Expert Advisor
4.88/5
132 total votes.
A Sold-Out Expert Advisor!

To read the full Turtle Story and Original Turtle Trader Rules you can visit its official website.

Trading Idea

A trend following system just as the Turtles used to trade.

Specifications

License

Non-expiring One live account with Demo compatibility.

Updates

Free Lifetime software updates.

Support

Cultivated customer service and technical support.

Brokerage Account Recommendations

For those accounts with less than $10,000 balance, they should support 100 unit lot size or $0.01 per pip to allow you to trade at the same risk level as that of the Turtle Trader of no more than 2% per trade.

Supported Currency Pairs

EUR/USD, GBP/USD, USD/CHF, USD/JPY, USD/CAD, AUD/USD, NZD/USD

MetaTrader Chart Timeframe

D1

Historical Data Backtests

View Full Backtest

Backtests Settings

Symbol
USDJPY (US Dollar vs Japanese Yen)
Period
Daily (D1) 2014.01.02 00:00 - 2014.12.30 00:00 (2014.01.01 - 2014.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1260
Ticks modelled
31944797
Modelling quality
50.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
4286.81
Gross profit
5371.34
Gross loss
-1084.53
Profit factor
4.95
Expected payoff
306.20
Absolute Bal DD
1087.56
Maximal Bal DD
2772.61 (18.81%)
Relative Bal DD
18.81% (2772.61)
Total Trades
14
Short positions (won %)
3 (0.00%)
Long positions (won %)
11 (72.73%)
Profit trades (% of total)
8 (57.14%)
Loss trades (% of total)
6 (42.86%)
Largest Profit trade
833.04
Largest Loss trade
-202.67
Average Profit trade
671.42
Average Loss trade
-180.76
Maximum consecutive wins (profit in money)
8 (5371.34)
Maximum consecutive losses (loss in money)
6 (-1084.53)
Maximal consecutive profit (count of wins)
5371.34 (8)
Maximal consecutive loss (count of losses)
-1084.53 (6)
Avarage consecutive wins
8
Avarage consecutive losses
6
View Full Backtest

Backtests Settings

Symbol
AUDUSD (Australian Dollar vs US Dollar)
Period
Daily (D1) 2014.01.02 00:00 - 2014.12.30 00:00 (2014.01.01 - 2014.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1260
Ticks modelled
28648786
Modelling quality
50.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
1402.76
Gross profit
3400.20
Gross loss
-1997.44
Profit factor
1.70
Expected payoff
56.11
Absolute Bal DD
1586.38
Maximal Bal DD
2474.74 (19.71%)
Relative Bal DD
19.87% (2086.10)
Total Trades
25
Short positions (won %)
16 (50.00%)
Long positions (won %)
9 (33.33%)
Profit trades (% of total)
11 (44.00%)
Loss trades (% of total)
14 (56.00%)
Largest Profit trade
604.62
Largest Loss trade
-206.80
Average Profit trade
309.11
Average Loss trade
-142.67
Maximum consecutive wins (profit in money)
4 (2120.40)
Maximum consecutive losses (loss in money)
6 (-835.12)
Maximal consecutive profit (count of wins)
2120.40 (4)
Maximal consecutive loss (count of losses)
-835.12 (6)
Avarage consecutive wins
4
Avarage consecutive losses
5
View Full Backtest

