This is a short-sell version of the strategy based on the famous turtle system. www.tradingblox.com In a nutshell, it a trend trading system where you are shorting on strength (in the downtrend), selling on weakness (that it might be reversing). positions should be entered when the price crosses under the 20-day low (S1 low) or 55-day low (S2 low). positions...
There are a few different attempts at the turtle strategy on here, but none that I have seen thus far correctly follow the strategy as I know it. This version uses a stop order to trail out of the position by moving the stop order to match the exit channel or stoploss as the N*2( ema of True Range * 2). This version of turtle strategy also uses stop orders for...
This is a backtest of the TMA Indicator v2.2 using default parameters. Backtest window: Jan 1, 2015 - Jul 21, 2019 (today) For more information on the indicator and strategy seen here please take a look at this backtest: For paper trading only. Do not use on real markets. Never make investment decisions based on this indicator alone.
This indicator is designed to show support and resistance at local extremes. Configurable SMA crossover events can be used to impart a bullish or bearish bias. This helps to reduce noise on the chart and increase profit factor. In other words, the indicator will only look for bullish breakouts if the fast moving average is above the slow moving average and...
This indicator is designed to show support and resistance at local extremes. Indicator can be configured to filter out bullish vs bearish resistance levels based on configurable parameters. Supports alerts for entries and exits based on breakouts of local extrema. Green/Red indicates long/short entry Yellow/Orange indicates long/short exit Backtest...
First pinescript strategy I've ever written so still learning what is possible. This strategy is based on the famous turtle system and tried to stay true to the rules within the confines of what pinescript will allow me to do. Features: Green lines represents the 20/55 day highs (configurable) Red lines represent the 10/20 day lows (configurable) ...
Script này mô phỏng lại cách chọn điểm vào lệnh theo chiến lược rùa của Richard Dennis được ghi chép trong cuốn sách The Complete Turtle Trader and Way of the Turtle
For those who never heard about these two huge strategies: * * * Darvas Box Strategy - www.netpicks.com * * * Turtle Way Strategy - www.investopedia.com In very short terms, both strategies are based on breakouts, probably the easiest way to trade (with proper education, obviously) I created this indicator based on highs and lows, which will create support...
추세 추종 거래를 위한 지표입니다. 스캘핑 또는 단타와 같은 단기 거래보다 스윙 거래에 적합합니다. 생겨나는 점들을 지지선 또는 저항선으로 생각하시면 됩니다. 빨간점은 하락추세 파란점은 상승추세를 뜻합니다. 추세를 이용하는 지표답게 횡보장에 약합니다
This is just a simple EMA cross strategy which is meant to be similar to Turtle Trading Strategy. It uses in default 4 Hour 21 / 10 EMA to long or short. This is not perfect but in the long run it will profit. Works best in bull market. LINK TO ALERT :
Track consecutive new highs/lows outside the Donchian range. Fans of the oldschool Turtle Strategy should enjoy the visualization. Same logic as my "Walking the Bands" script, just with Donchian breaks instead of Bollinger tags.
This script is a merge between the Trailing stop from HPotter and the Turtle system from tmr0 and timchep
Combine 3 EMA indicators into 1. Buy and Sell signal is based on - Buy signal based on 20 Days Highest High resistance - Sell signal based on 10 Days Lowest Low support Input :- 1 - Short EMA (20), Mid EMA (50) and Long EMA (200) 2 - Resistance (20) = 20 Days Highest High line 3 - Support (10) = 10 Days Lowest Low line
This represents a bot I have written that uses a heavily modified version of the Turtle strategy for cryptocurrency trading. This is meant to be traded on the 4 Hour candlestick. This strategy doesn't 100% accurately reflect the bot due to limitations of pinescript. The actual bot enters on the signal much faster, detects bitcoin price rally and adjust its...
Added parameters for source of highest and lowest line. It's usefull for ultra volatile markets like cryptocurrencies and penny stocks. Using close price as source helps to filter out false breakout signals in turtle trading strategy.