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Username: Maria

Rating:
Guru Stars

Asked to: Tom Burke

Date Created: 16 Aug 2018
Category 28
Tag Financial
Question What is a 'Turtle Channel'?
Advice from Guru
Hi Maria,

The Turtle Channel is an indicator similar to a Donchian Channel except that it uses differing periods for the highest high band and lowest low band. The upper band and lower band define the channel which moves along with the price bars. The name for the indicator comes from the Turtle Traders who used the channel for their trading system’s entry and exit signals.

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