Turbo Turtle 1.1
Turbo Turtle™, our proprietary risk management for FOREX market
Turbo Turtle™, our proprietary risk management for FOREX market is based on a Percentage Volatility Model (PVM). It is a variant of a standard deviation mathematical model. Volatility as a central dispersion measurement of the mean is used.
The Trading CoachPublisher:
Freeware Licence:
Windows,UnixOS:
setup.exe - 852KBFile-Size:
September 4, 2005 Date Added:
Major UpdateTurbo Turtle Release status:
Turbo Turtle 1.1 Description:
We try to break the barrier with this product and also try to educate individual traders the often their limitation is not only in monetary terms but with proper methodology and mindset.
Turbo Turtle™, our proprietary risk management for FOREX market is based on a Percentage Volatility Model (PVM). It is a variant of a standard deviation mathematical model.
Volatility as a central dispersion measurement of the mean is used in many mathematical models and it is crucial to analyze the dispersion on any time series.
For our purpose a very important factor to take it into account when trading is to place adequate stop orders and finding appropriate entry and exit levels. Since supply and demand drives markets in general, it is our commitment to discover the true volatility of the market once a trend has been defined. Turbo Turtle™ utilizes algorithms to assess that volatility. By doing this, certain trades are either denied or accepted based on a percentage in relationship to risk/reward parameters, which are set in advance.
Account Size – select either full ($100,000 lot) or ($10,000 mini lot)
Position Type – long or short
Account Balance – must be the figure from the Forex trading account for the current day.
Price – type in the Forex rate bought or sold prior
The Percent risk on the position will come up after the calculation, risks over 2.19 are not advisable to take. Notice this figure changes depending on your Account Balance.
The other side of the panel has three levels of Price Targets and Stops pre-calculated. The
Target prices can be entered in your Forex software* at the first purchase time.
Notice - We recommend profit targets on the first two positions and no target on the last one. The profit targets will limit your overall return but also lessen the drawdown for this system. Use or don’t use this feature depending on your temperament and financial situation.
* This is the Forex software your broker provides you.
Turbo Turtle™, our proprietary risk management for FOREX market is based on a Percentage Volatility Model (PVM). It is a variant of a standard deviation mathematical model.
Volatility as a central dispersion measurement of the mean is used in many mathematical models and it is crucial to analyze the dispersion on any time series.
For our purpose a very important factor to take it into account when trading is to place adequate stop orders and finding appropriate entry and exit levels. Since supply and demand drives markets in general, it is our commitment to discover the true volatility of the market once a trend has been defined. Turbo Turtle™ utilizes algorithms to assess that volatility. By doing this, certain trades are either denied or accepted based on a percentage in relationship to risk/reward parameters, which are set in advance.
Account Size – select either full ($100,000 lot) or ($10,000 mini lot)
Position Type – long or short
Account Balance – must be the figure from the Forex trading account for the current day.
Price – type in the Forex rate bought or sold prior
The Percent risk on the position will come up after the calculation, risks over 2.19 are not advisable to take. Notice this figure changes depending on your Account Balance.
The other side of the panel has three levels of Price Targets and Stops pre-calculated. The
Target prices can be entered in your Forex software* at the first purchase time.
Notice - We recommend profit targets on the first two positions and no target on the last one. The profit targets will limit your overall return but also lessen the drawdown for this system. Use or don’t use this feature depending on your temperament and financial situation.
* This is the Forex software your broker provides you.
Free Download Turbo Turtle 1.1 now!
Turbo Turtle 1.1 Tags:
forex trading trendfollowing risk management money management pyramiding foreign exchange commodities currency exchange
forex trading trendfollowing risk management money management pyramiding foreign exchange commodities currency exchange
Turbo Turtle 1.1 system requirements:
Windows
Windows
Audio & Multimedia
Business
Accounting & Finance
Calculators & Converters
Databases & Tools
Helpdesk & Remote PC
Inventory & Barcoding
Investment Tools
Math & Scientific Tools
Office Suites & Tools
Other
PIMS & Calendars
Project Management
Vertical Market Apps
Communications
Desktop
Development
Education
Games & Entertainment
Graphic Apps
Home & Hobby
Network & Internet
Security & Privacy
Servers
System Utilities
Web Development
Business
Accounting & Finance
Calculators & Converters
Databases & Tools
Helpdesk & Remote PC
Inventory & Barcoding
Investment Tools
Math & Scientific Tools
Office Suites & Tools
Other
PIMS & Calendars
Project Management
Vertical Market Apps
Communications
Desktop
Development
Education
Games & Entertainment
Graphic Apps
Home & Hobby
Network & Internet
Security & Privacy
Servers
System Utilities
Web Development


