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Turtle trading is not based on support and resistance lines or areas of congestion. Turtle trading is not based on Fibonacci numbers, the golden mean, nor is it related to the works of Gann or Elliott. The following predictive indicators are not used in Turtle trading:

No Bollinger bands No RSI No MACD No OBV No stochastics No ROC

No Williams %R No P/E ratios No momentum

No Advance/Decline lines, etc. More ...

These indicators are all designed to predict what a market will do. You can discount all indicators designed to predict a market move. They are not, by themselves, a predictive trading system. Technical indicators are only useful as part of a complete reactive trading system. The Turtle trading system uses a straightforward reactive, technical indicator as part of an overall-trading plan. The only true method for trading is a long term trend following system that reacts to the market.

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Don't fixate on the technical indicator used in any trend following system. It's important, but it is not the key. It's the tool, but not the kit. Moreover, by itself, a technical indicator is meaningless.

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