421# The Turtle Channel Forex System
Trend Following Strategy
Submit by Miko 18/01/2013
Time Frame 4H or daily.
Currency pairs any.
Metatrader Indicators:
Turtle trading Channel (16, 10);
fisher (130, 0,67, 05);
HAMA (3,29,3).
Entry:
Go short:
Turtle trading Channel agree with Fisher redbar so as HAMA is at sell direction.
Go Long:
Turtle trading Channel agree with Fisher greenbar so as HAMA is at long direction.
Talking about stoploss it is hard to tell. It depends on your money management rules. You could use previous high or low for placing stoploss. Also a trailing stop is a good choice.
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