Turtle MTF Donchian plus ATR

What you’re looking at

This indicator is a Turtle-style breakout system:

Donchian Channels = breakout levels (entry signals)

ATR = how far to place your Stop Loss and Take Profit (or Donchian exit if you turn that on)

And it can do it on a different timeframe than your chart (MTF).

Step-by-step: how it works
1) You choose your “Signal Timeframe”

In settings:

Signal Timeframe = 1 → signals are based on 1 minute

5 → based on 5 minute

60 → 1 hour

D → daily

✅ You can be on a 1m chart but set signals to D if you want only swing signals.

2) It builds the Donchian breakout levels

It calculates:

Donchian High = the highest high of the last entryLen candles (default 20), excluding the current candle

Donchian Low = the lowest low of the last entryLen candles, excluding current candle

Those two lines are your breakout “walls”.

3) It waits for a REAL breakout (fresh cross)

A long setup triggers only when:

price crosses ABOVE the Donchian High (not just stays above)

A short setup triggers only when:

price crosses BELOW the Donchian Low

✅ This reduces spam signals.

4) It calculates ATR on the same signal timeframe

ATR is volatility. Bigger ATR = bigger stop/target.

Defaults:

ATR length = 20

5) It creates your Entry / SL / TP levels automatically

When a LONG triggers:

Entry = Donchian High

Stop Loss = Entry − (SL mult × ATR)
(default SL mult is 2 → so 2×ATR stop)

Take Profit (if you’re using TP mode) = Entry + (TP mult × ATR)

When a SHORT triggers:

Entry = Donchian Low

Stop Loss = Entry + (SL mult × ATR)

Take Profit = Entry − (TP mult × ATR)

6) It prints it on the chart (easy mode)

When a signal happens it will:

Drop a label that says LONG or SHORT

Show the numbers:

Entry

SL

TP (or Donchian exit level)

Draw horizontal lines for Entry / SL / TP (latest signal only)

7) It can use “true Turtle exit” if you want

If you turn ON:
Use Turtle Exit Rule

Then it does NOT use a fixed TP.
Instead it says:

Long: exit when price breaks below the Donchian exit low (default exitLen = 10)

Short: exit when price breaks above the Donchian exit high

That’s the classic “let winners run” vibe.

8) Alerts (Option A)

You can set alerts for:

Turtle Long

Turtle Short

Those alerts are simple and reliable (no dynamic text).

How YOU would use it (quick examples)
If you trade 1m intraday

Chart: 1m

Signal Timeframe: 1

Try entryLen: 40–60 (less choppy than 20)

ATR: 14–20

SL: 2×ATR

If you want daily swings too

Chart: 1m (for execution)

Signal Timeframe: D (for direction/entries)

That gives you swing breakouts while you watch intraday.