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MetaTrader 5

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TurtleLongTermMT5

turtlelongtermmt5-logo-200x200-3427
300 $225 $

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Information

Experts
MetaTrader 5
Yan Xiong Xue
1.0
5

Overview

TurtleLongTerm Strategy description

this is  a trend following strategy, no grid,no martingale

Entry conditions:

 If there is no position and the price breaks through the long-term period (55) Donchian channel upper and lower bands entry

Addition conditions:


1,The interval ATR*AddCoef ficient is to increase the position once, and the stop loss is moved forward by 2*ATR.


2,The maximum position does not exceed MaxPositions


Exit conditions:


1,defult stop loss:2*ATR stop loss after entering the market


2,trailing stop1:The price breaks through the 10-period  Donchian Channel and exits


3,trailing stop2:Price retracement N*ATR exit


Recommended  Period:D1 or H4


Recommended Symbols:GBPUSD|USDJPY|GBPJPY|XAUUSD


Parameter Description :

- Trade Symbols        = "GBPUSD|USDJPY|GBPJPY|XAUUSD";     

- TimeFrame            = PERIOD_D1;                       

- MagicNumber          = 15888093182;                     

- Comment                 = "Turtle";                      

- RiskRatio                 = 1;                                // risk percent of  account      

- isAddition                 = false;                            // isMultiplePositions

- AdditionCoefficient  = 0.5;                              

- MaxPositions            = 4;     

 -   Maximum Account Positions      = 12;                                       

- Entry Period           = 55;                               

- ExitPeriod              = 20;                             

- isATRTrailingStop      = true;                           

- AtrMultiplier            = 2;     


MT5 signal show: https://www.mql5.com/zh/signals/2142506?source=Site+Signals+My

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