The Turtle Profit Trading Metatrader 4 Indicator
The Turtle Profit is a trend following indicator based on the original Turtle trading rules. It provides traders with simple buy and sells rules. The indicator works on any currency pair.
BUY: In uptrends: Open long when the Turtle line turns blue. Exit position when the currency pair hits the dotted up trending exit line.
SELL: In downtrends: Open short when the Turtle line turns red. Exit position when the currency pair hits the dotted down-trending exit line.
Use in conjunction with trend analysis tools to determine the primary trend. Don’t use the Turtle Profit indicator against the primary trend.