Donchian 20 breakout (Turtle)

Classic / trend · Timeframe: H1 / H4 / Daily · Sessions: Any

Buy 20-period highs and sell 20-period lows, following the trend.

How it works

It is the core of Richard Dennis's famous 'Turtle' system: enter when price closes above the last 20 periods' high and exit against it at the 10-period low. It wins rarely, but winning trades tend to be large.

Step-by-step rules

1. Trend filter: price above/below the EMA200.
2. Close above the 20-candle high (or below the low).
3. Stop: the last 10 candles' low (high).
4. 2R target.

How Marketalyx tests it

Detector (H1): close outside the 20-candle channel in the direction of the EMA200; stop at the 10-candle extreme; 2R target.

See real cases on gold and forex →

Related strategies

Pullback to the EMA50 in a trend · MACD cross with EMA200 filter · Supertrend (10, 3) · Ichimoku: Tenkan/Kijun cross with the cloud · Stochastic on a trend pullback

Educational content. No strategy guarantees profits and past performance does not guarantee future results.