EDITED: Jan. 3 2007
*IMPORTANT NOTE: To all testers once again thank you for your help. But some clarifications, this EA is Beta version so it is still under development. The main purpose of this test is to find flaws in the programming to find and fix the bugs. Another more important purpose of this test is to find and develop the best settings to improve the original turtles system, We already have the turtles EA here free to download but it has not yet been optimized and the most profitable settings, timeframe, setup has NOT yet been discovered. SO PLEASE EXPERIMENT ON WHAT WORKS BEST FOR YOU and then you can post it in the thread so we can discuss it so that we may hasten the development of this EA so we can start making real pips! Thank You once again.
Hello All,
Ive been worked on this EA this weekend it is based on the turtle method, It is a beta version so lots must still be assiged. But everything else is dynamic based on the Original turtles method that could be found at
www.originalturtles.org. I have only backtested this EA and seems to work fine in backtest.
Anyways the turtle System could be used in anytimeframe this EA could also but you must change values so that stops would not be placed to close.
So for everyone who is willing to help me test this baby here are the external variables:
Lots Assign Fixed Lot Size to be traded per unit
MaxUnits Maximum units to trade per Currency Pair
MagicNumber Assign Magic Number
EntryLookBack Bars to lookback for calculating entry breakout prices
ExitLookBack Bars to lookback in calculating exit prices
ATRPeriod ATR Period, ATR used to calculate N(hope you read the book
)
SLMultiple Multiply ATR by this to calculate StopLoss
ReEntryMultiple Multiply ATR by this to calculate Re Entry Point
ATRBreakEven if set to true SL will be moved to break even level when this price is reached
BreakEvenMultiple Multiply ATR by this to get breakeven price
NEW VARS IN Version BETA4
LockProfit Set to true to enable Total Profit Trailing to lock in Profit
PipLockinStart Will Start Profit Trailing when Total Amount in pips reaches this amount
LockinPercent Percentage of The Total Profits being locked in
To those kind people who will help me test and develop this EA thank you in advance, Attached is the Ninja_Turtle_EA beta, and the originalturtles.pdf book where this EA is based, as well as summary of the turtles rules which i got somewhere in this forum.
Thanks Again!
HAPPY HOLIDAYS TO EVERYONE!
Mikhail
*MINOR UPDATE: New Version Ninja "Turtle Beta3" ready for download, SL on all Pending Orders.
*MAJOR UPDATE: Ninja Turtle Beta 4 - Now with Added feature Profit Trailing.
*MINOR UPDATE: Ninja Turtle Beta 4.1 - fixed pip calculation
*MINOR UPDATE: Ninja Turtle Beta 4.2 - fixed pip calculation for all currecy pairs, entry stops take into account your brokers spread to avoid false entry.
*MINOR UPDATE: Ninja Turtle Beta 4.3 Minor bug fix causing zero divide error