Backtests Settings

Symbol
NZDUSD (New Zealand Dollar vs US Dollar)
Period
Daily (D1) 2014.01.02 00:00 - 2014.12.30 00:00 (2014.01.01 - 2014.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1260
Ticks modelled
25942387
Modelling quality
50.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
2900.42
Gross profit
4235.94
Gross loss
-1335.52
Profit factor
3.17
Expected payoff
181.28
Absolute Bal DD
1496.18
Maximal Bal DD
2734.30 (24.33%)
Relative Bal DD
24.33% (2734.30)
Total Trades
16
Short positions (won %)
8 (50.00%)
Long positions (won %)
8 (37.50%)
Profit trades (% of total)
7 (43.75%)
Loss trades (% of total)
9 (56.25%)
Largest Profit trade
1074.07
Largest Loss trade
-205.80
Average Profit trade
605.13
Average Loss trade
-148.39
Maximum consecutive wins (profit in money)
4 (3993.04)
Maximum consecutive losses (loss in money)
7 (-933.68)
Maximal consecutive profit (count of wins)
3993.04 (4)
Maximal consecutive loss (count of losses)
-933.68 (7)
Avarage consecutive wins
4
Avarage consecutive losses
5
View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
Daily (D1) 2014.01.02 00:00 - 2014.12.30 00:00 (2014.01.01 - 2014.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1260
Ticks modelled
17179090
Modelling quality
50.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
1140.13
Gross profit
3214.05
Gross loss
-2073.92
Profit factor
1.55
Expected payoff
45.61
Absolute Bal DD
1477.55
Maximal Bal DD
4159.47 (32.80%)
Relative Bal DD
32.80% (4159.47)
Total Trades
25
Short positions (won %)
8 (12.50%)
Long positions (won %)
17 (47.06%)
Profit trades (% of total)
9 (36.00%)
Loss trades (% of total)
16 (64.00%)
Largest Profit trade
615.04
Largest Loss trade
-187.65
Average Profit trade
357.12
Average Loss trade
-129.62
Maximum consecutive wins (profit in money)
4 (2196.30)
Maximum consecutive losses (loss in money)
10 (-1124.71)
Maximal consecutive profit (count of wins)
2196.30 (4)
Maximal consecutive loss (count of losses)
-1124.71 (10)
Avarage consecutive wins
3
Avarage consecutive losses
8
View Full Backtest

Backtests Settings

Symbol
GBPUSD (Great Britain Pound vs US Dollar)
Period
Daily (D1) 2014.01.02 00:00 - 2014.12.30 00:00 (2014.01.01 - 2014.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1260
Ticks modelled
31227657
Modelling quality
50.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
5555.94
Gross profit
7376.30
Gross loss
-1820.36
Profit factor
4.05
Expected payoff
308.66
Absolute Bal DD
2033.88
Maximal Bal DD
3215.72 (26.34%)
Relative Bal DD
26.34% (3215.72)
Total Trades
18
Short positions (won %)
4 (100.00%)
Long positions (won %)
14 (0.00%)
Profit trades (% of total)
4 (22.22%)
Loss trades (% of total)
14 (77.78%)
Largest Profit trade
1921.17
Largest Loss trade
-209.44
Average Profit trade
1844.08
Average Loss trade
-130.03
Maximum consecutive wins (profit in money)
4 (7376.30)
Maximum consecutive losses (loss in money)
14 (-1820.36)
Maximal consecutive profit (count of wins)
7376.30 (4)
Maximal consecutive loss (count of losses)
-1820.36 (14)
Avarage consecutive wins
4
Avarage consecutive losses
14
View Full Backtest

Backtests Settings

Symbol
EURUSD (Euro vs US Dollar)
Period
Daily (D1) 2014.01.02 00:00 - 2014.12.30 00:00 (2014.01.01 - 2014.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1260
Ticks modelled
29917692
Modelling quality
50.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
9369.27
Gross profit
10415.20
Gross loss
-1045.93
Profit factor
9.96
Expected payoff
851.75
Absolute Bal DD
1146.73
Maximal Bal DD
3092.00 (18.59%)
Relative Bal DD
18.59% (3092.00)
Total Trades
11
Short positions (won %)
8 (50.00%)
Long positions (won %)
3 (0.00%)
Profit trades (% of total)
4 (36.36%)
Loss trades (% of total)
7 (63.64%)
Largest Profit trade
2680.20
Largest Loss trade
-204.34
Average Profit trade
2603.80
Average Loss trade
-149.42
Maximum consecutive wins (profit in money)
4 (10415.20)
Maximum consecutive losses (loss in money)
7 (-1045.93)
Maximal consecutive profit (count of wins)
10415.20 (4)
Maximal consecutive loss (count of losses)
-1045.93 (7)
Avarage consecutive wins
4
Avarage consecutive losses
7
View Full Backtest

