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Turtle trader ea
 Post subject: Turtle trader ea Post rating: 0   New post Posted: Thu 09 Aug, 2012, 10:32 

User rating: 0
Joined: Thu 09 Aug, 2012, 10:19
Posts: 1
Hi Support
is it possible, (or does one exist) to create an ea based on the turtle trading rules
Enter long when price crosses above the 20-Day upper Donchian Channel and exit when price penetrates a 10-Day lower Donchian Channel.
• Enter short when price crosses below the 20-Day upper Donchian Channel and exit when price penetrates a 10-Day upper Donchian Channel.
• Use the 25-Day/350-Day exponential moving average as a trend filter. Go long only if the 25-Day EMA is above the 350-Day exponential moving average and go short only where below the 350-Day EMA.

With the following hedging facility added
Open an opposing trade when price reaches the opposite 5 day donchian channel
Open another trade when the price reaches the 10 day donchian channel and close the original trade
This way you are always in a trade

Thank you
pvrtrade


 

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