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AdTurtle: An Advanced Turtle Trading System

COSMOS4U, 67100 Xanthi, Greece
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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)
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Abstract

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

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