BigFoot Trading Strategy | Heating Oil Breakout

Explore the BigFoot breakout trading strategy for heating oil futures. This systematic approach buys higher highs and sells lower lows using 11-day lookback for

Published · Updated · Methodology: Technical Indicators

  • Methodology: Technical Indicators
  • Content type: strategy
  • Timeframes: Daily (implied by 'days' in lookback and 'closes')
  • Markets: Heating Oil Futures

Indicators used

  • Highest Close (Lookback)
  • Lowest Close (Lookback)

Source video

Decoded from: BigFoot Trading Strategy | April 2022 Strategy of the Month | Heating Oil BreakOut by Peak Trading Research — watch the original

Key timestamps:

  • 0:50 - Great Environment for Breakout Trading
  • 1:57 - BigFoot Performance Statistics
  • 3:44 - Full EasyLanguage Strategy Code
  • 4:00 - Entry rule: 'if the heating oil market closes at its highest close of the past 11 days the system buys'
  • 4:10 - Entry rule: 'if heating oil closes at its lowest close of the past 11 days the system will sell short'
  • 4:20 - Exit rule: 'the system has a bar's sense entry exit so if more than 13 days have passed the system will exit any position'
  • 4:30 - Exit rule: 'you'll also see this very clever big point value stop exit'
  • 5:00 - Exit rule: 'the system has a simple stop loss as well'

Topics

bigfoot trading strategy · heating oil futures strategy · breakout strategy · technical indicators · daily trading strategy · commodities trading · trading strategy · highest close breakout · lowest close breakout · pine script strategy · tradingview strategy · futures trading

About this strategy page

This trading strategy was decoded by Strategy Decoder's AI from a public YouTube trading video and turned into a structured, reviewable specification. In the interactive app this page shows the full entry and exit logic, risk management settings, the indicators involved with their parameters, AlgoWizard-compatible logic and a Pine Script export ready for TradingView backtesting — plus an automated backtest verdict when one has been computed for this strategy.

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