Web Trader MT5
A Turtle Channel marks the highest high and lowest low reached during a chosen number of periods. It is closely linked to the breakout rules used by the famous Turtle Trading system. A 20-day upper line, for example, shows the highest price from the latest 20 days. A move above it may be treated as an entry signal, while a break below another channel length may provide an exit. Unlike a manually drawn trend channel, its boundaries are calculated directly from recent highs and lows. The method can capture large trends, but sideways markets may create repeated breakouts that quickly fail.
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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