Richard Dennis / Original Turtles (Free Rules Project)Not recommended 1D

Turtle Trading. System 1 (long side)

36.2%Win rate
47Trades
3.92Profit factor
+111.5%Return · hold +5838.8%
4.9%Drawdown

Account curve

BNBUSDT · 1D · 8.5 years
+111.5%47 trades · trailed holding by 5727.3 pts
StrategyBuy & hold

Verdict

36.2%win rate
Not recommended
Win rate 50% or above (not passed)36.2%
Ended in profit (passed)+111.5%
More than 50 trades (not passed)47

Wins and losses

17of 47 won
Wins 17Losses 30
Drawdown5%
Hold drawdown68%
Time in market42%

Rules

Timeframe1D
1D
Setup / filterno separate filter, the entry rule is the whole setup
no separate filter, the entry rule is the whole setup
Entryclose breaks above the 20-candle range → market at the next candle open
close breaks above the 20-candle range → market at the next candle open
Stop2 × ATR(20) from entry
2 × ATR(20) from entry
Target / exitTarget: no fixed target · Rule exit: a close below the 10-candle low closes the trade at the next open
Target: no fixed target · Rule exit: a close below the 10-candle low closes the trade at the next open
Risk1% of equity risked to the stop
1% of equity risked to the stop

Differences from the video

5
Shown on every result

The Turtles traded futures both ways; a short breakout cannot be executed on Spot, so only the long side is tested.

The published system adds up to 4 units at 1/2 N intervals and reduces size in correlated markets; this test trades a single unit, so returns are smaller and smoother than the original.

Turtles risked 1% of equity per N of volatility; this test uses the app's fixed 1% risk-per-trade sizing, which is the same idea expressed through the stop distance.

The original System 1 skips a breakout when the previous breakout would have been a winner; that filter needs trade history at signal time and is NOT applied.

They traded liquid futures (bonds, metals, currencies); this test runs on the crypto pair you named.

Rules executed5
Published sources2

Sources

Every backtest of these rules