Turbo Turtle 1.1
Free Version
Publisher 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 dont use this feature depending on your temperament and financial situation.
* This is the Forex software your broker provides you.
About Turbo Turtle
Turbo Turtle is a free software published in the Accounting & Finance list of programs, part of Business.
This Accounting & Finance program is available in English. It was last updated on 19 March, 2024. Turbo Turtle is compatible with the following operating systems: Windows.
The company that develops Turbo Turtle is the-trading-coach. The latest version released by its developer is 1.1. This version was rated by 2 users of our site and has an average rating of 2.5.
The download we have available for Turbo Turtle has a file size of 872.45 KB. Just click the green Download button above to start the downloading process. The program is listed on our website since 2005-09-04 and was downloaded 160 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded software with your antivirus. Your antivirus may detect the Turbo Turtle as malware if the download link is broken.
How to install Turbo Turtle on your Windows device:
- Click on the Download button on our website. This will start the download from the website of the developer.
- Once the Turbo Turtle is downloaded click on it to start the setup process (assuming you are on a desktop computer).
- When the installation is finished you should be able to see and run the program.
