Oil Investor 3 Pro

Short Description

Oil Investor 3 Pro — a trading advisor for oil (WTI/Brent) that trades within a specified price range and closes positions when the next upper or lower price level is reached.

Full Description

General Concept

• Oil Investor 3 Pro is an advisor designed for trading oil instruments (WTI, Brent, oil CFD). The strategy is based on trading within a clearly defined range and taking profit when the next upper or lower price level is reached, determined by the price step.

How the advisor works

• A trading price range is set (InpPriceCeiling / InpPriceFloor) — the advisor operates only within this corridor.

• A position is closed when the next upper or lower price level is reached, which is determined by the specified price step. Each trade has a clear price target.

• Risk Price is the price at which the balance is zeroed out. This allows you to know in advance the maximum price risk on a position.

• Spread filter — protection against entries during periods of spread widening.

• Time filter — trading is conducted only during specified hours (server time).

• Ability to close and restore positions strictly at the closing price if the swap becomes positive again.

Key Features

• Specialized for oil instruments (WTI/Brent CFD).

• Flexible configuration of the trading price range

• Automatic calculation of lots based on account Equity

• The Risk Price parameter sets the limit price

• Closing positions at the next price level according to the price step

• Ability to close and restore positions strictly at the closing price if the swap becomes positive again

• Monitoring panel on the chart (can be disabled)

• Maximum spread filter

• Trading time filter

• Configurable Magic Number

Usage Recommendations

• Instrument: WTI, Brent, oil CFD

• Timeframe: any, depending on your testing

Broker: 

• with low spread and stable execution

Description of Input Parameters (Inputs)

📊 Control Panel

Parameter	Description
InpShowDashboard	Show the information panel on the chart.

🔑 Order Identification

Parameter	Description
InpMagicNumber	Unique Magic Number of the advisor.

 💰 Initial Balance

Parameter	Description
InpInitBalance	Initial balance for automatic calculation of trading volumes. Used in the lot calculation formula.

📈 Price Channel (trading range)

Parameter	Description
InpPriceCeiling	Upper boundary of the price range in which trading is conducted (for example, 100 USD per barrel).
InpPriceFloor	Lower boundary of the price range (for example, 30 USD per barrel).

⚠️ Risk Management

Parameter	Description
InpMaxRiskPrice	Determines the price level at which the position will reach an almost zero advisor balance.

📏 Price Step

Parameter	Description
InpPriceStep	Price step through which additional purchases are made on pullbacks and the next upper level for closing the position is determined.

💱 Spread

Parameter	Description
InpMaxSpread	Maximum allowable spread for opening a position. If exceeded, entry is blocked.

⏰ Time Restrictions (server time)

Parameter	Description
InpUseTimeFilter	Enable/disable the trading time filter.
InpStartHour	Trading start hour (server time).
InpStartMinute	Start minute.
InpEndHour	Trading end hour.
InpEndMinute	End minute.