The “Turtle Soup”

The “Turtle Soup”

I recently discovered this strategy Linda Bradford Raschke.

Everyone knows the mythical “Turtle strategy”. The problem is that it is not performing with forex.

This new strategy applies in forex, with modified parameters, which are a bit like the strategy of turtles.

It applies in M30 timeframe.

I’m a little disappointed with the results overall (bad profit factor), even is the strategy is profitable on the long term, with most forex pairs. I have checked my code, there is no error.

Too bad we can not go before the backtest 2010 with PRT (the website where I saw the backtest showed tests since 2006, with good growth in capital curves).

In any case it remains promising, there are probably ways to improve the code.

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No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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  1. danyway • 04/03/2016 #

    If im running this system on the Nikkei from Germany. The difference in time from Germany to Japan are 7 hours.
    So if i want the system to start at 6 o clock in Japan do i have to put in
    ctime = time > 230000 and time < 150000 
    or does PRT automatically change the Time Zones?
     

    • 111111dw • 158 days ago #

      i am running this on the cac 5m time frame but the results are very different from the backtest?

  2. Doctrading • 04/03/2016 #

    Hello,
    The trading hours depend of your broker.
    So you must change the Ctime.
    But before running it, make some verifications.
    Best regards,

  3. danyway • 04/03/2016 #

     I´m using IG markets
    When i change ctime there are 0 results
    ctime = time > 230000 and time < 150000 
    This should be the Times which equal 6 o clock in the morning and 22 o clock in Japan or not?
    Btw the Backtest is very positive on the Nikkei 
    Nice Job 🙂

  4. Pierreee • 04/03/2016 #

    That a realy great strategy !!! 
    It’s realy profitable in daily trade.
    I’m gonna put some filter on it and I’ll post it in the comment. 😉
     
    Thanks

  5. entony • 04/03/2016 #

    hello timeframe on what works best and how couples ??grazie

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