Turtle Trading Indicator with Stats Table

5 hari yang lalu

This indicator is based on the classic Turtle Trading strategy, enhanced with ATR‑based stop lines and a built‑in performance statistics table. It helps traders visualize breakout entries, exits, volatility stops, and track real‑time trade outcomes directly on the chart.

🔧 Key Features
Entry Breakout Levels (20‑bar High/Low):
Plots the highest high and lowest low over the last 20 bars. A close above the 20‑bar high signals a potential long entry; a close below the 20‑bar low signals a potential short entry.

Exit Channel Levels (10‑bar High/Low):
Plots the highest high and lowest low over the last 10 bars. These serve as exit triggers — closing below the 10‑bar low exits a long, closing above the 10‑bar high exits a short.

ATR Stop Lines (2N):
Uses the Average True Range (ATR) to calculate volatility bands (close ± 2 × ATR). These bands act as dynamic stop levels, showing where volatility‑based exits would occur.

Position Sizing (ATR‑based):
Calculates a suggested position size based on account equity, risk percentage, and ATR. This ensures trades are scaled to volatility, keeping risk consistent.

Signal Labels:
Displays labels on the chart for long entries, short entries, and exits. Each entry label includes the calculated position size.

Performance Stats Table:
A table in the corner of the chart shows real‑time trade statistics:

• Win Rate % – percentage of trades closed profitably.
  
• Gain % – cumulative percentage return from winning trades.
  
• Loss % – cumulative percentage return from losing trades.
  
• Average Risk‑Reward (RR) – ratio of total gains to total losses.
  
• Average Return % – average return per trade.
  
• Trades (W|L) – total trades taken, broken down into wins and losses.
  

🎯 How to Use
Watch for breakouts above/below the 20‑bar channel to identify entry signals.

Use the 10‑bar channel or ATR stop lines to manage exits.

Position sizing adapts to volatility, helping maintain consistent risk.

Monitor the stats table to evaluate performance in real time while testing or refining the strategy.

This indicator combines visual trade signals with quantitative feedback, making it a practical tool for learning, testing, and applying the Turtle Trading methodology.

5 hari yang lalu

Catatan Rilis

This indicator is based on the classic Turtle Trading strategy, enhanced with ATR‑based stop lines and a built‑in performance statistics table. It helps traders visualize breakout entries, exits, volatility stops, and track real‑time trade outcomes directly on the chart.

🔧 Key Features
Entry Breakout Levels (20‑bar High/Low):
Plots the highest high and lowest low over the last 20 bars. A close above the 20‑bar high signals a potential long entry; a close below the 20‑bar low signals a potential short entry.

Exit Channel Levels (10‑bar High/Low):
Plots the highest high and lowest low over the last 10 bars. These serve as exit triggers — closing below the 10‑bar low exits a long, closing above the 10‑bar high exits a short.

ATR Stop Lines (2N):
Uses the Average True Range (ATR) to calculate volatility bands (close ± 2 × ATR). These bands act as dynamic stop levels, showing where volatility‑based exits would occur.

Position Sizing (ATR‑based):
Calculates a suggested position size based on account equity, risk percentage, and ATR. This ensures trades are scaled to volatility, keeping risk consistent.

Signal Labels:
Displays labels on the chart for long entries, short entries, and exits. Each entry label includes the calculated position size.

Performance Stats Table:
A table in the corner of the chart shows real‑time trade statistics:

Win Rate % – percentage of trades closed profitably.

Gain % – cumulative percentage return from winning trades.

Loss % – cumulative percentage return from losing trades.

Average Risk‑Reward (RR) – ratio of total gains to total losses.

Average Return % – average return per trade.

Trades (W|L) – total trades taken, broken down into wins and losses.

🎯 How to Use
Watch for breakouts above/below the 20‑bar channel to identify entry signals.

Use the 10‑bar channel or ATR stop lines to manage exits.

Position sizing adapts to volatility, helping maintain consistent risk.

Monitor the stats table to evaluate performance in real time while testing or refining the strategy.

This indicator combines visual trade signals with quantitative feedback, making it a practical tool for learning, testing, and applying the Turtle Trading methodology.

