Turtle Trading with 200 EMA Channel

 Turtle Trading with 200 EMA Channel strategy is an adaptable trading system that can be applied to trending markets but works badly in choppy markets.

The strategy is for swing trading.The Turtle Trading Channel indicator is added to the main chart window and generates buy and sell trading signals filtered by a channel of 200 periods of exponential moving averages.

Setup Strategy

Trading View platform.

Time Frame time Frame 2H or higher

currency pairs: only high volatility pairs (GBPNZD, GBPAUD, GBPCAD), Nasdaq 100. Crude Oil.

Indicators

TUTCI indicator Trading View composed by two Donchian Channel of periods 10 and 20. The indicator generates buy and sell signals.

Exponential moving average 200 periods high.

Exponential moving average 200 period low.

See video also for search indicators in tradingView public library.

Trading rules Turtle Trading with 200 EMA Channel

Trades only in the direction of the trend.

The trend is up when the price is above the 200 EMA channel.

The trend is down when the trend is below the 200 EMA channel.

Buy

 (Long Entry) Signal of TUTCI

Exit position with fast profit target or at exit long.

Sell

(Short Entry) signal of TUTCI

Exit position with fast profit target or at exit short.