The Giga Kaleidoscope GKD-C Turtle Trading Channel is a confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-C Turtle Trading Channel The "Turtle Trading Channel" refers to a method of trading based on a concept taught by Richard Dennis and William Eckhardt to a group of traders known as the Turtles in the 1980s. This...
Hello everyone, First of all, what is deviation? It can be said that the price goes down (or goes out) under the past pivot zone and enters the range again after lingering for a while. (I think so) I think there is a sign of trend reversal as it hunts the stops below (or above) the pivot zone as well. (RektProof also has a strategy for this.) In this indicator,...
Japanese below / 日本語説明は下記 Overview I have made this strategy mimicking the legendary traders group, Turtle’s 20days high low break strategy with more options available for take profit(TP) and stop loss(SL) conditions. The main component of the strategy is same as my indicator, Previous N days/weeks/months high/low(see the link below) and with this strategy, ...
The Turtle Trading approach* is a trend following system that uses volatility for position size. *(Richard Dennis & William Eckhardt ) Turtle traders use the N unit system for risk management, which has its own advantages. This indicator offers beginners a simple interface that uses the same logic. Using ATR (Average True Range) to measure volatility. The...
a simplified turtle trading based on donchian channel (for long only)
The strategy uses the breakout method to enter an order. Look for areas of price compression to wait for a breakout. Use trailing stoploss to keep the order until the end of the trend. Example using 10000 contract size with GBPJPY , slippage is 3 and commission per order is 0.3$, with actual capital of 10000$, you can adjust other contract size for other pairs to...
Turtle Rules: To trade exactly like the turtles did, you need to set up two indicators representing the main and the failsafe system. Set up the main indicator with TradePeriod = 20 and StopPeriod = 10 (A.k.a S1) Set up the failsafe indicator with TradePeriod = 55 and StopPeriod = 20 (A.k.a S2) The entry strategy using S1 is as follows Buy 20-day breakouts...
Determine the position of the product to purchase according to: 1. max loss that you could tolerate 2. max volatility that you could tolerate (defined as the multiple of the current ATR) For example: current ATR = $5 max loss = $1000 volatility multiple = 2 The position will be p = $1000 / $5 / 2 = 100 (shares)
This script is based on the famous turtle strategy with add on cha stop. - Fast Buy triggered when price cross upper DC 20. - Slow Buy triggered when price cross upper DC55. - There is 2 lines (black line) which is Stop Line and Average Up line. - Stop when price close below Stop Line and Average Up when price close above Average Up line. - There is 2 Sell signal...
For Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed. This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. This is a longer term trend following strategy that uses Donchian Channels for trend following and uses the upper...
TAD SYSTEM TAD stands for TURTLE, ATOM and DUCK With the three BUY arrows aligned accordingly with the TURTLE, ATOM and DUCK indicators, this triggers BUY signal With the three SELL arrows aligned accordingly with the TURTLE, ATOM and DUCK indicators, this triggers SELL signal F1 TURTLE F1 ATOM F1 DUCK
Based on my previous script "Turtle N Normalized," this script plots the CM SuperGuppy on the value of N to identify changing trends in the volatility of any instrument. Turtle rules taken from an online PDF: "The Turtles used a concept that Richard Dennis and Bill Eckhardt called N to represent the underlying volatility of a particular market. N is simply the...
Simple script that calculates the normalized value of N. Rules taken from an online PDF containing the original Turtle system: "The Turtles used a volatility-based constant percentage risk position sizing algorithm. The Turtles used a concept that Richard Dennis and Bill Eckhardt called N to represent the underlying volatility of a particular market. N is simply...
INTRODUCTION This indicator is to give BUY/SELL signal based on price action. There are 2 types of BUY/SELL Signals Fast Turtle Buy/Sell Slow Turtle Buy/Sell FAST TURTLE Signal > Fast Turtle is based on 2 Bars High and 2 Bars Low setup > Buy/Sell signal appears at the top of the chart. SLOW TURTLE Signal > Slow Turtle is based on 20 Bars High and...
Donchian channel with Turtle trading style: buy long when price is higher than high 20 candles (green up arrow), and sell short when price is lower than low 10 candles (red down arrow).
One of the most famous strategy in the history of trading, #Turtle strategy have numerous legends, one of them is using Donchian Price Channels with 55 period for entries and 20 period for exits. Can be used with any time frame Added alerts I added re-entries and re-exits for more scalps or for laddering trading. Also you can modify parameters for entries and...
A great deal has been written about trend trading, simply because it’s a profitable trading technique, that simply works. The MoTrend indicator displays trending, momentum and stiffness to the trader guiding them to potential trend trading opportunities. MoTrend also contains a very sophisticated exit strategy, allowing the trader to ride the trend to its most...