Ninja Turtle Scalper EA
Donchian Channel breakouts in the spirit of the legendary Turtle Traders — as a scalper.
About this EA
The Ninja Turtle Scalper uses the Donchian Channel to find entry signals — the same indicator that made the legendary Turtle Traders famous. Simple in concept, proven in practice, and now built right into MT5.
If you have always wanted to use the Donchian signals as a scalping entry trigger, this is the EA for you. Important: live results can differ from backtests. The strategy uses a very tight trailing stop, which can lead to slippage around news events and fast moves.
Heads up
Very tight trailing stop — slippage can occur around news and fast moves.
Tutorial video
Disclaimer: I do not recommend specific inputs. The defaults are not necessarily optimal. Different symbols need different inputs. Past performance is not indicative of future results. Never trade with money you cannot afford to lose.