Turtle system

[Roadster]

Has anyone written the complete trading system for the Turtle system (www.originalturtles.org) in TradeSim and as a gauge of TradeSim userfriendliness - how easy was it? Considering purchasing TS (not sure which version) and would like comment. Thanks

[sectorbets]

It's not a question of TradeSim user friendliness, but rather MetaStock friendliness. If you have the complete description of the Turtle system, then getting it into MetaStock should be pretty easy, but if you have problems, the Equis folks will code it for you for almost nothing.

Once you have working MetaStock code, adding the few lines of additional TradeSim code is a snap, and if you have any questions, lots of folks in this forum will help out.

[dilmun99]

Actually it could be quite hard. The Metastock part is mostly ok (breakout formulae) but the magic is in the portfolio mangement and the volatility-based pyramiding. Finding a way to limit the number of positions of correlated as apposed to uncorrelated contracts would also be hard to code.

The system-testing software that claims to be able to model the Turtle is VeriTrader, but at $2000 I'm not about to give it a whirl...

I'd like to be proved wrong though..I believe the rules are at http://www.originalturtles.org/docs/turtlerules.pdf. Again, its not the entry rules that are a problem, its the pyramiding, exits and portfolio sizing.

Andrew

[dilmun99]

Just came across the attached discussion on the turtletradingsoftware forum, re easylanguage coding for the Turtle System - looks like its hard for Tradestation too - this includes a zip file of turtle code in easy language as far as they could get:
http://www.turtletradingsoftware.com/forum/viewtopic.php?t=817

Andrew