At a glance
The short version
Oil's previous day high and low, measured
Yesterday's high was taken on 51.0% of days and the low on 47.2%: at least one on 87.8%, both on 10.4%, and neither on 12.2%.
Where the first side went: in the Asian session on 36.4% of days, London on 26.5%, the New York morning on 21.3% and the New York afternoon on 3.7%. Traded as the usual sweep-and-reclaim to the far side, it averaged −0.15R a trade over 803 trades.
| Oil | Days | High taken | Low taken | Either | Both | Neither |
|---|---|---|---|---|---|---|
| Oil | 1,123 | 51.0% | 47.2% | 87.8% | 10.4% | 12.2% |
Testing the PDH/PDL sweep on oil
Open oil with the previous day's levels drawn, start before the session you trade and step candle by candle. Mark every sweep you would fade or follow, place the stop and target, and let the journal show whether your filter beats the bare numbers.
Frequently asked questions
How often does oil take the previous day's high or low?
Yesterday's high was taken on 51.0% of days and the low on 47.2%; at least one on 87.8%, both on 10.4%, and neither on 12.2% (1,123 days, CRTLAB).
Can I backtest the previous day high and low on oil for free?
Yes, free every day. You get oil with the previous day's levels drawn, with every tool the product has, and 2,000 candles of replay every day, no card needed. CRTLAB Unlimited ($14.99 a month) or CRTLAB Lifetime ($99 once) removes the daily limit. Key levels and every other tool are on from the first candle.
