Pricewerk Turtle Soup EA
- Experts
- Phillipp Bertram
- Versione: 1.0
- Attivazioni: 10
Pricewerk Turtle Soup EA
Pricewerk Turtle Soup EA is a rule-based MetaTrader 5 Expert Advisor designed to trade one of the most powerful reversal concepts in technical trading: the Turtle Soup setup.
Instead of chasing classic breakouts, the EA focuses on:
- false breakouts
- liquidity sweeps
- reclaim situations
The logic is simple but highly practical:
Price sweeps a relevant high or low, collects liquidity, returns back into the previous structure and only then a structured trade setup becomes valid.
This EA is built for traders who prefer:
- clear rules
- controlled risk
- systematic execution
instead of emotional decision-making.
How the strategy works
Many traders enter when price breaks above highs or below lows. However, these levels are often used to trigger stop-losses and trap late breakout traders. The Turtle Soup logic identifies exactly these situations.
The EA looks for:
- relevant swing highs and lows
- liquidity sweeps above highs or below lows
- rejection after the sweep
- reclaim back into the prior range
- valid entry, stop-loss and take-profit conditions
- optional filters: session, spread, volatility and trend
A pure breakout is not traded. The EA waits for confirmation of a failed breakout.
Core trading logic
- Identify a relevant liquidity level
- Wait for price to sweep that level
- Confirm return into previous structure
- Calculate entry, stop loss and take profit
- Apply filters: risk, spread, session and other conditions
- Execute and manage the trade
Key features
Automated Turtle Soup logic
The EA detects sweep-and-reclaim setups based on clear rules.
Long and short setups
Bullish sweeps below lows and bearish sweeps above highs are supported.
Flexible reference levels
Pivot highs/lows, highest/lowest levels, previous day, previous week or session-based levels.
Multiple entry models
Market entry after reclaim, limit entry at the swept level, breakout of the reclaim candle or retest entry.
Professional stop-loss models
Stops can be placed beyond the sweep extreme, behind the last swing, behind the reference level, by ATR or by fixed points.
Flexible take-profit logic
Targets can be calculated by fixed risk-reward ratio, liquidity targets, previous day/week levels, ATR or hybrid logic.
Risk-based position sizing
Use percent risk, fixed money risk or fixed lot size.
Advanced trade management
Partial closes: TP1, TP2 and TP3, break-even logic and multiple trailing stop modes: ATR, swing-based, R-based and candle-by-candle.
Session and market filters
Control trading activity using session filters, weekday filters, spread filters and volatility filters.
Prop-firm-aware safety controls
Maximum trades, daily loss limits, weekly loss limits, stop-after-loss logic, session-end handling, day-end closing and pending-order invalidation.
Clean chart visualization
Displays reference levels, setup areas, entry, stop loss, take profit and status information directly on the chart.
Best suited for
- XAUUSD / Gold
- Major forex pairs
- Nasdaq
- DAX
- Dow Jones
- S&P 500
- Other liquid CFD and FX markets
The EA is especially useful on intraday timeframes such as M5, M15, M30 and H1. Settings should always be tested and adapted to the selected symbol, broker conditions and trading session.
Who this EA is for
Pricewerk Turtle Soup EA is designed for traders who want:
- a structured false-breakout strategy
- less emotional execution
- clear entry and invalidation logic
- risk-controlled automation
- systematic backtesting
- disciplined trade management
This EA is not designed for traders looking for martingale systems, grid recovery or unrealistic profit promises.
Recommended workflow
Before live trading, test the EA carefully in the MetaTrader 5 Strategy Tester.
- Use realistic spread, slippage and commission assumptions
- Compare several symbols and timeframes
- Evaluate profit factor, drawdown, trade count, yearly stability and out-of-sample behavior
For live usage, start with conservative risk and monitor broker execution, spread behavior and session quality.
Why Pricewerk Turtle Soup EA stands out
Most breakout systems try to enter when the market breaks a level. Turtle Soup does the opposite. It waits for the breakout to fail and then looks for the reversal. This creates a more selective trading logic focused on liquidity, rejection and structure.
Pricewerk Turtle Soup EA is built around one principle:
Rules over emotions. Structure over noise. Risk control over hype.
Risk notice
- Trading involves risk.
- Backtests, historical performance and optimized settings do not guarantee future results.
- Every user is responsible for testing the EA, choosing suitable markets, configuring risk settings and verifying that the strategy matches their broker, account type and trading objectives.
