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Attachments: The Small Turtle System (Donchian Trend +MACD)
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The Small Turtle System (Donchian Trend +MACD)

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  • Post #1
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  • First Post: Edited Aug 7, 2022 11:27am Aug 1, 2022 10:22am | Edited Aug 7, 2022 11:27am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
firsty i want to thank all members helping new traders in this site
if you want to be consistent profitable trader be here this thread will be more than strategy i will try to target all points to make traders in the right road
firstly there are many important points every trader must know
1- success formula in trading consist of (emotional control - money mangment -trading system)
85%of traders focus on the trading strategy only so they never be consistent
2- the exit is more important than entry
3- cut losses quikly and let profits run ( the golden rule in trading)
4- no risk more than 1% in every setup and no more than 20 setups montly
5- the filter this is very important point we dont take all setups only a+ setups
6- this point was very help full for me trading high time frames (1 hours- 4 hours - daily -
weekly time frames only)
7- support -resistance -trendlines - chart pattern -price action are more importnat in long time frames than small
8- this system contain (donchian channel - macd- -APB candles)
this system win rate
around 50% for begginers and 65% for experienced tradrers
do not listen to traders how say his win rate around 80 or 90 % they are dreamers
there is only one guarantee in trading
you will lose 1 out of 3 times
and how you respond to those losses that what determine if you will be consistent profitable or no
how to determine the strategy is good or no
good strategies must dtermine 3 points
1- entry
2- exit(big wiiners and small winners)
3-market condition
indicators
1- donchion channel for determing trend
2- macd(5-7-4) momentum
3- APB candles to avoid side way markets when this candles are small and with wick
we take only trades in the same direction of donchion channel trend
the entry according to macd cross lines
if buy setups we take blue line cross red under zero level that is more connsertive
ie sell setups we take blue line cross red above zero level that is more connsertive
more experienced traders can determine market condition can take all MACD line crosses but in the same direction of dochion trend
learning examples
for beginners who cant determine market condition
only take set ups that broken macd zero levels in the same direction of turtle trend
put must be in the first or second APB candle color change tn the same direction of setup
to catch momentum and help you avoid sideways market
learning example
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  • Post #2
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  • Aug 1, 2022 10:30am Aug 1, 2022 10:30am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
the exits are very important
our exit
1-if Price hit stop loss that i put above or below one or two candles high or low setup candle
2- our profit according to market condition better wait for ap candle color change
the market 20% of the time give you chance to ride big trending setups be patience dont go out quickly
 
 
  • Post #3
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  • Aug 1, 2022 10:32am Aug 1, 2022 10:32am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
please do not trade this system under 1 hour chart
i trade 4hours -daily -weekly time frames
 
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  • Post #4
  • Quote
  • Aug 1, 2022 10:42am Aug 1, 2022 10:42am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
IF ANY ONE CAN ACHIEVE 60% WIN RATE AND WINNERS BIGGER THAN LOSSERS THAT IS GREAT
IF ANY ONE CAN ACHIEVE 50% WIN RATE AND WINNERS BIGGER THAN LOSSERS THAT IS GREAT
I KNOW THAT THERE ARE TRADERS MAKE 80% WIN RATE BUT LOSSERS BIGGER THAN WINNERS AND SOME OF THEM CAN MAKE MONEY BUT IT IS VERY DIFFICULT
NEW TRADERS WHEN ONE TELL THEM THAT HE MADE 85% OR 90% WIN RATE THEY HOPE TO LEARN THIS METHOD
THERE ARE MANY TRADERS THAT HAVE WIN RATE AROUND 90% AND STILL LOSER BECAUSE LOSSERS ARE VERY BIG AND WHEN THEY GET TWO OR THREE LOSSES IN ROW THEY FIGHT
THE MARKET AND THE MARKET MAY BE GIVE THEM CHANCE TO RETURN THERE MONEY THIS WAY
BUT REMEBER THE MARKET WILL TAKE YOUR ALL MONEY IN THE NEXT TIMES IF YOU FIGHT HIM SO WHEN THE MARKET TAKE BRIBE FROM YOU 3 OR 4 TIMES DONT BE SAD BECAUSE HE KNOW EVERY THING BE HAPPY AND HE WILL GAVE YOU BIG PROFITS FOR YOUR RESPECT REMENBER DONT FIGHT HIM HE MORE STRONGER THAN YOU AND THE MARKET NEVER TAKE ONLY 10%OF THE TIME AND GIVE YOU 90% I DONT THINK THAT
NEW TRADERS FIGHT THE MARKET TO MAKE 90% OR 85% WIN RATE SO THEY STILL LOSERS
WHEN LOSS BE HAPPY THAT YOU GIVE THE MARKET BRIBE BUT LET IT SMALL HE DONT UNDERSTAND THIS POINT