Backtests Settings

Symbol
USDCHF (US Dollar vs Swiss Franc)
Period
Daily (D1) 2014.01.02 00:00 - 2014.12.30 00:00 (2014.01.01 - 2014.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1260
Ticks modelled
28836898
Modelling quality
50.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
7799.63
Gross profit
8950.84
Gross loss
-1151.21
Profit factor
7.78
Expected payoff
649.97
Absolute Bal DD
1681.65
Maximal Bal DD
3529.25 (22.37%)
Relative Bal DD
22.37% (3529.25)
Total Trades
12
Short positions (won %)
4 (0.00%)
Long positions (won %)
8 (50.00%)
Profit trades (% of total)
4 (33.33%)
Loss trades (% of total)
8 (66.67%)
Largest Profit trade
2312.29
Largest Loss trade
-231.87
Average Profit trade
2237.71
Average Loss trade
-143.90
Maximum consecutive wins (profit in money)
4 (8950.84)
Maximum consecutive losses (loss in money)
8 (-1151.21)
Maximal consecutive profit (count of wins)
8950.84 (4)
Maximal consecutive loss (count of losses)
-1151.21 (8)
Avarage consecutive wins
4
Avarage consecutive losses
8
View Full Backtest

Backtests Settings

Symbol
USDJPYm (US Dollar vs Japanese Yen)
Period
Daily (D1) 2012.01.01 00:00 - 2013.12.30 00:00 (2012.01.01 - 2013.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1627
Ticks modelled
27962912
Modelling quality
34.62%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
13241.78
Gross profit
17752.54
Gross loss
-4510.76
Profit factor
3.94
Expected payoff
294.26
Absolute Bal DD
1081.36
Maximal Bal DD
5822.57 (33.23%)
Relative Bal DD
33.23% (5822.57)
Total Trades
45
Short positions (won %)
15 (6.67%)
Long positions (won %)
30 (43.33%)
Profit trades (% of total)
14 (31.11%)
Loss trades (% of total)
31 (68.89%)
Largest Profit trade
2753.69
Largest Loss trade
-261.53
Average Profit trade
1268.04
Average Loss trade
-145.51
Maximum consecutive wins (profit in money)
5 (4714.00)
Maximum consecutive losses (loss in money)
13 (-1967.48)
Maximal consecutive profit (count of wins)
10686.62 (4)
Maximal consecutive loss (count of losses)
-1967.48 (13)
Avarage consecutive wins
4
Avarage consecutive losses
8
View Full Backtest

Backtests Settings

Symbol
AUDUSDm (Australian Dollar vs US Dollar)
Period
Daily (D1) 2012.01.02 00:00 - 2013.12.30 00:00 (2012.01.01 - 2013.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1627
Ticks modelled
29014365
Modelling quality
n/a
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
3696.38
Gross profit
8411.32
Gross loss
-4714.94
Profit factor
1.78
Expected payoff
69.74
Absolute Bal DD
1816.91
Maximal Bal DD
5917.69 (41.97%)
Relative Bal DD
41.97% (5917.69)
Total Trades
53
Short positions (won %)
28 (42.86%)
Long positions (won %)
25 (32.00%)
Profit trades (% of total)
20 (37.74%)
Loss trades (% of total)
33 (62.26%)
Largest Profit trade
1141.83
Largest Loss trade
-211.97
Average Profit trade
420.57
Average Loss trade
-142.88
Maximum consecutive wins (profit in money)
8 (1698.64)
Maximum consecutive losses (loss in money)
26 (-3565.24)
Maximal consecutive profit (count of wins)
4266.56 (4)
Maximal consecutive loss (count of losses)
-3565.24 (26)
Avarage consecutive wins
5
Avarage consecutive losses
11
View Full Backtest

