The Small Turtle System (Donchian Trend +MACD)

You misunderstood, I meant the indicator that shows the entry and exit on your chart in a green line and triangle.

UC M15 short, TP on change of candle If I checked the H1 TF I would have stayed in this trade for another 48 pips and still ongoing.

Hi
That is not an indicator, that is the chart of my broker, Ic Markets, triangle, and line represent the entry and close trade I took.

I love gold
the second trade is countertrend, sorry

This is an example of an NZDCHF D1 I just back-tested.
The first entry would have been 16 days ago, on the bottom of the third red candle, after MACD lines crossed.
I calculated the profit, using as an exit, yesterday high, but this trade could continue much longer.

After the first entry on D1
I switched to M4 and took the first 4 entries that my chaos software gave me.
I carefully adjusted the stop and lot size exactly to 1% per entry.

Results: 18,6 %, in half a month on only 1 trade. (hit a few of those in a month, and one can double the account!)
Easy peasy, just follow the rules of this thread, adding on H4, at the beginning of the campaign.
Then just check every night and adjust stop if needed.

If after 3 or 4 bars a Day bar would have turned blue, I would have changed my stop to the top of that bar.
Either it would continue my way, or if stopped, maybe BE maybe a 2 or 3 % loss.

That’s two nice runs on NZDCHF

Learning charts. Today's opportunity...

Check this:
The original rules of the thread:
-Close on candle color change.

Next option:
_ Place a stop below/above the color change candle against you.

Next option:
-Place a stop below/above a candle that touches the MA line.

Next option:
-Place a stop below/above the candle that penetrates the MA, breaking it.

If you look at the red rectangle before the long swing, you will see how it penetrates the MA at that point.

Look at this D1 USDCAD chart.
Using the latter option, you would triple the results or more (trade would be still open.)
You probably need to enlarge the pic. to be able to see the MA line on this black chart.

this setups i took this week
eurnzd 4 hour
eur aud 4hour
and gbp jpy

learning chart
usd chf daily usd chf 4hour
chf jpy daily chf jpy 4 hour no more than idea

before i take any trade i ask myself 3 question
1 - what i expect if i win
2- what i expect if i loss
3- did i loss trades before

these question put my mind in good mood especially when i ask myself did i loss trades before and answer yes
so i put the good and bad situation in my mind so risk less

if you take one of the trades like this you will made the quarter target

Another gold winner

EC Countertrend

Someone can update this indicator with center bands? I will be gratefull.

Which indicator you mean?

This one

Post #1
Averages Channel Candles (alerts + button)

Maaan glad to see the system really helps a lot of people.
Been away from forexfactory forum, only opening FF to check news, but the discussion here has been awesome.

How was your September using this system, people?
I gained around 12% with below statistics.
I know somewhere out there and someone I know gained more with his/her system.
But this turtle system is the one that suits my lifestyle the most.
And 12% for a system that doesn't require you to think hard.. How good is that.

Due to life circumstances, I even tweak the system a bit more. That's one of the reason I have been away from the discussion as well, because what I'm doing is not good for this thread's consistency.

So I have been experimenting with fixed pips and fixed lot for every trade for the second half of September.
Win rate is about the same, probably a bit more to the low side, but I am guaranteed to get 2R for the winners every time.
This saved me a lot of time and I can focus more to my day job.

Yeah, will collect more data as we are advancing to the last quarter of the year.
Very glad that this year I came across the TMS method, then was enlightened by this turtle system.
Right in the time where I needed a trading system that revolves around my daily life, not the other way around like the way it was before.

Have a fun weekend, people.
Let's do well for October.

Jpntrader,

thank you for all your work in contributing to this thread. I’m based in Australia so I’m interested in your results in trading a similar time zone, while also trying to hold down a day job! So a couple of questions:-

1- Are you still trading the 1 hour charts or have you dipped into longer TF’s?
2- Which pairs do you trade?
3- Which hours do you trade?

Cheers,

Very nice discussions found in this system. One particular benefit I find is that the entrances and exits are clearly defined. Thank you so much for all of the contributions.