THIS SYSTEM WIN RATE AROUD 65% AND WE RISK 1% TO MAKE 2 OR 3 OR 4 % ACCORDING TO MARKET CONDITION
 
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  • Post #5
  • Quote
  • Aug 1, 2022 11:08am Aug 1, 2022 11:08am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
learning chart
two sell setup
when blue crosse red above zero level of macd that more consertive

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  • Post #6
  • Quote
  • Aug 1, 2022 11:15am Aug 1, 2022 11:15am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
learning chart
two trades
one win and one lose
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if your win rate around 50% only you will make money because winner more bigger than losers
in the example of this loser setup i will go out before hitting st because the ap candle color change so if you risk 1% you may losse in this trade 0.5%
and this winner may give you around 2 % gain
 
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  • Post #7
  • Quote
  • Aug 1, 2022 11:30am Aug 1, 2022 11:30am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
Learning chart
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  • Post #8
  • Quote
  • Aug 1, 2022 11:37am Aug 1, 2022 11:37am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
learning chart
1 hour
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4 winners one loser
 
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  • Post #9
  • Quote
  • Aug 1, 2022 11:46am Aug 1, 2022 11:46am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
Learing chart
xauusd
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  • Post #10
  • Quote
  • Aug 1, 2022 12:28pm Aug 1, 2022 12:28pm
  •  Guderian
  • | New Member | Status: Junior Member | 12 Posts
Hi Ali , thanks for your system, very interesting.
The ones that you call AP candles, are they the Synergy APB candles , by Synergy system ? I don't know your version of the Donchian indicator, can you post it?
Thank you
 
1
  • Post #11
  • Quote
  • Aug 1, 2022 12:51pm Aug 1, 2022 12:51pm
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
Quoting Guderian
Disliked
Hi Ali , thanks for your system, very interesting. The ones that you call AP candles, are they the Synergy APB candles , by Synergy system ? I don't know your version of the Donchian indicator, can you post it? Thank you
Ignored
Yes synergy APB candles
I will put the indicators and template
 
1
  • Post #12
  • Quote
  • Aug 1, 2022 2:15pm Aug 1, 2022 2:15pm
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
TEMPLATE AND INDICATORS
THE TURTLE TRADIND CHANNEL IS ON AND OFF BUTTON INDICATOR
Attached File
File Type: tpl small turtle.tpl   10 KB | 432 downloads
Attached File
File Type: ex4 MACD-2Line.ex4   20 KB | 456 downloads
Attached File
File Type: ex4 Matrix FxTraderPro Trend or Range.ex4   16 KB | 466 downloads
Attached File
File Type: ex4 Synergy_APB.ex4   4 KB | 425 downloads
Attached File
File Type: ex4 TheTurtleTradingChannel v2 BT.ex4   27 KB | 497 downloads
 
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  • Post #13
  • Quote
  • Aug 1, 2022 4:37pm Aug 1, 2022 4:37pm
  •  Guderian
  • | New Member | Status: Junior Member | 12 Posts
Quoting Alihelmy123
Disliked
TEMPLATE AND INDICATORS THE TURTLE TRADIND CHANNEL IS ON AND OFF BUTTON INDICATOR {file}{file}{file}{file}{file}
Ignored
Thank you for indicators and tpl.

How do you use the Adx indicator in your system?
 
1
  • Post #14
  • Quote
  • Aug 1, 2022 5:11pm Aug 1, 2022 5:11pm
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
Quoting Guderian
Disliked
{quote} Thank you for indicators and tpl. How do you use the Adx indicator in your system?
Ignored
Adx help in determining if market is sideways or trending
If you trade 4 hours and adx reading in 1hour and 4hour and daily are big and in your direction that is more confirmation
But you can focus on macd and turtle trend and ApB candles only
If i put 10 indicators there will be losses
Losses are part of the game and you must learn how to deal with them
Any one his win rate in this system 50% or 60% he will make money long run because
Winners are bigger than losses and there some winners give you 4R and 5R
So you must catch this big winners
And never risk more than 1% in each trade you may take 5 or 6 losses in row by this way you will control risk and be winner in long term
 
 
  • Post #15
  • Quote
  • Aug 1, 2022 8:18pm Aug 1, 2022 8:18pm
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
Quoting Guderian
Disliked
{quote} Thank you for indicators and tpl. How do you use the Adx indicator in your system?
Ignored
i took this trade yesterday it was in 1 hour time frame
look to adx in 30 minutes and 1 hour and 4hour
it give red color with reading above 20
this example to explain matrix adx indicator
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  • Post #16
  • Quote
  • Aug 2, 2022 6:27am Aug 2, 2022 6:27am
  •  jpntrader
  • | Joined Jun 2020 | Status: Member | 63 Posts
Ali, really appreciate the effort and education you provide to us, also at the TMS thread as well.
Our way of trading is similar (especially since I converted to the TMS system) so thank you for this.

