fiki

Turtles Modified Alerts

Alerts for famous Turtle Trading Rules. Based on work from tmr0 and ossettia. It can be used with Autoview.

If you have any advice on how to further improve the script, please let me know by PM or comment below. Thanks!

Please hit on "Like" if you find this script useful so that others can find it easier. Thanks!

*** The information and script provided here are no recommendation to buy or sell. They are just an idea for educational and discussion purposes. ***
發布通知: Alerts for famous Turtle Trading Rules. Based on work from tmr0 and ossettia. Compatible with Autoview.

Please "Like" if you find this script useful. Thanks!

Update v2: Label positioning and naming below (buy) and above (sell) bars added to better visualize entries and exits.

*** The information and script provided here are no recommendation to buy or sell. They are just an idea for educational and discussion purposes. ***
發布通知: Added background color: red = short / blue = long.

Please like if you find this script useful. Thanks!
發布通知:
  • Updated to Pine Script v4
  • Changed shape of label
  • Changed label colors to better distinguish between fast and long signals

Please like if you find this script useful. Thanks!
從喜愛的腳本中移除 添加到喜愛的腳本
Thanks a lot for this amazing strat adapted for automatic trading !
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Hi, thanks for sharing this turtle script. i was referred by a follower to your modified indicator. I was wondering if you can explain the difference of cfL, ofL, osL, csL, ofS, osS. can you elaborate on the which is fast L entry, fast L exit, slow S entry, slow S exit. Thank you. I am working to get it improved with additional indicator, any ideas what indicator can help?
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fiki kensanlb
@kensanlb, Hi kensanlb. I am happy to hear that you like my script and that others are recommending it. :) So it seems to be useful which is good news.

Find below the explanation of the abbreviations. This script is based on the Turtle Trading Strategy. Initial work was done by tmr0, he also wrote an article on it (find the relevant links below).

- Initial work done by tmr0 here on TV:
- Article written by tmr0: https://hackernoon.com/my-super-secret-crypto-turtle-strategy-revealed-ae7492fb01a6

There are also several books written on this trading strategy. It got famous in the 1980's and after nearly 40 years it has still its validity.

Buying / Long
cfS = close fast Short = Exit fast Short
csS = close slow Short = Exit slow Short
ofL = open fast Long = Enter fast Long
osL = open slow Long = Enter slow Long

Selling / Short
cfL = close fast Long = Exit fast Long
csL = close slow Long = Exit slow Long
ofS = open fast Short = Enter fast Short
osS = open slow Short = Enter slow Short

Regarding your question what indicator could improve this script: This is a good question. Below you see my chart with various important and relevant indicators. By comparing price action with indicators it's really hard to tell which indicator tells us something more about when to enter and when to exit. If you find something, I would be curious to know as well. :)

If you found a relevant improvement, let me know as well. In best case I can integrate it in this script and update it. Thanks.

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Here is my Autoview code for XBTUSD on BitMEX for the ones interested. Please adapt accordingly to your needs.

a=enter-fast-L d=1
a=bitmex-testnet e=bitmex-testnet s=XBTUSD b=long l=5 q=100 t=limit ro=0

a=enter-slow-L d=1
a=bitmex-testnet e=bitmex-testnet s=XBTUSD b=long l=5 q=100 t=limit ro=0

a=exit-fast-S d=1
a=bitmex-testnet e=bitmex-testnet s=XBTUSD b=long l=5 q=100 t=limit ro=1

a=exit-slow-S d=1
a=bitmex-testnet e=bitmex-testnet s=XBTUSD b=long l=5 q=100 t=limit ro=1

a=exit-fast-L d=1
a=bitmex-testnet e=bitmex-testnet s=XBTUSD b=short l=5 q=100 t=limit ro=1

a=exit-slow-L d=1
a=bitmex-testnet e=bitmex-testnet s=XBTUSD b=short l=5 q=100 t=limit ro=1

a=enter-fast-S d=1
a=bitmex-testnet e=bitmex-testnet s=XBTUSD b=short l=5 q=100 t=limit ro=0

a=enter-slow-S d=1
a=bitmex-testnet e=bitmex-testnet s=XBTUSD b=short l=5 q=100 t=limit ro=0
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