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Turtle Breakout EA

The profitable Breakout Trading Strategy "Turtle" is a trading strategy that enters into a position when long period highs or lows are broken and exits the position when short period highs or lows are broken. This strategy aims to capitalize on significant price movements that break through established support or resistance levels. The long period highs and lows serve as a signal for a potential breakout, while the short period highs and lows serve as a signal to exit the position before the momentum fades. This strategy can be applied to any financial market and can be used to trade both long and short positions.

The strategy utilizes stop orders to avoid fake breakouts and to manage risk. Additionally, there is a choice of fixed or percentage position sizing to optimize risk management.

Works with many symbols, such as forex, indices, gold, oil, gas, and others.

PLEASE RATE! Thank you very much!

IMPORTANT SETTINGS:

entry period - at the highest/lowest of how many candlesticks to make an stop order to enter a position (which means it doesn't immediately enter the position at the market price, but places at the highest high/lowest low a stop order for additional confirmation)

exit period - at the highest/lowest of how many candlesticks to exit a position

how long to keep orders active for, in mins - duration of the stop order (ex: for buy positions, if new highest high is established, the EA places a buy stop order at the highest high for the duration (in minutes) specified in this setting.


FEATURES:

- Real Strategy

- No bullshit indicators

- Choice of Long-only, short-only, or both

- M5 to Weekly

- Percentage based position sizing

- NO grid or martingale position sizing

Version 2.0 added features:

- moving average filter (ex: allow buy signal if the price is over the simple moving average and vice versa)

- stoploss as percentage of the price

- trailing stoploss that activates once the price is above the breakeven price

- option of trading in a direction if the previous trade in the same direction wasn't a loss


Cheers!

Happy Trading!


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Stanislav Tomilov
4.29 (28)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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Michael Prescott Burney
4 (10)
Golden Taipan FX: The Elite Trading System for XAUUSD H1 Overview: Golden Taipan FX is a cutting-edge trading system engineered specifically for XAUUSD on the H1 timeframe. With over 200 precisely crafted strategies, this system is designed for speed and efficiency, delivering consistent, high-quality trades that maximize profitability. With an impressive win rate exceeding 90%, Golden Taipan FX is your go-to solution for reliable and substantial returns in the gold market. Key Features: High W
Boring Pips MT5
Thi Thu Ha Hoang
4.71 (28)
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
Slap all news
Inrexea Limited
5 (1)
Please do not pm me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) Signal Monitor: SAN Key Currency Pairs: EURUSD CADCHF NZDJPY GBPAUD XAUUSD These pairs, along with their main related pairs, form the core of our trading strategy, offering a broad spectrum of opportunities across major markets. Product Highlights: Advanced Inrexea Database Integration: Seamlessly connects with our Inrexea
Oracle MT5
Stanislav Tomilov
5 (13)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
SFE Impulse
Joel Juanpere
5 (1)
This expert advisors search for perfect impulse setups. 2 Units left at 1200 USD. Next price 1500 USD Offer 900 USD until monday 26 August The approach is use a very few but high effectives rules / filters and an effective management of the opened position. Signal https://www.mql5.com/es/signals/2049326 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used with the
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Marzena Maria Szmit
4.47 (59)
Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
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Rocket Breakout EA
Munkh Od Jargalsaikhan
5 (1)
This  Rocket Breakout Strategy for NASDAQ index is a trading strategy that focuses on breakouts from a range based on previous days, using a volatility filter to identify pre-breakout situations and a trend filter. This strategy employs a stop loss and profit target approach to manage risk, with higher profit targets for long entries and lower for short entries. The strategy also includes an end-of-week exit to avoid exposure to weekend news events. Percentage-based position sizing is used for
Outside Day Reversal EA
Munkh Od Jargalsaikhan
Outside day trading strategy looks for a specific pattern in the price chart of a security. The pattern is characterized by a larger range than the previous day, with the high of the day higher than the previous day's high and the low of the day lower than the previous day's low. Works with many symbols, such as BTCUSD, GBPUSD,USDCAD, oil, gas, and others. PLEASE RATE! Thank you very much! FEATURES: - Real Strategy - Daily Bar Strategy - Exit the trade if the day was profitable - ATR multip
FREE
Katana Breakout
Munkh Od Jargalsaikhan
The volatility breakout strategy "Katana" is a minimalist and highly profitable intraday trading strategy on Japanese yen pairs, especially USDJPY that uses the daily range and midpoint of the current trading day to calculate potential breakout points on hourly data (H1). It incorporates a stop-loss and specifies exit points at a certain time of day. The strategy uses the previous day's candlestick pattern to identify high probability breakout days. By utilizing the daily range and midpoint of
Shiruken Swing
Munkh Od Jargalsaikhan
The 'Shuriken' breakout strategy is not only simple but also highly effective! It enters a position based on the previous day's high or low when the market is uncertain, in anticipation of a breakout in one direction.  One of the key features of Shuriken is its dollar-based stop loss and profit target, rather than relying on pips. This approach ensures a more confident and decisive trading experience, allowing traders to take control of their trades and maximize their profits! This strategy can
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Seth Tetteh
1364
Seth Tetteh 2024.04.25 11:57 
 

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Michael GS
61
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Vítor Barrocas
180
Vítor Barrocas 2024.03.02 13:21 
 

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KathErine Jong
62
KathErine Jong 2024.02.09 07:59 
 

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Ruslan Oliynyk
42
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Guo Chen
185
Guo Chen 2024.01.19 03:22 
 

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cchong
70
cchong 2023.12.14 13:27 
 

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Diego Ramos Gabriel De Oliveira
150
Diego Ramos Gabriel De Oliveira 2023.12.05 19:28 
 

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Andiray
435
Andiray 2023.10.13 13:26 
 

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Rispondi alla recensione
Versione 2.4 2024.01.18
Added: Comment parameter
Versione 2.3 2023.10.09
Added:

TIMEFRAME parameter
Versione 2.2 2023.10.06
Added:
Magic Number Parameter
Versione 2.1 2023.04.22
Trailing stop loss is fixed.
Versione 2.0 2023.04.19
Added:
- moving average filter (ex: allow buy signal if the price is over the simple moving average and vice versa)
- stoploss as percentage of the price
- trailing stoploss that activates once the price is above the breakeven price
- option of trading in a direction if the previous trade in the same direction wasn't a loss