Next Article in Journal
Stock Investment and Excess Returns: A Critical Review in the Light of the Efficient Market Hypothesis
Next Article in Special Issue
Conditional Dependence between Oil Prices and Exchange Rates in BRICS Countries: An Application of the Copula-GARCH Model
Previous Article in Journal
Default Risk and Cross Section of Returns
Open AccessArticle

AdTurtle: An Advanced Turtle Trading System

COSMOS4U, 67100 Xanthi, Greece
*
Author to whom correspondence should be addressed.
J. Risk Financial Manag. 2019, 12(2), 96; https://doi.org/10.3390/jrfm12020096
Received: 9 May 2019 / Revised: 3 June 2019 / Accepted: 5 June 2019 / Published: 8 June 2019
(This article belongs to the Special Issue AI and Financial Markets)
For this research, we implemented a trading system based on the Turtle rules and examined its efficiency when trading selected assets from the Forex, Metals, Commodities, Energy and Cryptocurrency Markets using historical data. Afterwards, we enhanced our Turtle-based trading system with additional conditions for opening a new position. Specifically, we added an exclusion zone based on the ATR indicator, in order to have controlled conditions for opening a new position after a stop loss signal was triggered. Thus, AdTurtle was developed, a Turtle trading system with advanced algorithms of opening and closing positions. To the best of our knowledge, for the first time this variation of the Turtle trading system has been developed and examined. View Full-Text
Keywords: algorithmic trading; Stop Loss; Turtle; ATR algorithmic trading; Stop Loss; Turtle; ATR
Show Figures

Figure 1

MDPI and ACS Style

Vezeris, D.; Karkanis, I.; Kyrgos, T. AdTurtle: An Advanced Turtle Trading System. J. Risk Financial Manag. 2019, 12, 96.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Back to TopTop