Hi Traders,
I came across with this trading system : Turtle Trading System
Turtle trading is a well known trend following strategy that was originally taught by Richard Dennis. The basic strategy is to buy futures on a 20-day high (breakout) and sell on a 20-day low, although the full set of rules is more intricate. I’ve modeled the meat of the strategy in Quantopian and used it to trade exchange-traded funds (ETFs), in this case just some silver and copper securities. In AmiBroker AFL platform, traders can use this advanced trading strategy.
A Turtle Trading System covers each and every of the choices required for a hit trading:
Markets – What to buy or sell
Place Sizing – How a lot to buy or sell
Entries – When to buy or sell
Stops – When to get out of a shedding place
Exits – When to get out of a successful place
Ways – The right way to buy or sell
Trend trading system.
Strengths: volatility-based.
Weaknesses: lag and since volatility increases at the end of a trend, traders exits early.
Description: Indicator is used to keep track of a trade. Once a stop is hit, it waits for the next entry signal (short or long). Use onDAILY values only.
Algorithm: recommends that an exits hangs from the HHV (long) or LLV (short) since the trade was triggered. Some traders use the highest close as the base for hanging the exit.
Download Turtle Trading AFL – Turtle-Trading
Open Zero Brokerage Account : Click Here
Algo Trading Guidance : Click Here
Happy Trading
AFL ,DATA And information is provided for informational purposes only, and is not intended for trading purposes. Neither investallign.in website nor any of its promoters shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
Effwa Infra & Research Limited IPO is set to launch on 5 July, 2024. The…
Ambey Laboratories Limited IPO is set to launch on 4 July, 2024. The company initiated…
Bansal Wire Industries Limited IPO is set to launch on 3 July, 2024. The company…
Emcure Pharmaceuticals Limited IPO is set to launch on 3 July, 2024. The company initiated…
Nephro Care India Limited IPO is set to launch on 28 June, 2024. The company…
Diensten Tech Limited IPO is set to launch on 26 June, 2024. The company initiated…
This website uses cookies.