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The Small Turtle System (Donchian Trend + MACD)

author EAcpu | 3 reads | 0 comments |
First of all, I would like to thank all the members who help new traders on this site
If you want to become a consistently profitable trader, come here, this thread will be more than just strategies, I will try to target all the points to get traders on the right path
First of all, there are many points that every trader must understand
1- The formula for successful trading includes (emotional control-fund management-trading system)
85% of traders only focus on trading strategies, so they will never be consistent
2. Exiting is more important than entering
3-Stop losses quickly and let profits run (golden rule of trading)
4- The risk of each setting shall not exceed 1%, and the setting shall not exceed 20 times per month.
5-Filter, this is a very important point, we do not take all settings, only a+ settings
6- This point is very helpful for me when trading high time frames (1 hour - 4 hours - daily -
Weekly timeframe only)
7- Support Levels - Resistance Levels - Trend Lines - Chart Patterns - Price movements are more important on longer time frames than smaller time frames
8- The system contains (donchian channel - MACD - -APB candles)
The winning rate of this system
Approximately 50% for beginners and 65% for experienced traders
Don't listen to traders who say their winning rate is around 80% or 90%, they are dreamers
There is only one guarantee in trading
3 times you will lose 1 time
And how you respond to these losses determines whether you are able to continue to make profits
How to judge the quality of a strategy
A good strategy must determine 3 points
1- Entry
2-Exit (big winners and small winners)
3-Market conditions
index
1- Donchion channel for trend determination
2- MACD(5-7-4) Momentum
3- APB candles, sideways markets can be avoided when the candles are small and have a wick
We only trade in the same direction as the Donchion Channel trend
Enter based on MACD crossover
If a buy setup we take the blue line crossing the red at the zero level which is more conservative
i.e. Sell we cross the blue line with the red line above the zero level which is a more conservative setup
More experienced traders can determine market conditions by taking all MACD line crossovers, but in the same direction as the dochion trend
Learning examples
For beginners who are unable to determine market conditions
Only take setups that break the MACD zero level in the same direction as the turtle trend
Placement must be at the first or second APB where the candle color changes in the same direction as the setting
Capture momentum and help you avoid sideways markets
Study examples
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For traders, the big winners need to use this template and exit when the APB candle breaks the 5EMA in the opposite direction
Template
Attachment
[TPL] Ali Helmi MACD + Turtle + 5EMA.tpl 6 KB | 2,317 Downloads | Uploaded on August 15, 2022 at 7:28 AM
Attachment
[EX4] Average Channel Candlestick (Alert + Button).ex4 178 KB | 2,478 Downloads | Uploaded on August 15, 2022 at 7:28 AM
Example

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USDCADTT.PNGUSDCADTT1.PNGUSDJPYTT.PNGUSD JPY 14-8.png
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USDCADTT.PNGUSDCADTT1.PNGUSDJPYTT.PNGUSD JPY 14-8.png
USDCADTT.PNGUSDCADTT1.PNGUSDJPYTT.PNGUSD JPY 14-8.png
USDCADTT.PNGUSDCADTT1.PNGUSDJPYTT.PNGUSD JPY 14-8.png
USDCADTT.PNGUSDCADTT1.PNGUSDJPYTT.PNGUSD JPY 14-8.png

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