Backtests Settings

Symbol
NZDUSDm (New Zealand Dollar vs US Dollar)
Period
Daily (D1) 2012.01.02 00:00 - 2013.12.30 00:00 (2012.01.01 - 2013.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1627
Ticks modelled
25440959
Modelling quality
34.59%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
905.99
Gross profit
4812.47
Gross loss
-3906.48
Profit factor
1.23
Expected payoff
21.07
Absolute Bal DD
115.97
Maximal Bal DD
5270.84 (33.13%)
Relative Bal DD
33.13% (5270.84)
Total Trades
43
Short positions (won %)
15 (53.33%)
Long positions (won %)
28 (25.00%)
Profit trades (% of total)
15 (34.88%)
Loss trades (% of total)
28 (65.12%)
Largest Profit trade
819.13
Largest Loss trade
-214.98
Average Profit trade
320.83
Average Loss trade
-139.52
Maximum consecutive wins (profit in money)
8 (4202.25)
Maximum consecutive losses (loss in money)
23 (-3192.09)
Maximal consecutive profit (count of wins)
4202.25 (8)
Maximal consecutive loss (count of losses)
-3192.09 (23)
Avarage consecutive wins
5
Avarage consecutive losses
9
View Full Backtest

Backtests Settings

Symbol
USDCADm (US Dollar vs Canadian Dollar)
Period
Daily (D1) 2012.01.01 00:00 - 2013.12.30 00:00 (2012.01.01 - 2013.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1627
Ticks modelled
21168658
Modelling quality
34.62%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
-1652.43
Gross profit
2724.77
Gross loss
-4377.19
Profit factor
0.62
Expected payoff
-33.72
Absolute Bal DD
2440.78
Maximal Bal DD
5176.93 (40.65%)
Relative Bal DD
40.65% (5176.93)
Total Trades
49
Short positions (won %)
18 (33.33%)
Long positions (won %)
31 (38.71%)
Profit trades (% of total)
18 (36.73%)
Loss trades (% of total)
31 (63.27%)
Largest Profit trade
365.07
Largest Loss trade
-207.76
Average Profit trade
151.38
Average Loss trade
-141.20
Maximum consecutive wins (profit in money)
8 (1721.83)
Maximum consecutive losses (loss in money)
16 (-2146.51)
Maximal consecutive profit (count of wins)
1721.83 (8)
Maximal consecutive loss (count of losses)
-2146.51 (16)
Avarage consecutive wins
5
Avarage consecutive losses
10
View Full Backtest

Backtests Settings

Symbol
GBPUSDm (Great Britain Pound vs US Dollar)
Period
Daily (D1) 2012.01.01 00:00 - 2013.12.30 00:00 (2012.01.01 - 2013.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1627
Ticks modelled
33379132
Modelling quality
34.62%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
-2066.93
Gross profit
4500.01
Gross loss
-6566.94
Profit factor
0.69
Expected payoff
-32.30
Absolute Bal DD
3725.80
Maximal Bal DD
4250.68 (40.39%)
Relative Bal DD
40.39% (4250.68)
Total Trades
64
Short positions (won %)
21 (23.81%)
Long positions (won %)
43 (20.93%)
Profit trades (% of total)
14 (21.88%)
Loss trades (% of total)
50 (78.13%)
Largest Profit trade
769.06
Largest Loss trade
-202.57
Average Profit trade
321.43
Average Loss trade
-131.34
Maximum consecutive wins (profit in money)
4 (2777.83)
Maximum consecutive losses (loss in money)
20 (-2746.07)
Maximal consecutive profit (count of wins)
2777.83 (4)
Maximal consecutive loss (count of losses)
-2746.07 (20)
Avarage consecutive wins
3
Avarage consecutive losses
10
View Full Backtest

