Turtle System EA MT5 Unlimited

Turtle System EA Introduction

Turtle System EA is a prominent trend-following Expert Advisor developed specifically for MetaTrader 5, incorporating the iconic Turtle Trading strategy devised by Richard Dennis and Bill Eckhardt. This EA stands out with its unique approach, utilizing price channel breakouts to identify and capture substantial market trends across diverse assets such as USDJPY, GBPJPY, and even GOLD and BTCUSD. One of the primary benefits for users is its robust design that thrives amid market volatility and fluctuations. Users benefit from customized risk management settings, ensuring a tailored trading experience that aligns with individual risk appetites. The effectiveness of Turtle System EA is evident through positive backtest results, showcasing steady growth and adept drawdown management—a testament to its reliability and precision in capturing large market trends. In summary, Turtle System EA offers a seamless, automated trading solution grounded in time-tested strategies, focusing on capital preservation and long-term profitability without exaggerated claims.

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Key Highlights

• Unique Features: Utilizes original Turtle Trading strategy with automated trend-following execution.
• Remarkable Trade Strategy: Based on breakout-based entry with a focus on large trend captures, cutting losses short and allowing profits to run.
• Customizable Risk Management: Options for fixed money risk, percentage of balance, and fixed lot size.
• Catering to Diverse Needs: Trades multiple currency pairs from one chart, prop firm friendly.
• Data-Driven Performance: Backtest revealed a profit factor of 1.30, with a total net profit of $790,372.17 from 4,055 trades.

Turtle System EA Recommended

• Trading Platform: MetaTrader 5 (MT5)
• Pairs: USDJPY, GBPJPY, BTCUSD, GOLD, OIL, USTEC, NIKKEI 225
• Supported Accounts: Compatible with any broker, suitable for prop firms
• Timeframe: H1, H2
• Trading Time: 24/5
• Leverage: Minimum 1:20
• Minimum Deposit: $1,000 (recommended)

Installation and Usage Tips

• Risk Management Mode: Choose between a fixed money amount, percentage of balance, or fixed lot size for risk.
• Trade Identification: Assign a unique magic number for tracking trades.
• Multi-Symbol Option: Select symbols you wish to trade on a single chart.
• Backtesting Optimization: Use the GMT hour setting to align backtests with market hours.

Turtle System EA Review

Turtle System EA is a remarkable and user-friendly EA that aligns with the needs of both novice and experienced traders looking for a trend-following strategy. This EA shines with its robust design and reliable performance metrics, emphasizing capital preservation and long-term gains. User experiences highlight its ease of setup and effective customer support, making Turtle System EA a reliable choice without overpromising results.

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Conclusion

Combining classic trading strategies with modern automation, Turtle System EA MT5 emerges as a sound choice for traders aiming for stable, long-term trend capture. While it requires patience due to low short-term win rates, it is ideal for those with an appetite for disciplined, strategic trading in a variety of markets and asset classes.

Turtle System EA MT5 Download Packages:

• Link download experts:
  • Turtle System EA MT5 (unlimited).ex4
• Presets:
  • N/A