CL Crude Oil Futures Statistics
Trading Hours (CT)
Regular Trading Hours (RTH): 08:00 - 15:00
Initial Balance Period: First hour of RTH (08:00 - 09:00)
Range Information
IB Range: High/Low during the first hour of trading
RTH Range: High/Low during regular trading hours
FS Range: Full session range (overnight + RTH)
Report generated on: Aug 4, 2025
Range Distribution
Range Volatility Summary
20d Median IB Range is 75% of 3yr median
20d Median RTH Range is 91% of 3yr median
Range Trend Summary
IB Range continued to decrease and is below long-term average
RTH Range has increased recently but remain below long-term average
20-Day Range Distribution (Jun 9, 2025 - Jul 8, 2025)
60-Day Range Distribution (Apr 10, 2025 - Jul 8, 2025)
3-Year Range Distribution (Jul 8, 2022 - Jul 8, 2025)
IB Break & Ext Stats
IB Break & Extension Table
| Period | IBH Broken | IBL Broken | Both Broken | IBH Ext 25% | IBL Ext 25% | IBH Ext 50% | IBL Ext 50% | IBH Ext 75% | IBL Ext 75% | IBH Ext 100% | IBL Ext 100% |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 20-Day | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... |
| 60-Day | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... |
| 3-Year | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... | Loading... |
IB Break Stop Loss Analysis
Based on most recent 3 yr data. IB Range Context was calculated Below/Normal/Above based on rolling 20 trading day window as of date calculation was run for
Adverse Excursion Statistics
Analysis based ONLY on days when respective extension target was reached
IBH25 Targets
| Statistic | Value (% of IB) | Description |
|---|---|---|
| Count | 378 | Number of trades that hit target |
| P15 | 1.0% | 15% of trades had adverse move ≤ this |
| Median | 17.5% | 50% of trades had adverse move ≤ this |
| Mean | 28.8% | Average adverse excursion |
| P85 | 55.0% | 85% of trades had adverse move ≤ this |
IBL25 Targets
| Statistic | Value (% of IB) | Description |
|---|---|---|
| Count | 399 | Number of trades that hit target |
| P15 | 0.0% | 15% of trades had adverse move ≤ this |
| Median | 16.0% | 50% of trades had adverse move ≤ this |
| Mean | 30.1% | Average adverse excursion |
| P85 | 61.3% | 85% of trades had adverse move ≤ this |
Trade Profitability Analysis
Analysis includes all respective IBH or IBL breaks, regardless of whether target was reached
IBH25 Breaks Profitability
P15 Stop
Median Stop
Mean Stop
P85 Stop
IBL25 Breaks Profitability
P15 Stop
Median Stop
Mean Stop
P85 Stop
How to Use This Analysis:
- Adverse Excursion: Shows how far price moved against you (as % of IB range) before hitting target
- Stop Placement: Use P85 for conservative stops, Median for balanced approach. Stops are IB range-adaptive!
- Stop %: Percentage of IB range used for stop distance (e.g., 40% = stop at 40% of daily IB range)
- Avg Stop Distance: Average actual stop distance in points based on each day's IB range
- Profitability: Expected results if you traded every IB break with this adaptive stop strategy
- Context Filtering: Shows how performance varies with recent IB range behavior