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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Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. 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.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.