Turtle Traders Long Daily Strategy

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This strategy was developed on AVGO using a daily timeframe and is modeled after the classic Turtle Trading system, designed to capture major trend breakouts. It enters a long position when price breaks above the 20-day or 55-day Donchian Channel high, signaling strong upward momentum.

The trade exits when price closes below either the 10-day or 20-day low, helping to lock in gains while protecting against downside risk. This strategy aims to catch sustained uptrends, leveraging price-based levels to manage exits.

Entry Conditions

Any of the following: # Turtle Traders Long
  All of the following:
      D Chart Break Through D Donchian Channels (20, 0), Up (1 candles ago)
      D Chart(open) < D Donchian Channels (20, 0), Up (1 candles ago)
  All of the following:
      D Chart Break Through D Donchian Channels (55, 0), Up (1 candles ago)
      D Chart(open) < D Donchian Channels (55, 0), Up (1 candles ago)

Exit Conditions

Any of the following: # "Golf"
  D Chart(low) < D Range (10, 0), Low (1 candles ago)
  D Chart(low) < D Range (20, 0), Low (1 candles ago)

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Turtle Traders Long Daily Strategy

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