On to the question:
What are the settings for the Donchian Trend?

I do the charting via Tradingview on PC browser, and enter positions on my phone.
Since Tradingview does not have a native Donchian Trend, I am using Supertrend indicator instead (4,3 setting for entry on 15m TF).
Instead of APB candle, I am using Heikin Ashi (I guess they are the same anyway?).

For the MACD, I substitute it with.. Yes you are correct, TDI (Trader's Dynamic Index).

Then, one of the ways I found out to "only find A+ setup", is to use a Volume Oscillator (14,28 setting for entry on 15m).
If the oscillator is pointing towards or above 0% at the crossing of the MACD (or TDI), the probability of the trade being a good one is quite great.

People here who trades using the same platform as me could probably try this as well.
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  • Post #17
  • Quote
  • Aug 2, 2022 6:29am Aug 2, 2022 6:29am
  •  ohyeah
  • | Commercial Member | Joined Apr 2016 | 430 Posts
It's a good system by itself but it could definitely be improved with recent tools.
 
 
  • Post #18
  • Quote
  • Aug 2, 2022 6:34am Aug 2, 2022 6:34am
  •  Guderian
  • | New Member | Status: Junior Member | 12 Posts
Thanks for your clear answers , Ali.

In your experience, which are the best pairs for your system?
 
1
  • Post #19
  • Quote
  • Aug 2, 2022 7:52am Aug 2, 2022 7:52am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
Quoting jpntrader
Disliked
Ali, really appreciate the effort and education you provide to us, also at the TMS thread as well. Our way of trading is similar (especially since I converted to the TMS system) so thank you for this. On to the question: What are the settings for the Donchian Trend? I do the charting via Tradingview on PC browser, and enter positions on my phone. Since Tradingview does not have a native Donchian Trend, I am using Supertrend indicator instead (4,3 setting for entry on 15m TF). Instead of APB candle, I am using Heikin Ashi (I guess they are the same...
Ignored
welcome bro
DONCHIAN CHANNEL 20 YOU MAY FOUND IT IN THE NAME OF TURTLE TREND
I HOPE YOU TRADE 4HOUR AND DAILY RARELY 1 HOUR
AND TELL ME THE DIFFERENCE IN YOUR EMOTIONS TRADING LONG TIME FRAMES AND SHORT
THERE IS BIG DIFFERENT
I TRY TO GIVE EXAMPLE OF A+ SET UP AND NORMAL SET UP
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LOOK HERE IN THE TWO SET UPS

APB CANDLE IN THE FIRST WICKS IN ONE SIDE AND CANDLE ABOVE EACH OTHER THAT IS GOOD
IN THE SECOND THE CANDLES HAVE WICKS IN BOTH SIDE AND SIZE OF CANDDLE SMALL
THIS SET UP BETTER WAIT TO BROKEN THE RANGE IN TREND DIRECTION
REMEMBER IF YOU IDEAL YOU WILL GET LOSSES ALSO LOSSES ARE PART OF OUR GAME BUT LET IT SMALL AND LET PROFIT RUN
THERE ARE MANY SET UPS IN 1 HOUR AND 4 HOUR MOST OF THE TIME TRY TO TAKE THE BEST ONE AND IF THERE IS A BIG SUPPORT OR RESISTANCE NEAR IT THAT GREAT
MAKE YOUR FOCUS IN LOSSES DO NOT THINK IN PROFIT WHEN YOU TAKE TRADE
 
 
  • Post #20
  • Quote
  • Aug 2, 2022 8:01am Aug 2, 2022 8:01am
  •  Alihelmy123
  • | Joined Oct 2020 | Status: Member | 300 Posts
Quoting ohyeah
Disliked
it's a good system by itself but it could definitely be improved with recent tools.
Ignored
bro my focus in risk mangment and control emotions
and any indicators give me good entry - good exit and allow me ride big trends and determing market conditions
and this indicators made what i need
i am not searching for holy grail there is losses 35% of the time
the market is designed to take 1 out of 3 trades you must losse
do not hear to traders tell that they make 90% win rate
if they make this they may be take big losses or trading without st
 
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