StockFetcher Forums · Filter Exchange · REVERSE TURTLE<< >>Post Follow-up
SAFeTRADE
644 posts
msg #51353
Ignore SAFeTRADE
4/27/2007 10:19:22 AM

STOCK
Fetcher[
MACD fast line(12,26) crossed above MACD slow line(12,26) within the last 1 day
set{2atr, atr(20) * 2}
set{tstop, high 55 day high - 2atr}
set{20low, count(low reached a new 20 day low in the last 1 day,1)}

tstop > close
ma(50) > ma(300)
volume > 500000
close > 15

set{tstopline, count(tstop > close,1)}
set{macdline, count(MACD fast line(12,26) crossed above MACD slow line(12,26) within the last 1 day,1)}
set{drvs, high 52 week high / low 52 week low}
set{exit, count(close reached a new 55 day high,1)}

add column drvs

draw exit on plot macdline
draw tstopline on plot macdline
draw 20low
do not draw tstop


/* stop is 2 average trade ranges away from buy point */

set{stop, atr(20) * 2}
set{buystop, close - stop}
set{check, high 55 day high - stop}
set{trigger, count(close < check,1)}
set{ris, stop / close}
set{risk%, ris * 100}
set{equity, 60. / ris}
set{shareqty, equity / close}
/* draw trigger on plot 55high */

/* the end */

add column separator
add column buystop
add column risk%
add column equity
add column shareqty
add column separator

/* Exit is either a new 55 day high or when Macd histogram has decreased for 2 days */
/* look for a "20 day low signal" before entry. */
]



SAFeTRADE
644 posts
msg #51354
Ignore SAFeTRADE
4/27/2007 10:31:23 AM

Another thought about exiting is switch to the Turtle Trader screen and ride the thing until the exit signal is tripped on it! That is for longer term trades!

oldfox
16 posts
msg #90718
Ignore oldfox
4/2/2010 5:54:53 PM

Here I come two years later:

I don't know the Turtle Rules. How would you play this filter? Is it correct to simply go long when it appears, or is there another trigger to watch for?

Thanks for sharing this screen with us.

Terry

chetron
2,817 posts
msg #90720
Ignore chetron
4/2/2010 6:13:35 PM

1ST YOU NEED TO GET THE TIME LINE RIGHT, IT HAS BEEN 3 YEARS. = )

HTH


chetron
2,817 posts
msg #90912
Ignore chetron
modified
4/8/2010 7:02:47 AM

this is a shorts version. the other turtle thread is for longs.......


chetron
2,817 posts
msg #90922
Ignore chetron
4/8/2010 10:57:41 AM

REVERSE OF THE REVERSE???????????

Fetcher[

/* FOR LONGS USING THE MACD TURTLE */
MACD fast line(12,26) crossed BELOW MACD slow line(12,26) within the last 1 day
set{2atr, atr(20) * 2}
set{tstop, LOW 55 day LOW + 2atr}
set{20HI, count(HIGH reached a new 20 day HIGH in the last 1 day,1)}

tstop < close
ma(50) < ma(300)
volume > 500000
close > 15

set{tstopline, count(tstop < close,1)}
set{macdline, count(MACD fast line(12,26) crossed BELOW MACD slow line(12,26) within the last 1 day,1)}
set{drvs, high 52 week high / low 52 week low}
set{exit, count(close reached a new 55 day LOW,1)}

add column drvs

draw exit on plot macdline
draw tstopline on plot macdline
draw 20HI
do not draw tstop


/* stop is 2 average trade ranges away from buy point */

set{stop, atr(20) * 2}
set{buystop, close - stop}
set{check, LOW 55 day LOW - stop}
set{trigger, count(close > check,1)}
set{ris, stop / close}
set{risk%, ris * 100}
set{equity, 60. / ris}
set{shareqty, equity / close}
/* draw trigger on plot 55high */

/* the end */

add column separator
add column buystop
add column risk%
add column equity
add column shareqty
add column separator

/* Exit is either a new 55 day LOW or when Macd histogram has INCREASED for 2 days */
/* look for a 20 day HIGH signal before entry. */

]



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