Turtle Trading Scan

S&P 500 · trend-following breakout screen · generated 2026-07-24 15:23 UTC

Overview

Symbols scanned

501

S1 breakouts (20d)

S1 near breakout

S2 breakouts (55d)

S2 near breakout

Avg volatility (N%)

3.3%

Position sizing

One Unit risks 1% of your portfolio per N of movement. Enter your portfolio size and the Unit (shares) and Unit cost columns below recalculate for your account.

Portfolio size ($)

Risk per Unit: $100 (1% of portfolio) · a full 2N stop-out loses about $200 (2%). Your entry is remembered on this device.

Very quiet stocks can imply a Unit costing more than your whole portfolio — the original Turtles traded futures on margin, where that's possible. In a cash account it isn't, so those rows are capped at the shares you can afford and flagged capped (hover the flag for your actual, sub-2% risk).

System 1 — 20-day breakout

Faster system: enter on a close above the prior 20-day high; exit on a close below the prior 10-day low. "Near" = within ½N of the breakout level.

Showing the top 25 of 61 signals (sorted by distance to breakout).

Symbol	Status	Close	20d high	Distance (×N)	Distance (%)	N ($)	N (%)	2N stop	Unit (shares)	Unit cost	Exit (10d low)
SLB	Broken out	51.69	48.73	-1.91	-5.72%	1.55	3%	48.59	64	$3,308	45.18
DLR	Broken out	205.87	195.56	-1.82	-5.01%	5.67	2.75%	194.53	17	$3,500	171.03
TRV	Broken out	385.01	378.66	-0.75	-1.65%	8.51	2.21%	367.99	11	$4,235	325.39
LDOS	Broken out	114.08	111.3	-0.71	-2.44%	3.9	3.42%	106.28	25	$2,852	103.9
ABT	Broken out	103.88	102.46	-0.51	-1.37%	2.77	2.67%	98.34	36	$3,740	87.64
ALL	Broken out	260.18	257.67	-0.43	-0.97%	5.89	2.26%	248.4	16	$4,163	236.22
WAB	Broken out	301.44	298.15	-0.41	-1.09%	7.94	2.63%	285.56	12	$3,617	255.76
VTR	Broken out	99.6	98.84	-0.38	-0.76%	2	2.01%	95.6	50	$4,980	89.56
LMT	Broken out	581.69	576	-0.35	-0.98%	16.11	2.77%	549.47	6	$3,490	487.15
T	Broken out	23.88	23.65	-0.32	-0.94%	0.71	2.97%	22.46	140	$3,342	20.62
WRB	Broken out	75.36	74.82	-0.32	-0.71%	1.65	2.19%	72.06	60	$4,521	68.56
EMR	Broken out	148.56	147.34	-0.29	-0.82%	4.18	2.81%	140.2	23	$3,417	133.55
J	Broken out	136.07	135.16	-0.26	-0.67%	3.52	2.59%	129.03	28	$3,810	124.47
JPM	Broken out	352.67	351.24	-0.2	-0.41%	7.3	2.07%	338.07	13	$4,585	325.75
TXT	Broken out	95.7	95.29	-0.17	-0.43%	2.4	2.51%	90.9	41	$3,924	88.25
BAC	Broken out	62.21	62.12	-0.08	-0.14%	1.19	1.91%	59.83	84	$5,226	58.67
FE	Broken out	49.94	49.87	-0.08	-0.14%	0.88	1.76%	48.18	113	$5,643	47.59
HWM	Broken out	289.28	288.66	-0.07	-0.21%	8.64	2.99%	272	11	$3,182	265.01
IR	Near	85.09	85.1	0	0.01%	2.59	3.04%	79.92	38	$3,233	77.24
RTX	Near	213.48	213.49	0	0%	5.27	2.47%	202.95	18	$3,843	190.02
CEG	Near	278.12	278.19	0.01	0.03%	9.53	3.43%	259.13	10	$2,781	244.95
DUK	Near	130.33	130.37	0.02	0.03%	2.25	1.73%	125.87	44	$5,735	124.1
EOG	Near	147.35	147.45	0.03	0.06%	3.54	2.4%	140.37	28	$4,126	132.55
PCAR	Near	133.37	133.49	0.04	0.09%	3.23	2.42%	127.03	30	$4,001	122.4
BMY	Near	62.19	62.29	0.06	0.15%	1.5	2.41%	59.29	66	$4,105	56.78

System 2 — 55-day breakout

Slower, higher-conviction system: enter on a close above the prior 55-day high; exit on a close below the prior 20-day low. "Near" = within ½N of the breakout level.

Showing the top 25 of 42 signals (sorted by distance to breakout).

