Turbo TurtleTurbo Turtle Turbo Turtle is a proprietary risk management for FOREX market | |
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Turbo Turtle Ranking & Summary
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- License:
- Freeware
- Publisher Name:
- The Trading Coach
- Publisher web site:
- Operating Systems:
- Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000,WinXP
- File Size:
- 0.85 KB
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Turbo Turtle Description
Turbo Turtle is a proprietary risk management for FOREX market Turbo Turtle is a proprietary risk management for FOREX market and is based on a PVM (Percentage Volatility Model). 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.
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