CTC Turtle Official V3
In CTC(www.ctc.in.th), we believe trading strategy should be simple but effective. That is why we love turtle so much. For more information about turtle strategy, please read www.metastocktools.c...ads/turtlerules.pdf.
This strategy follows most rules in the original turtle with some enhancements. we added a trend filter to filter noise for lower time frame.
Trading view strategy can be repainted, the real world result will be never the same as the back test result. to prevent this and achieve most accurate result, we use open rather than close in calculation.
This strategy works best with established crypto currencies, for example, ETH, NEO. as they are most likely to have a healthy trend. Avoid using this strategy on low quality crypto currencies with no volume support.
So far we have found this strategies works best with ETH, NEO, XRP, XLM etc.
For small time frame like 1H, it is recommended to turn on the trend filter to avoid noice. For large time frame like 1D, turn it off for better result.
Don't use it on time frame less than 1H, it does not work.
This strategy follows most rules in the original turtle with some enhancements. we added a trend filter to filter noise for lower time frame.
Trading view strategy can be repainted, the real world result will be never the same as the back test result. to prevent this and achieve most accurate result, we use open rather than close in calculation.
This strategy works best with established crypto currencies, for example, ETH, NEO. as they are most likely to have a healthy trend. Avoid using this strategy on low quality crypto currencies with no volume support.
So far we have found this strategies works best with ETH, NEO, XRP, XLM etc.
For small time frame like 1H, it is recommended to turn on the trend filter to avoid noice. For large time frame like 1D, turn it off for better result.
Don't use it on time frame less than 1H, it does not work.
Versionshinweise:
This is enhancement to the original CTC turtle pine script. there are two modes for order size, trade percent vs risk percent. you can try each of them by turning use trade percent as risk percent on and off, to see different result. We also add the back test date range. It is good for comparing performance across different time frame.
Versionshinweise:
Previous release may use more capital than what is available, and pyramid limit in trading view seems does not work properly, which may cause massive profit in some cases. This release try to overcome these pine script limitations.