{"id":1076,"date":"2023-08-28T00:31:47","date_gmt":"2023-08-27T19:01:47","guid":{"rendered":"https:\/\/www.definedgesecurities.com\/trading-strategies\/?p=1076"},"modified":"2025-07-16T19:32:08","modified_gmt":"2025-07-16T14:02:08","slug":"turtle-trading-strategy-short-term-and-long-term","status":"publish","type":"post","link":"https:\/\/www.definedgesecurities.com\/trading-strategies\/turtle-trading-strategy-short-term-and-long-term\/","title":{"rendered":"P&F Turtle trading strategy"},"content":{"rendered":"

Turtle trading is a popular trading method. The whole story and concept of the method is explained here<\/a>.<\/p>\n

Time is not considered while plotting P&F charts. A breakout based on the number of columns can be applied to P&F charts instead of the number of days.<\/p>\n

The turtle breakout pattern on P&F charts is very effective and it is explained here<\/a>.<\/p>\n

A turtle breakout pattern is a very effective positional trading strategy.<\/p>\n

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Below is a possible strategy in the Momentify Trading setup.<\/p>\n

Strategy Name:<\/strong> P&F Turtle Breakout Strategy<\/p>\n

Stock Group:<\/strong> Your choice<\/p>\n

Allocation:<\/strong> Your choice<\/p>\n

Number of Stocks:<\/strong> Your choice<\/p>\n

Rank Criteria:<\/strong> Volar<\/p>\n

Position Size:<\/strong> Fixed<\/p>\n

Ranking Period:<\/strong> 252<\/p>\n

Retracement:<\/strong> Within 50% of 52-week high<\/p>\n

Moving Average Filter:<\/strong> 200-EMA<\/p>\n

Relative Strength:<\/strong> Above D Smart<\/p>\n

Entry Condition:<\/strong> Turtle Breakout – Bullish<\/p>\n

Exit Condition:<\/strong> Below D Smart<\/p>\n

Market Trend Filter:<\/strong> Change the exit strategy to Double Bottom Sell or High Pole when Nifty turns bearish, or when X% breadth rises above 75, or X% breadth falls below its moving average.<\/p>\n

Please note:<\/strong> When using Point & Figure charts, the box-value can be defined based on the stock universe:<\/p>\n