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Re: [EquisMetaStock Group] Turtle Trading Rules



PureBytes Links

Trading Reference Links

Dieter, do you know the trading history of this system
?

I have read a lot the last few years. I would be
cautious. Very!

AlexAtreides
--- wemmer2001 <dieter@xxxxxxxxxxxxx> wrote:

> 
> 
> Hi
> Could anyone please offer advice w.r.t. Metastock
> Code for the Turtle 
> Trading System. (The complete system rules can be
> downloaded from 
> www.originalturtles.org/docs/turtlerules.pdf)
> Briefly, one system included in the rules is as
> follows:
> 
> Enter on 55 day breakout, exiting on a 20 day
> breakout in the 
> opposite direction (if entered long then exit on 20
> day short 
> breakout).
> 
> Stops : Stop is set at 2N. 
> N = ((ATR(19) + last days ATR)/ 20 
> {Basically 2 X 20 period Exponential Average True
> Ranges}
> 
> Pyramiding: A maximum of 4 extra units are added
> when in the position 
> moves in your favour in the following manner: For
> each 1/2 N move 
> after initial entry, add 1 unit. All existing stops
> are then moved to 
> the same position as the most recent unit's stop,
> whereafter they 
> remain fixed and do not form trailinng stops.
> 
> Regards
> 
> Dieter
> 
> 
> 
> 
> 
> 
> 
> 
> 



		
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