AwkwardTurtler

turtle trading

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This is an indicator based on Turtle trading mechanics. I've been playing around with the original script shared by @tmr0, and extended mine with fun emoji indicators that calculate exit prices from the original turtle strategies.

The Turtles used a 20-day (short) and 55-day (long) moving average to determine buy and sell zones, these can be played with in the inputs area.

Legend

-- 🔥is an 'Enter Short' with exit price (represented by ✋read price by hovering over and reading first value in indicator)
-- 🙈is an 'Exit Short' which is not necessarily a sell, more of a 'be careful, don't get greedy'
-- 👍is an 'Enter Long'
-- 💩is an 'Exit Long', generally should be seen as a get the f*ck out situation based on trends

Features

-- show/hide short and long enter/exits
-- alerts
-- emoji

Please let me know your thoughts.

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Update exit and enter prices.

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Add Exit Short alert

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Update to 10 days

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Update to Pine Script 4

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Updates

-- add tooltips with pre-calculated stop loss prices
-- use 5 MA for crypto (higher volatility markets)
-- use 20 MA for stocks (lower volatility markets)

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-- Update tooltip

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Update exit price from low to close