My adaptation of the Turtle S1 trading system for long positions only.
- SPY 50DMA > SPY 200DMA
- Quarterly Industry performance is > Quarterly SPY performance
- Mechanical screener
- Intraday break above 20D high
- The previous break above its 20D high failed by falling back to its 2x ATR stop or 10D low
- Exit the trade if the price drops below the 10D low or the 2x ATR stop is hit, whichever comes first
- Intraday counts, these criteria do not need to be on a closing basis