The turtle trading channel and filter forex trading strategy




Customer reviews
belosnegka8352
I do not like, again
me4ta
I am sure that you were misled.
tim
Men suffering from depression are more likely to be given custodial sentences than women.
vovusha
Yeah, in my opinion, this is written on every fence :)
DONTstopDJ
Where here against authority
sprait
I apologize, but, in my opinion, there is another way to solve the issue.
plastilina-narod-ru
Your idea is very good
Lesiya
Suggest the subject.
zverek
You are wrong. Let's discuss it. Write to me in PM, we get started.
Tigress
I would like to continue ... Subscribe to feed :)

The turtle trading channel and filter forex trading strategyThe Turtle Trading Channel and Filter Forex Trading strategy

The Turtle Trading Channel

Place a buy entry when the “The TurtleTrading Channel” forms its lines (a blue thick line and a deviating black dotted line) below the candlestick and the filter indicator forms blue bars. This is an assumption of a LONG entry and as such a BUY position is advised.

Place your stop loss below the “The TurtleTrading Channel” of the entry candle.

Exit Strategy:

The recommended exit strategy for this trading strategy is to exit when the “The TurtleTrading Channel” forms lines (a red thick line and a deviating black dotted line) above the candles. This is an indication for an exit.

The Turtle Trading Channel and Filter Forex Trading strategy Buy Signal

The chart above depicts the condition for a buy entry, with the filter indicator forming blue bars (signifying a buy entry), while the “The TurtleTrading Channel” forms its line below the candlesticks. The exit criterion for this trading strategy is the formation of the “The TurtleTrading Channel” on the reverse i. e. above the candlesticks.

Enter a SHORT position when the “The TurtleTrading Channel” forms its lines (a red thick line and a deviating black dotted line) above the candlestick and the filter indicator forms corresponding red bars. This is a SHORT entry condition and as such a SELL is advised.

Place your stop loss above the “The TurtleTrading Channel” of the entry candle.

Exit Strategy:

The recommended exit strategy for this trading strategy is to exit when the “The TurtleTrading Channel” forms lines to the reverse (a blue thick line and a deviating black dotted line) below the candles. This is an indication for an exit.