New article The 'Turtle Soup' trading system and its 'Turtle Soup Plus One' modification has been published:
The article features formalized rules of two trading strategies 'Turtle Soup' and 'Turtle Soup Plus One' from Street Smarts: High Probability Short-Term Trading Strategies by Linda Bradford Raschke and Laurence A. Connors. The strategies described in the book are quite popular. But it is important to understand that the authors have developed them based on the 15...20 year old market behavior.
A complete set of Buy trade entry rules in the "Turtle Soup" TS can be formulated as follows:
Sell trade rules are similar, they should be applied at the upper border of the range, i.e. based on the 20-day high.
Author: Alexander Puzanov
Good Article , Thank for share..