THE TURTLE STRATEGY

BY VISHAL AGARWAL
 CONTENTS

The Turtle Concept The Turtle Basic Candlestick

The Turtle Rules The Turtle Advanced Candlestick

The Turtle Trading Style The Turtle Strategys

Markets - What to buy or sell Candlestick Turtle Strategy

Position Sizing - How much to buy or sell The Three Turtle Strategy
Entries - When to buy or sell Entry Turtle Strategy
Stops - When to get out of a losing position
Exits - When to get out of a winning position
Tactics - How to buy or sell
The Turtle Concept
The Turtle or Tortoise is one of my favourite strategy. Name concept inspiration is taken from Turtle
Trading. legendary commodity traders Richard Dennis and William Eckhardt held the turtle experiment
to prove that anyone could be taught to trade.

The one which we will learn is not based on this, but I agree with that, anyone could be taught to trade.

My name is Vishal Agarwal, I am a trader having seven year experience of stock market. I am not SEBI
registered this is only for educational purpose only.

The Strategy which I named them, some are mine and some are medication in others strategy. All
strategy are self traded and backtested.
The Turtle Rules
The Turtles rules are very simple which we have to follow, they are as follow

•Find the Rally

•Find the pattern
•Wait for closing

How to Find Rally & Movement?

•For intraday 3 Days of stock trend of market or 5 to 10 % of stock movement.

•For Positional 10 days of stock trend of market or 10 to 30% of stock movement.
The Turtle Trading Style
Markets - What to buy or sell :- This is the common question among the traders, which we also name as
stock selection. Yes, stock selection is very important role in market, Generally as we know everything
but still get confuse what to buy and what to sell. With the help of Turtle Strategy we will find what to buy
or sell.

Position Sizing - How much to buy or sell : - ..... Second important role is your money management, many
traders are usually get failed over here. They do over trading if they are in loss or profit. How much to buy
or sell, what ever your investment is there you should always divide it into 3 stocks margin.

For eg : If your investment is 1,00,000 Rs. so if you divide you get 33,000/- each stock margin.

So If the script is of 300rs your quantity should not be more then 110 Qty
If the script is of 600rs your quantity should not be more then 55 Qty
If the script is of 1200rs your quantity should not be more then 25 Qty

Entries - When to buy or sell: - ..... Now the main important point is when to buy or sell, when to take entry,
this we will come to know while working with the strategy

Stops - When to get out of a losing position: - ..... Stoploss is not exceed more then 0.5% to 1% of stock price

Exits - When to get out of a winning position : - ..... At every 0.5% movement of stock price we will revised
our stockloss as per 0.5%. For eg our buying price is 500 and it moved to 0.5% i.e 2.5rs so we will revised
our stock loss to buying price, if it moved to 1% our stockloss will revised to 0.5%.
The Turtle Basic Candlestick

Hammer
Inverted Hammer
Hanging Man
Shooting Star
Bullish Engulfing
Bullish Harami
Bearish Engulfing
Bearish Harami
INVERTED
HAMMER
HAMMER INVERTED HAMMER

BUY BUY

BUY

1 1
SL SL
2 2
HANGING MAN SHOOTING STAR

2 2
SL SL
1 1

SELL

SELL
INVERTED
BULLISH ENGULFING
HAMMER INVERTED
BULLISH HAMMER
HARAMI

BUY BUY

3 3

1 1
1 2 SL 1 2 SL
2 2
INVERTED
BEARISH ENGULFING
HAMMER INVERTED
BEARISHHAMMER
HARAMI

1 2 SL 1 2 SL
1 2 1 2

3 3
SELL SELL
BUY BUY
The Turtle Strategys

Candlestick Turtle Strategy

The Three Turtle Strategy
Entry Turtle Strategy
Candlestick Turtle Strategy
Candlestick Turtle strategy is based on pure candlestick, with few point are as

Ÿ Pure Intraday Trading

Ÿ Time Frames are 15 min and 30 min, Best is 30 min

Ÿ Indicators RSI & Pivot Point

Candlestick Turtle Strategy
RSI Bullish and Bearish Divergence

Bullish Divergence

Down Trend Price Movement Up Trend

Trend Line

Type 1 Type 2

RSI Price Movement Trend Line

Bullish Divergence Example Type 1
Bullish Divergence Example Type 1
Bullish Divergence Example Type 1
Bullish Divergence Example Type 2
Bullish Divergence Example Type 2
Bullish Divergence Example Type 2
 RSI Bullish and Bearish Divergence

Bearish Divergence Trend Line

Down Trend Price Movement Up Trend

Type 2 Type 1
Trend Line

RSI Price Movement

Bearish Divergence Example Type 1
Bearish Divergence Example Type 1
Bearish Divergence Example Type 1
Bearish Divergence Example Type 2
Bearish Divergence Example Type 2
SUNTV SELL @ 989 sl 1% i.e 999 30 Min time frame
MONDAY 2-7 -2018 - APOLLOHOSPITAL 15 MIN TIME FRAME
MONDAY 2-7 -2018 - CANARA BANK 15 MIN TIME FRAME
TUESDAY -3-7 -2018 - BHARATFORGE 5 MIN TIME FRAME
TURTLE STRATEGY
TURTLE STRATEGY