AlgoBars
WTI crude trading bot
Trade WTI crude
oil with a bot
On AlgoBars you can build a WTI crude oil bot in plain English. Test it for free. It runs 24/7 on our servers, with no VPS. One standard lot of WTI on AlgoBars is 1,000 barrels. A $0.01 move is worth $10 per lot; a $1 move is $1,000. WTI crude oil is mostly moved by supply decisions such as OPEC+, weekly US inventory data, and global demand.
Last updated · Trading involves risk of loss.
Key facts
From the AlgoBars market list. Contract sizes and hours can differ at your broker.
| WTI crude oil | |
|---|---|
| Symbol on AlgoBars | WTI |
| Standard lot | 1,000 barrels |
| Value of a move | A $0.01 move is worth $10 per lot; a $1 move is $1,000. |
| When it trades | Trades almost 24 hours a day on weekdays, with a daily break; exact hours depend on your broker. |
| What moves it | Supply decisions such as OPEC+, weekly US inventory data, and global demand. |
How to automate WTI crude oil
- Describe your idea in plain English, or use no-code blocks or AlgoBarsX.
- Backtest it free, then walk-forward test it on data it has not seen.
- Set risk per trade and a daily loss limit.
- Switch it on. It runs 24/7 on your connected broker.
Good to know
How much is one lot of WTI crude oil worth per move?
A $0.01 move is worth $10 per lot; a $1 move is $1,000.
Can I automate WTI crude oil trading for free?
Yes. Building and backtesting bots is free, and automation on integrated brokers is free.
When does WTI crude oil trade?
Trades almost 24 hours a day on weekdays, with a daily break; exact hours depend on your broker.
Start building today.
Free to explore. Talk to us 24/7 at +1 855-889-6969.
Every feature, free. No card. No catch. · AI at compute cost only · Trading involves risk