MCL STRAT
MCL1! The instrument you can use to trade are
CL1! What you need to do is basically focus on the prediction for the last few days, the red and green dots of the curve, to know where the market is most likely to go.
Based on the WTI ML model, you can decide whether to activate or deactivate shorts or longs if usin MCL Strategy (Published appart). if choppy keep both. If you see a bullish trend in the model, activate longs and deactivate shorts. If you see a bearish trend, do the opposite.
This model is trained with approximately 28,000 data points, such as futures inventories, commitment of traders, macroeconomic data, the market itself, imports, natural gas, electricity, manufacturing, and technical analysis. Basically all the data you can imagine that affects oil gives us this forecast. The interesting thing about the model is that it self-trains and identifies which data are most relevant, discarding the noise from what really moves the market.
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Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact andywallsq directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.