Turtle Zone Indicator

Turtle Zone is a proprietary indicator created by trader Andrey Yard (original script on TradingView).

It builds an adaptive price channel that automatically widens or narrows depending on the current market volatility. When the market is calm, the zones become narrower. When volatility rises and price movement intensifies, the channel expands — clearly showing where the “safe boundaries” of price movement lie.

Principle

The idea behind Turtle Zone is based on observing how price behaves around the market’s average equilibrium. Unlike static indicators that use a fixed channel width, Turtle Zone dynamically adjusts its boundaries according to the volatility of the asset.

• The upper zone represents an overbought area, where the price has moved too far above the norm.
• The lower zone represents an oversold area, where the price has dropped too far and a rebound becomes more likely.
• The wider the zones, the higher the market turbulence. The narrower they are, the more stable the market.

In essence, the indicator helps visualize market context — whether the asset is in a calm phase, an impulse, overheated, or in deep correction.

Signal Interpretation

Event	Meaning	Possible Action
Price touches the lower zone	Asset is oversold, potential rebound upward	Long
Price touches the upper zone	Asset is overbought, possible pullback	Short
Breakout above outer zone	Start or continuation of a bullish trend	Confirm Long
Breakout below outer zone	Downtrend strengthening or reversal phase	Confirm Short
Price returns inside the band	Momentum fading, consolidation phase	Pause / Take profit

How to Use Turtle Zone with Veles Bots

1. Entry by Reversion Zones (Mean Reversion)

1. Add a filter: Turtle Zone.
2. Combine it with filters like RVI, CCI, or ATR% to avoid false entries.

2. Entry by Breakout (Trend Continuation)

1. Add a filter: Turtle Zone.
2. Enable the Reverse Signal option.
3. Combine with RVI, CCI, or ATR% to filter weak breakouts.

3. Exit by Breakout (Trend Continuation)

1. Configure Exit by Signal: — if price breaks above the upper boundary, close Short, — if price breaks below the lower boundary, close Long.
2. Set a minimum P&L (e.g. ≥ 0.3%) to prevent premature exits.

Example Combinations

• Turtle Zone + ADX — filters only strong trends, excludes flat markets.
• Turtle Zone + RVI Levels — provides precise entry timing when the impulse and zone align.
• Turtle Zone + CMO or CCI — helps identify whether a move is a pullback or a continuing impulse.

Advantages

• Adapts to volatility — the channel “breathes” with the market.
• Combines reversal and trend continuation logic in one tool.
• Resistant to market noise due to built-in smoothing.
• Works on any timeframe — from 5-minute to daily charts.

Caution

• During strong volume spikes, false breakouts are possible — it’s recommended to use alongside a trend-strength filter.
• On low timeframes, confirmation from other indicators (RSI, RVI, ADX) is advised.

Conclusion

The Turtle Zone indicator is a modern evolution of the Mean Reversion Channel concept — it combines average deviation logic, adaptive volatility, and advanced smoothing (Ehlers method).

It helps visualize not just the direction of movement but the risk boundaries — showing where an asset is truly overheated or undervalued.

On the Veles.Finance platform, Turtle Zone can be used as:

• an entry filter based on reversion zones,
• an exit signal upon channel breakout,
• or a component in a multi-filter setup with ADX, RVI, and ATR%.

See also:

• ANDREY YARD | The Turtle’s Way 🐢
• TradingView Script