5 hari yang lalu

Catatan Rilis

This indicator is based on the classic Turtle Trading strategy, enhanced with ATR‑based stop lines and a built‑in performance statistics table. It helps traders visualize breakout entries, exits, volatility stops, and track real‑time trade outcomes directly on the chart.

🔧 Key Features
Entry Breakout Levels (20‑bar High/Low):
Plots the highest high and lowest low over the last 20 bars. A close above the 20‑bar high signals a potential long entry; a close below the 20‑bar low signals a potential short entry.

Exit Channel Levels (10‑bar High/Low):
Plots the highest high and lowest low over the last 10 bars. These serve as exit triggers — closing below the 10‑bar low exits a long, closing above the 10‑bar high exits a short.

ATR Stop Lines (2N):
Uses the Average True Range (ATR) to calculate volatility bands (close ± 2 × ATR). These bands act as dynamic stop levels, showing where volatility‑based exits would occur.

Position Sizing (ATR‑based):
Calculates a suggested position size based on account equity, risk percentage, and ATR. This ensures trades are scaled to volatility, keeping risk consistent.

Signal Labels:
Displays labels on the chart for long entries, short entries, and exits. Each entry label includes the calculated position size.

Performance Stats Table:
A table in the corner of the chart shows real‑time trade statistics:

Win Rate % – percentage of trades closed profitably.

Gain % – cumulative percentage return from winning trades.

Loss % – cumulative percentage return from losing trades.

Average Risk‑Reward (RR) – ratio of total gains to total losses.

Average Return % – average return per trade.

Trades (W|L) – total trades taken, broken down into wins and losses.

🎯 How to Use
Watch for breakouts above/below the 20‑bar channel to identify entry signals.

Use the 10‑bar channel or ATR stop lines to manage exits.

Position sizing adapts to volatility, helping maintain consistent risk.

Monitor the stats table to evaluate performance in real time while testing or refining the strategy.

This indicator combines visual trade signals with quantitative feedback, making it a practical tool for learning, testing, and applying the Turtle Trading methodology.

5 hari yang lalu

Catatan Rilis

This indicator is based on the classic Turtle Trading strategy, enhanced with ATR‑based stop lines and a built‑in performance statistics table. It helps traders visualize breakout entries, exits, volatility stops, and track real‑time trade outcomes directly on the chart.

🔧 Key Features
Entry Breakout Levels (20‑bar High/Low):
Plots the highest high and lowest low over the last 20 bars. A close above the 20‑bar high signals a potential long entry; a close below the 20‑bar low signals a potential short entry.

Exit Channel Levels (10‑bar High/Low):
Plots the highest high and lowest low over the last 10 bars. These serve as exit triggers — closing below the 10‑bar low exits a long, closing above the 10‑bar high exits a short.

ATR Stop Lines (2N):
Uses the Average True Range (ATR) to calculate volatility bands (close ± 2 × ATR). These bands act as dynamic stop levels, showing where volatility‑based exits would occur.

Position Sizing (ATR‑based):
Calculates a suggested position size based on account equity, risk percentage, and ATR. This ensures trades are scaled to volatility, keeping risk consistent.

Signal Labels:
Displays labels on the chart for long entries, short entries, and exits. Each entry label includes the calculated position size.

Performance Stats Table:
A table in the corner of the chart shows real‑time trade statistics:

Win Rate % – percentage of trades closed profitably.

Gain % – cumulative percentage return from winning trades.

Loss % – cumulative percentage return from losing trades.

Average Risk‑Reward (RR) – ratio of total gains to total losses.

Average Return % – average return per trade.

Trades (W|L) – total trades taken, broken down into wins and losses.

🎯 How to Use
Watch for breakouts above/below the 20‑bar channel to identify entry signals.

Use the 10‑bar channel or ATR stop lines to manage exits.

Position sizing adapts to volatility, helping maintain consistent risk.

Monitor the stats table to evaluate performance in real time while testing or refining the strategy.

This indicator combines visual trade signals with quantitative feedback, making it a practical tool for learning, testing, and applying the Turtle Trading methodology.

3 hari yang lalu

Catatan Rilis

With updated stats

3 hari yang lalu

Catatan Rilis

With alert function