From TradingView · · 1m
Time at Mode Method in Crude Oil Futures
Crude oil futures signal uses time and price to predict market moves.
In brief
Crude oil futures signal uses time and price to predict market moves. Tim West shares a time at mode method for crude oil futures trading with 8-day targets. Originally reported by TradingView.
Time at Mode Method
Tim West explains a signal method using time and price to predict crude oil futures moves.
Mode Calculation
The mode is the most frequent price found by counting from lowest low to current price.
Entry Signal
A signal occurs when the market detaches from the mode with a range expansion move away from it.
Stop Loss
Stop loss is 3 average true ranges away from entry or a move back below the mode.
Target Calculation
The target is measured by the range around the mode with two time frames: daily and weekly.
Weekly Target
The weekly target is reached in 3 weeks out of the 7-week time limit for the signal.
What it means
Tim West shares a time at mode method for crude oil futures trading with 8-day targets.
