Turtle Channels PRO+ | All Features

This is a powerful, adaptive trend-following strategy based on Turtle Trading principles — enhanced with:

Auto-adjusting stop loss/take profit via ATR volatility percentiles

Partial profit-taking with trailing stops

EMA trend filtering, RSI filters, and swing structure confirmation

It’s designed to be profitable across all assets and timeframes, with default optimization for 15-minute charts.

🧭 How to Use the Strategy
1. Applying to Chart
Copy/paste the full script into a TradingView Pine Script Editor

Click “Add to chart”

Open the Strategy Tester tab to see performance results

2. Entry Logic
🟢 Long Entry:
Triggered when:

Price crosses above the upper channel (20-period high)

AND optional filters pass:

EMA filter: price above EMA(55)

RSI: below overbought

Swing: current bar is a swing low

🔴 Short Entry:
Triggered when:

Price crosses below the lower channel (20-period low)

AND optional filters pass:

EMA filter: price below EMA(55)

RSI: above oversold

Swing: current bar is a swing high

3. Exit Logic
🟦 Partial Take Profit (if enabled):
50% of position closed at 1x ATR target (adaptive to volatility)

Remaining 50% exits at 2x ATR target or via trailing stop

🚪 Exit by Channel Break:
Exits if price breaks opposite channel (exitHigh or exitLow)

4. Auto SL/TP Adaptation
If enabled:

ATR volatility is compared to a rolling average (percentile)

The strategy scales SL/TP automatically between a min and max multiplier

Example: SL = ATR × 1.0 to 2.5 depending on recent volatility

5. Filters (Toggleable)
Filter Description
✅ EMA Ensures trades align with trend
✅ RSI Avoids entries in overbought/sold extremes
✅ Swing Confirms momentum with structural highs/lows

Use combinations for precision entries and avoid false signals in choppy zones.

6. Optimizing Settings
You can tune the following for each market:

entry Len & exit Len: Adjust for faster/slower channels

ema Len: Modify trend responsiveness

atr Min Mult/atr Max Mult: Adjust SL/TP size based on market volatility

partial Ratio: Scale more or less at TP1

trail Offset Mult: Adjust trailing stop tightness

Start with 15m timeframe and test across BTC/USD, Gold, Forex, etc.

📈 Strategy Tester Metrics to Watch
Win rate vs Profit Factor

Max Drawdown

Net Profit

Sharpe Ratio (lower timeframe = more noise, so smooth settings help)

Inspired by turtle soup indicator