Crude Oil Trading

Up 60 points from 3100. And my target of previous posts met. I would 'not' be long in 3250-3350 region ( next contract)

Try this AFL, please be careful backtest and then adopt.
I found something fishy about it as the SL of a running trade shifted. I just got it so if you folks wanna backtest and share feedback - would be great for all

Will be testing this system for next few trades in live mkt. Have entered short as this system pointed out. How ever, I took short below low of the previous bar, as this system generated the short at the high of the bar.
Backtesting gave good returns for last 6 months data. Let's see, where it takes me in live market.
Will keep posted abt the result.

rgds,
kuldeep

Wow thanks for testing it for me (us). Do let me know which time frame did you test this system for

1 HR TF. Since 1 Jan till last Short entry, with the filter of 10 Rs, it generated 2400 odd Crude oil points with single position. I took the BUY / SELL entries as displayed on the screen. Returns as per these signals are double than what I was using & shared on this forum. Hence, decided to test live. Will go with only 1 MINI CRUDE for few trades initially.

Wow thanks for testing it for me (us). Have some questions

[1] which time frame are you using -- Answered
[2] Any refinements that you are relying on - taking tardes below the high or low of the signal candle and stuff like that -- No refinments. Using the AFL as given by you.
[3] Does signal generate real time or post closure of the candle depending upon the time frame being selected -- Since I use 1 HR TF, I take entry only after bar is closed. Only change here is, entry is to be taken above / below of the previous bar... That you may want to twick with, while you refine the system.
[4] Which RTD vendor are you using. I did get few suggestion but considering being a part time trader its a tad expensive to spend 20,000 + -- Ouchy -- RT DATA by NLC
[5] Any success ratio you observed via paper trading -- replied
[6] SL is the big problem I believe as it gives trailing SL -- have you devised and counter plans for the same -- Agree. SL are too far. Will keep SL on major pivots initially. Once I get some confidence abt this system, will follow the system, as it is always in FLOW system.

Sorry am full of questions - I want to refine this code but little tight on time. Also howz your afl panning out to be? - my existing system also generated reversal signal around same price. Hence this is added advantage this time. Will keep an eye to compare both systems, as we progress ahead.


Thanks again

Had few more questions as I edited the response.... sorry for bombarding you like this
I am not able to PM you did you purposely keep it blocked -- am glad you are testing it

No no... Actually I dont know whether there is any such setting regarding PM.

Will try to send you one. Please chk if you can revert back