Small Turtle System Indicator MT4
Elevate your trading game with the Small Turtle System Indicator MT4—a powerful tool that brings the renowned Turtle Trading strategy to your fingertips. Designed for both novice and experienced traders, this indicator simplifies trend-following techniques to help you capitalize on market movements efficiently.
Key Trading Parameters
- Minimum Deposit: $100
- Recommended Time Frame: 1-Hour (H1)
- Optimal Currency Pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD
How the EA Executes Trades
The Small Turtle System Indicator MT4 employs a systematic approach rooted in the principles of breakout and trend continuation. Here’s how the Expert Advisor (EA) operates:
1. Identifying Breakouts
- Long Entry:
- Triggers when the price breaks above the highest high of the previous 20 periods.
- Short Entry:
- Initiates when the price dips below the lowest low of the previous 20 periods.
2. Position Sizing and Risk Management
- Fixed Fractional Position Sizing:
- Allocates a consistent percentage of your equity per trade to manage exposure.
- Volatility Adjustment:
- Adjusts trade size based on market volatility, measured by the Average True Range (ATR).
3. Stop Loss and Take Profit
- Protective Stop Loss:
- Sets stop loss orders at the opposite extreme of the breakout to minimize potential losses.
- Trailing Stop Mechanism:
- Employs a dynamic trailing stop that follows the trend, locking in profits as the market moves in your favor.
4. Trade Management
- No Emotion Trading:
- Automates decision-making to eliminate emotional bias.
- Continuous Monitoring:
- The EA constantly scans the market for new opportunities while managing open positions.
Why Choose the Small Turtle System Indicator MT4?
- Proven Strategy Implementation
- Leverages the time-tested Turtle Trading methodology.
- User-Friendly Interface
- Easy to install and configure, even for beginners.
- Robust Risk Management
- Protects your capital through disciplined trade management.
- Versatile Application
- Suitable for multiple currency pairs and adaptable to different market conditions.
System Requirements
Parameter | Specification |
---|---|
Minimum Deposit | $100 |
Time Frame | 1-Hour (H1) |
Currency Pairs | EUR/USD, GBP/USD, USD/JPY, AUD/USD |
Trading Platform | MetaTrader 4 (MT4) |
Leverage | Recommended 1:100 or higher |
Get Started Now
- Download the EA: Access the Small Turtle System Indicator MT4 from our website: www.forexfactory.cc
- Join Our Community: Connect with other traders and get support on Telegram: https://t.me/yoforexrobot
Take control of your trading journey with a strategy that stands the test of time. Download the Small Turtle System Indicator MT4 today and unlock new trading opportunities!
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀
Stay Updated:
Instant Download: https://www.forexfactory.cc/product/small-turtle-system-indicator/
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Contact and Join our Telegram : https://t.me/yoforexrobot
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