Backtests Settings

Symbol
EURUSDm (Euro vs US Dollar)
Period
Daily (D1) 2012.01.01 00:00 - 2013.12.30 00:00 (2012.01.01 - 2013.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1627
Ticks modelled
36133424
Modelling quality
50.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
-3334.02
Gross profit
1658.79
Gross loss
-4992.81
Profit factor
0.33
Expected payoff
-70.94
Absolute Bal DD
3334.02
Maximal Bal DD
5295.63 (44.27%)
Relative Bal DD
44.27% (5295.63)
Total Trades
47
Short positions (won %)
20 (20.00%)
Long positions (won %)
27 (18.52%)
Profit trades (% of total)
9 (19.15%)
Loss trades (% of total)
38 (80.85%)
Largest Profit trade
347.43
Largest Loss trade
-200.90
Average Profit trade
184.31
Average Loss trade
-131.39
Maximum consecutive wins (profit in money)
4 (1090.30)
Maximum consecutive losses (loss in money)
22 (-2968.88)
Maximal consecutive profit (count of wins)
1090.30 (4)
Maximal consecutive loss (count of losses)
-2968.88 (22)
Avarage consecutive wins
3
Avarage consecutive losses
10
View Full Backtest

Backtests Settings

Symbol
USDCHFm (US Dollar vs Swiss Franc)
Period
Daily (D1) 2012.01.01 00:00 - 2013.12.30 00:00 (2012.01.01 - 2013.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1627
Ticks modelled
30608154
Modelling quality
34.62%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
-5577.49
Gross profit
816.11
Gross loss
-6393.60
Profit factor
0.13
Expected payoff
-109.36
Absolute Bal DD
5577.49
Maximal Bal DD
6956.60 (61.13%)
Relative Bal DD
61.13% (6956.60)
Total Trades
51
Short positions (won %)
30 (13.33%)
Long positions (won %)
21 (19.05%)
Profit trades (% of total)
8 (15.69%)
Loss trades (% of total)
43 (84.31%)
Largest Profit trade
231.50
Largest Loss trade
-224.36
Average Profit trade
102.01
Average Loss trade
-148.69
Maximum consecutive wins (profit in money)
4 (607.80)
Maximum consecutive losses (loss in money)
19 (-2864.03)
Maximal consecutive profit (count of wins)
607.80 (4)
Maximal consecutive loss (count of losses)
-2864.03 (19)
Avarage consecutive wins
3
Avarage consecutive losses
11
View Full Backtest

Backtests Settings

Symbol
EURUSD (Euro vs US Dollar)
Period
Daily (D1) 2001.01.01 00:00 - 2011.12.30 00:00 (2001.01.01 - 2011.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
3863
Ticks modelled
62417926
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
15913.20
Gross profit
29191.32
Gross loss
-13278.11
Profit factor
2.20
Expected payoff
94.72
Absolute Bal DD
1924.93
Maximal Bal DD
3944.79 (24.07%)
Relative Bal DD
24.07% (3944.79)
Total Trades
168
Short positions (won %)
71 (29.58%)
Long positions (won %)
97 (51.55%)
Profit trades (% of total)
71 (42.26%)
Loss trades (% of total)
97 (57.74%)
Largest Profit trade
1353.59
Largest Loss trade
-214.63
Average Profit trade
411.15
Average Loss trade
-136.89
Maximum consecutive wins (profit in money)
8 (4584.21)
Maximum consecutive losses (loss in money)
12 (-1811.70)
Maximal consecutive profit (count of wins)
5107.45 (4)
Maximal consecutive loss (count of losses)
-1811.70 (12)
Avarage consecutive wins
4
Avarage consecutive losses
6
View Full Backtest

Backtests Settings

Symbol
AUDUSD (Australian Dollar vs US Dollar)
Period
Daily (D1) 2001.01.02 00:00 - 2011.12.30 00:00 (2001.01.01 - 2011.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
3863
Ticks modelled
49356011
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
15558.61
Gross profit
33739.79
Gross loss
-18181.18
Profit factor
1.86
Expected payoff
84.56
Absolute Bal DD
2105.60
Maximal Bal DD
9514.65 (40.11%)
Relative Bal DD
40.11% (9514.65)
Total Trades
184
Short positions (won %)
68 (16.18%)
Long positions (won %)
116 (38.79%)
Profit trades (% of total)
56 (30.43%)
Loss trades (% of total)
128 (69.57%)
Largest Profit trade
2678.75
Largest Loss trade
-252.41
Average Profit trade
602.50
Average Loss trade
-142.04
Maximum consecutive wins (profit in money)
8 (6544.57)
Maximum consecutive losses (loss in money)
23 (-3738.35)
Maximal consecutive profit (count of wins)
10428.47 (4)
Maximal consecutive loss (count of losses)
-3738.35 (23)
Avarage consecutive wins
4
Avarage consecutive losses
8
View Full Backtest

