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The Turtle Trading Channel Metatrader 4 Indicator

The Turtle channel is an trend following indicator for MT4 based on the original Turtle trading rules.

It provides traders with simple buy and sell rules.

The indicator works on any currency pair.

Trading Signals

BUY: In uptrends: Open long when the Turtle line turns blue. Exit position when the currency pair hits the dotted up trending exit line.
SELL: In downtrends: Open short when the Turtle line turns red. Exit position when the currency pair hits the dotted down trending exit line.

Use in conjunction with trend analysis tools to determine the primary trend. Don’t use the Turtle channel indicator against the primary trend.

Download

Download the Turtle Trading Channel.mq4 indicator.

EUR/USD Daily Chart Example

theturtletradingchannel-metatrader4

How to install the Turtle Trading Channel custom indicator in Metatrader 4?

  • Download the Turtle Trading Channel.mq4 indicator to your computer.
  • Open your Metatrader 4 platform.
  • Open the data folder from the top menu.
  • Open the MQL4 folder.
  • Open the indicators folder.
  • Paste the indicator file in this folder.
  • Restart the trading platform.
  • Open any trading chart.
  • Attach the indicator to the chart.