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Turtle Breakout EA

34 USD

Demo downloaded: 123

Published: 10 April 2023

Current version: 2.4

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Overview
Reviews (11)
Comments (29)
What's new

Turtle Breakout EA

Experts
Munkh Od Jargalsaikhan
Version: 2.4
Updated: 18 January 2024
Activations: 5

The profitable Breakout Trading Strategy "Turtle" is a trading strategy that enters into a position when long period highs or lows are broken and exits the position when short period highs or lows are broken. This strategy aims to capitalize on significant price movements that break through established support or resistance levels. The long period highs and lows serve as a signal for a potential breakout, while the short period highs and lows serve as a signal to exit the position before the momentum fades. This strategy can be applied to any financial market and can be used to trade both long and short positions.

The strategy utilizes stop orders to avoid fake breakouts and to manage risk. Additionally, there is a choice of fixed or percentage position sizing to optimize risk management.

Works with many symbols, such as forex, indices, gold, oil, gas, and others.

PLEASE RATE! Thank you very much!

IMPORTANT SETTINGS:

entry period - at the highest/lowest of how many candlesticks to make an stop order to enter a position (which means it doesn't immediately enter the position at the market price, but places at the highest high/lowest low a stop order for additional confirmation)

exit period - at the highest/lowest of how many candlesticks to exit a position

how long to keep orders active for, in mins - duration of the stop order (ex: for buy positions, if new highest high is established, the EA places a buy stop order at the highest high for the duration (in minutes) specified in this setting.

FEATURES:

- Real Strategy

- No bullshit indicators

- Choice of Long-only, short-only, or both

- M5 to Weekly

- Percentage based position sizing

- NO grid or martingale position sizing

Version 2.0 added features:

- moving average filter (ex: allow buy signal if the price is over the simple moving average and vice versa)

- stoploss as percentage of the price

- trailing stoploss that activates once the price is above the breakeven price

- option of trading in a direction if the previous trade in the same direction wasn't a loss

Cheers!

Happy Trading!

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Outside day trading strategy looks for a specific pattern in the price chart of a security. The pattern is characterized by a larger range than the previous day, with the high of the day higher than the previous day's high and the low of the day lower than the previous day's low. Works with many symbols, such as BTCUSD, GBPUSD,USDCAD, oil, gas, and others. PLEASE RATE! Thank you very much! FEATURES: - Real Strategy - Daily Bar Strategy - Exit the trade if the day was profitable - ATR multiple s

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This Rocket Breakout Strategy for NASDAQ index is a trading strategy that focuses on breakouts from a range based on previous days, using a volatility filter to identify pre-breakout situations and a trend filter. This strategy employs a stop loss and profit target approach to manage risk, with higher profit targets for long entries and lower for short entries. The strategy also includes an end-of-week exit to avoid exposure to weekend news events. Percentage-based position sizing is used for

49 USD

The 'Shuriken' breakout strategy is not only simple but also highly effective! It enters a position based on the previous day's high or low when the market is uncertain, in anticipation of a breakout in one direction. One of the key features of Shuriken is its dollar-based stop loss and profit target, rather than relying on pips. This approach ensures a more confident and decisive trading experience, allowing traders to take control of their trades and maximize their profits! This strategy can

49 USD

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