Profitable Crude Oil BreakOut | Strategy of the Month March 2022 | Peak Trading Research

Russia's attacks in Ukraine have rocketed commodity prices higher and Crude Oil futures are at 14-year highs. For Peak's March 2022 Strategy of the Month, Dave Whitcomb, CFA will walk revisit a Crude Oil trading strategy that we built a few months ago in our "Build Your First Strategy" Video. Breakout strategies work!

0:08 Massive Uncertainty = Big Volatility
0:55 Strategy Code for Volatile Markets
1:32 Simple Strategies Work
1:43 Strategy on a Chart
1:57 Performance Statistics
2:14 What to Like: Systematic, Built Months Ago, Breakouts Work!

FULL EASYLANGUAGE CODE (CRUDE OIL 240 MIN BARS):

Input: HighX(9), LowX(50);
If Average((High - Low), 5) greater than Average((High - Low), 20) = false then begin
if close = highest(close,HighX) then buy next bar at market;
end;
If highestbar(High, 10) less than lowestbar(High, 10) = False then begin
if close = lowest(close,LowX) then sellshort next bar at market;
end;
if Barssinceentry greater than or equal to 10 then sell next bar at market;
if Barssinceentry greater than or equal to 10 then buytocover next bar at market;
Setstoploss(5000);

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Are you looking for Commodity Market Insights and Profitable Systematic Trading Strategies?

Then you’ve come to the right place.

Welcome to the Peak Trading Research YouTube Channel.

Dave Whitcomb, CFA, Head of Research, is your channel host.

This channel is for beginner, intermediate, and expert traders looking to profit from Systematic Trading Insights across Agriculture, Energy, and Metals commodity futures markets.

Are you looking for algorithmic trading for beginners, quantitative trading basics, or the best trading systems for 2022? Read more about that right below this video information.

To learn more about the services Peak Trading Research offers, check out the links below:

For Peak’s industry-leading quantitative commodity research:
► www.PeakTradingResearch.com ◄

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► www.PeakAlgo.com ◄

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► www.linkedin.com/in/david-whitcomb-cfa/ ◄

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Peak Trading Research is a leading research provider in commodity markets. Peak’s research combines deep commodity trading experience with proprietary technology to offer you unparalleled insights into Agriculture, Energy, and Metals commodity markets.

With Peak’s trusted expertise in commodity futures markets, you’ve come to the right place to make smart, profitable trades. Our Peak Trading Research YouTube channel covers commodity trading strategies, algorithmic trading options, and futures trading systems. We’ll deep dive into these subjects during our explanatory videos.

Are you a beginner and really want to start from the foundations? We’ve got you covered. Dave will explain everything about futures and commodities from A to Z.

Or are you searching for the best trading software? Trying to choose between Tradestation and Multicharts? Everything you need to know is right here.

Or if you’re an expert trader looking to learn more about specific markets and algorithmic strategies, we’ve got detailed videos to help you too.

And now, a few suggestions for you to watch:

Recently, we published a mini-series about the Commitment of Traders (COT) Reports: COT 101, How the COT Works, and How to Trade COT Information. Watch the videos here:
►    • COT Explained   ◄

Are you looking for a trading strategy for the Sugar futures market? Dave will give you a complete walk-through in this video:
►    • Real Trading Strategy - Luxor Sugar -...   ◄

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