I agree that the idea is simple.
Trade any breakout above/below a 20 or 55 day High/Low.
Yet the adding of entry positions as the trade moves in a positive direction, together with the money management suggested in the books I read by Michael Covel make the whole of the strategy a bit more complicated.
I believe it is not only for stocks but any market showing regular trends, as the forex market does.
Also commodities were among that traded by the turtles.
I plan on writing the script myself since I originally only downloaded Zorro to backtest the strategy, what I would like to know is if I will be able to tell Zorro for instance to start on a certain account balance, or must that be programmed via a seperate variable that is then monitored by the script?