Symbol	Status	Close	55d high	Distance (×N)	Distance (%)	N ($)	N (%)	2N stop	Unit (shares)	Unit cost	Exit (20d low)
DLR	Broken out	205.87	201.26	-0.81	-2.24%	5.67	2.75%	194.53	17	$3,500	171.03
TRV	Broken out	385.01	378.66	-0.75	-1.65%	8.51	2.21%	367.99	11	$4,235	318.16
ABT	Broken out	103.88	102.46	-0.51	-1.37%	2.77	2.67%	98.34	36	$3,740	87.64
ALL	Broken out	260.18	257.67	-0.43	-0.97%	5.89	2.26%	248.4	16	$4,163	230.98
WAB	Broken out	301.44	298.15	-0.41	-1.09%	7.94	2.63%	285.56	12	$3,617	253.52
VTR	Broken out	99.6	98.84	-0.38	-0.76%	2	2.01%	95.6	50	$4,980	86.14
LMT	Broken out	581.69	576	-0.35	-0.98%	16.11	2.77%	549.47	6	$3,490	487.15
WRB	Broken out	75.36	74.82	-0.32	-0.71%	1.65	2.19%	72.06	60	$4,521	68.56
JPM	Broken out	352.67	351.24	-0.2	-0.41%	7.3	2.07%	338.07	13	$4,585	325.01
TXT	Broken out	95.7	95.29	-0.17	-0.43%	2.4	2.51%	90.9	41	$3,924	86.15
BAC	Broken out	62.21	62.12	-0.08	-0.14%	1.19	1.91%	59.83	84	$5,226	56.84
FE	Broken out	49.94	49.87	-0.08	-0.14%	0.88	1.76%	48.18	113	$5,643	46.95
IR	Near	85.09	85.1	0	0.01%	2.59	3.04%	79.92	38	$3,233	75.4
RTX	Near	213.48	213.49	0	0%	5.27	2.47%	202.95	18	$3,843	184.35
DUK	Near	130.33	130.37	0.02	0.03%	2.25	1.73%	125.87	44	$5,735	124.1
EOG	Near	147.35	147.45	0.03	0.06%	3.54	2.4%	140.37	28	$4,126	127.3
PCAR	Near	133.37	133.49	0.04	0.09%	3.23	2.42%	127.03	30	$4,001	117.86
BMY	Near	62.19	62.29	0.06	0.15%	1.5	2.41%	59.29	66	$4,105	55.02
SJM	Near	117.93	118.14	0.07	0.17%	3.12	2.65%	111.9	32	$3,774	107.45
TRGP	Near	289.17	289.66	0.07	0.17%	6.66	2.3%	276.34	15	$4,338	256.02
EG	Near	385.05	385.69	0.08	0.16%	7.78	2.02%	370.13	12	$4,621	340.17
LH	Near	297.82	298.46	0.09	0.21%	7.45	2.5%	283.56	13	$3,872	262.11
GD	Near	386.8	387.69	0.11	0.23%	8.04	2.08%	371.61	12	$4,642	341.94
WELL	Near	249.57	250.12	0.11	0.22%	5.2	2.08%	239.72	19	$4,742	219.33
CSX	Near	53.19	53.31	0.12	0.24%	1.03	1.94%	51.25	97	$5,159	46.01

The Turtle Rules — how to trade these signals

Measure volatility first. N is the 20-day Average True Range — the stock's typical daily dollar move. Every other rule is expressed in N, so position size and risk automatically adapt to each stock's volatility.
Size positions in Units. One Unit risks 1% of your account per N of movement: shares = (1% of account) ÷ N. Enter your portfolio size in the Position sizing box above and the "Unit (shares)" and "Unit cost" columns show this for your account. A volatile stock gets fewer shares; a quiet one gets more — equal risk either way.
Enter on the breakout. System 1: buy when price breaks above the prior 20-day high. System 2: buy when price breaks above the prior 55-day high. Never anticipate — wait for the level to actually break.
Always use the 2N stop. Place a stop-loss 2N below your entry (the "2N stop" column). With Unit sizing, being stopped out costs about 2% of your account — a survivable loss, every time.
Pyramid winners, never losers. Add one Unit each time price moves ½N in your favor, up to a maximum of 4 Units per stock. After each add, raise the stop to 2N below your most recent entry.
Exit only at the channel low. System 1 exits on a close below the prior 10-day low; System 2 below the prior 20-day low (the "Exit" column). No profit targets — the big trends pay for all the small losses, and you must let them run.
Respect the portfolio limits. Max 4 Units in one stock, 6 Units in closely correlated stocks, and 12 Units in one direction overall. Diversification of breakouts is part of the system.

This scan is long-only. The original System 1 filter (skip the signal if the last S1 breakout was a winner) is omitted — it depends on your own trade history; System 2 signals are always taken. Losing streaks are normal: the system profits from a few large trends, not a high win rate.

Skipped symbols

2 symbol(s) could not be evaluated (fetch error, insufficient history, or unusable volatility):

FDXF (insufficient history), HONA (insufficient history)