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Crude Oil Strategy Mining Study (Part 1)

Today I continue a blog mini-series focused on putting context around trading system development. I am trying to better understand what can be expected from strategies that look good in the developmental phases.

With each subsequent study, I am discovering nuances and better learning the software. My previous study is described here. In the current study, I have attempted to compile pieces from previous studies and avoid earlier mistakes.

As I learn, the exact methodology varies from study to study. I previously studied equities while I now move forward with crude oil. The following study is my first to include a dedicated stop-loss. What follows is also my first study featuring a highest high (lowest low) stop for long (short) trades. Subsequent studies may not include these. Regardless of the differences, my ultimate goal is to walk away with some big-picture conclusions based on recurring themes found inside the numbers.

Full details on the following study is included in Mining 8, but I will go into extensive detail here.

My process with the software was very repetitive:

I will continue next time.

* — Many of these steps are reflective of my particular screen size, resolution, etc.