This strategy fully implements the original Turtle Trading long entry rules with built-in ATR-based risk management on ES1! daily. It goes long when either:
- System 1 Entry: Price breaks above the 20-day high.
- System 2 Entry: Price breaks above the 55-day high.
Trades are closed when any of the following exit conditions are met:
- ATR stop loss is triggered.
- Price breaks below the 10-day low (System 1 exit).
- Price breaks below the 20-day low (System 2 exit).
To preserve trade integrity, System 1 and System 2 signals remain independent. Once a System 2 trade is entered, only a System 2 exit or ATR stop will close it, and the same applies for System 1 trades.
This setup allows you to backtest, optimize, and fine-tune the Turtle rules directly in TrendSpider without extra coding, giving you an authentic view of how the system would have performed historically.
Entry Conditions
Any of the following: # X-ray
All of the following: # System 1 Entry
D Turtle Trading Strategy (Long-Only) (yes, yes, yes, yes, 2), System 1 Entry Signal emerged
All of the following: # System 2 Entry
D Turtle Trading Strategy (Long-Only) (yes, yes, yes, yes, 2), System 2 Entry Signal emerged
Exit Conditions
Any of the following: # Tango
All of the following: # ATR Stop Hit
D Turtle Trading Strategy (Long-Only) (yes, yes, yes, yes, 2), ATR Stop Exit Signal emerged
All of the following: # System 1 Exit
D Turtle Trading Strategy (Long-Only) (yes, yes, yes, yes, 2), System 1 Exit Signal emerged
All of the following: # System 2 Exit
D Turtle Trading Strategy (Long-Only) (yes, yes, yes, yes, 2), System 2 Exit Signal emerged