trading account. The exit strategy using System One is as follows: Close long positions if/when the price touches 10-day low. The Turtle Trading EA is a MetaTrader 4 that implements the original Dennis Richards and Bill Eckhart trading system, commonly known as The Turtle Trader. If the Turtles skipped a System One 20-day breakout and the market kept trending, they could and would get back cryptomonnaie fiscalité in at the System Two (S2) 55-day breakout. You can set your own stop-loss using this group of parameters. The entry strategy using System One is as follows: Buy a 20-day breakouts if last S1 signal was a loss; Short a 20-day breakouts if last S1 signal was a loss. This fail-safe System Two breakout was how the Turtles kept from missing big trends that were filtered out. Stops: place stops at 1 of account equity. External variables extern int Risk 1; / 2 of available capital / Global variables double Lots 1; double TakeProfit 100000; double MinimumStopLoss 1000; double MagicNumber ; * Calculate the stop loss based on the account size, risk appetite and lot size double calculateStopLoss return. Some of the original turtles went on to keep trading under their own accounts and were incredibly successful. Forex Peace Army, ForexPeaceArmy, FPA, and the FPA Shield Logo are all trademarks of the Forex Peace Army.
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This Expert Advisor depends on our free Classic Turtle Trading MetaTrader 4 Indicator. Its an incredible story about one of the most legendary experiments in financial markets ever, and I highly recommend everyone to get and read this book. I can help with the development! #property copyright "Smart Forex Learning" #property link "m" #property description "EA for the original system 2 turtle strategy" * Note: This can best be traded on the D1 time frame * * All of the code below and the functionality of this EA is purely. This group of parameters allows you to disable or customise this behavior. Sell when the price goes by a single tick below the low of the previous 55 days. They could pyramid a maximum of 4 trades separated from each other by 1/2 volatility unit. When he started out his plans to teach a group of 23 people to become great traders, many were sceptical though.
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