution
• Intraday trading approach

Risk Disclaimer

Trading involves risk and may not be suitable for all investors. Past performance does not guarantee future results.