• araza
  • Licensed Member
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  • Registered: 2017-08-29
  • Posts: 145

Topic: Turtle Strategy

Hi
Want to create an EA for the following turtle strategy
https://www.dailyforex.com/forex-articles/2015/08/a-turtles-style-breakout-strategy/47616

Rules are as per follows:
Wait for a NEW 20 period HIGH or LOW
Look for a Second Breakout, that is higher or lower than the first
More than 4 bars between breakouts
Enter on the next bar after the breakout

Please see the screenshot for better understanding

https://s14.postimg.org/l20fmv3ql/Turtle_Strategy.png

I have not made a strategy before on FSB and only have used the generated ones. Please take the time so that we all may learn from this process of building strategies.

Thanks

  • Blaiserboy
  • Blaiserboy
  • Junior Part-Time Aspiring Space Cadet
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  • From: Toronto
  • Registered: 2010-09-06
  • Posts: 2,849

Re: Turtle Strategy

Use the Donchian Channel Indicator

Blaiserboy's Website

  • araza
  • Licensed Member
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  • Registered: 2017-08-29
  • Posts: 145

Re: Turtle Strategy

Thanks...sorry for the late reply..was busy with my day job...not lucky enough to do Forex fulltime

  • Blaiserboy
  • Blaiserboy
  • Junior Part-Time Aspiring Space Cadet
  • Offline
  • From: Toronto
  • Registered: 2010-09-06
  • Posts: 2,849

Re: Turtle Strategy

Lopane wrote:

I think it is really a complex strategy and it is difficult to understand what you are trying to explain. You need to make a simple strategy for yourself and which will also be helpful for the newbies on this forum. Best of luck!


It consists of a couple Donchian channels of different specs...  not complicated.

Blaiserboy's Website