A Single-Stock Turtle-Style Rule Using 20-Day Highs and 10-Day Lows

Summary

This strategy description applies a simple price rule to one Chinese stock. It defines a reference high as the highest closing price over the past 20 days and a reference low as the lowest closing price over the past 10 days. The stated entry condition is that the high exceeds the low, with the reverse comparison given as the exit condition. Orders are described as buying at the open and selling at the close, using daily stock bars and a specified historical backtest period.

The page labels the idea as a Turtle strategy, but it does not describe the classic channel-breakout rules or provide enough detail to assess position sizing, holdings, transaction costs, or signal timing. The conditions as written also do not explain how the comparisons produce distinct, actionable entry and exit signals. A backtest chart is mentioned, but no performance statistics or interpretation are included, so the document offers a rule specification rather than evidence of an effective strategy.

Key ideas

• The rule compares a 20-day highest close with a 10-day lowest close.
• It specifies buying when the high exceeds the low and exiting on the reverse comparison.
• The described schedule places buys at the open and sells at the close.
• The page does not provide performance statistics or explain position sizing and costs.
• The signal wording is insufficient to establish how the conditions create distinct trading decisions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.