OPEN-SOURCE SCRIPT

Turtle System 1 Long & Short (Donchian + N-Stop) + MTF Table V6

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Turtle Trading Long & Short (System 1 – 20/10 Donchian + True 2N Trailing Stop) + Multi-Timeframe Dashboard – Pine Script v6This indicator is a 100 % faithful implementation of the famous original Turtle Trading System 1 (Richard Dennis & William Eckhardt) with the following genuine rules:Entry: 20-period Donchian Channel breakout (using the high/low of the previous completed bars only → [1])
Exit: Classic 10-period Donchian opposite breakout OR hit of the volatility-based stop
Risk Management: True 2N trailing stop (N = 20-period ATR). The stop is pulled tighter on every new favorable extreme (real Turtle trailing – not fixed!)
Fully dynamic position tracking (Long / Short / Flat) on the chart’s timeframe
Visual signals: green/red triangles for entries, diamonds for exits, trailing stop line, entry labels with current N and stop price

Unique Feature – Multi-Timeframe (MTF) Status Table
A clean table in the top-right corner instantly shows the current Turtle position status on five higher timeframes simultaneously:Turtle MTF
1H
4H
8H
1D
1W
Status
LONG / SHORT / FLAT (color-coded)

This allows you to see at a glance whether higher timeframes are already in a Turtle trend – perfect for trend confirmation, filtering, or multi-timeframe trading.Key Visual ElementsLime upper Donchian line (20-period high)
Red lower Donchian line (10-period low)
Gray channel fill
Fuchsia trailing 2N stop line (moves only in favorable direction)
Entry labels showing current N-value and exact stop price
Arrows and diamonds for entries/exits

Alerts
Two ready-to-use alert conditions:“Turtle Long Entry”
“Turtle Short Entry”

Works on any market and any chart timeframe (stocks, forex, futures, crypto).
Completely written and tested in Pine Script version 6.A true, clean, no-nonsense Turtle System 1 with real trailing volatility stops and a powerful higher-timeframe dashboard – exactly how the original Turtles traded (only better visualized)! Enjoy the trends!

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