Backtests Settings

Symbol
GBPUSD (Great Britain Pound vs US Dollar)
Period
Daily (D1) 2001.01.01 00:00 - 2011.12.30 00:00 (2001.01.01 - 2011.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
3862
Ticks modelled
62175838
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
4193.01
Gross profit
21250.88
Gross loss
-17057.88
Profit factor
1.25
Expected payoff
24.24
Absolute Bal DD
1864.78
Maximal Bal DD
5715.07 (36.98%)
Relative Bal DD
36.98% (5715.07)
Total Trades
173
Short positions (won %)
79 (24.05%)
Long positions (won %)
94 (35.11%)
Profit trades (% of total)
52 (30.06%)
Loss trades (% of total)
121 (69.94%)
Largest Profit trade
1257.37
Largest Loss trade
-216.08
Average Profit trade
408.67
Average Loss trade
-140.97
Maximum consecutive wins (profit in money)
4 (4733.38)
Maximum consecutive losses (loss in money)
18 (-2545.37)
Maximal consecutive profit (count of wins)
4733.38 (4)
Maximal consecutive loss (count of losses)
-2545.37 (18)
Avarage consecutive wins
4
Avarage consecutive losses
8
View Full Backtest

Backtests Settings

Symbol
USDJPY (US Dollar vs Japanese Yen)
Period
Daily (D1) 2001.01.01 00:00 - 2011.12.30 00:00 (2001.01.01 - 2011.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
3862
Ticks modelled
48146012
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
-5629.89
Gross profit
13117.82
Gross loss
-18747.71
Profit factor
0.70
Expected payoff
-27.46
Absolute Bal DD
5629.89
Maximal Bal DD
9422.53 (68.32%)
Relative Bal DD
68.32% (9422.53)
Total Trades
205
Short positions (won %)
116 (31.03%)
Long positions (won %)
89 (23.60%)
Profit trades (% of total)
57 (27.80%)
Loss trades (% of total)
148 (72.20%)
Largest Profit trade
647.39
Largest Loss trade
-239.45
Average Profit trade
230.14
Average Loss trade
-126.67
Maximum consecutive wins (profit in money)
6 (1589.88)
Maximum consecutive losses (loss in money)
36 (-5437.95)
Maximal consecutive profit (count of wins)
2361.35 (4)
Maximal consecutive loss (count of losses)
-5437.95 (36)
Avarage consecutive wins
4
Avarage consecutive losses
9
View Full Backtest

Backtests Settings

Symbol
NZDUSD (New Zealand Dollar vs US Dollar)
Period
Daily (D1) 2005.08.29 00:00 - 2011.10.26 00:00 (2001.01.01 - 2011.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
1732
Ticks modelled
43674229
Modelling quality
84.74%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
-77.53
Gross profit
13304.67
Gross loss
-13382.20
Profit factor
0.99
Expected payoff
-0.63
Absolute Bal DD
4430.45
Maximal Bal DD
6999.02 (55.69%)
Relative Bal DD
55.69% (6999.02)
Total Trades
123
Short positions (won %)
47 (17.02%)
Long positions (won %)
76 (25.00%)
Profit trades (% of total)
27 (21.95%)
Loss trades (% of total)
96 (78.05%)
Largest Profit trade
2116.83
Largest Loss trade
-218.09
Average Profit trade
492.77
Average Loss trade
-139.40
Maximum consecutive wins (profit in money)
4 (8182.79)
Maximum consecutive losses (loss in money)
22 (-3222.84)
Maximal consecutive profit (count of wins)
8182.79 (4)
Maximal consecutive loss (count of losses)
-3222.84 (22)
Avarage consecutive wins
3
Avarage consecutive losses
11
View Full Backtest

Backtests Settings

Symbol
USDCHF (US Dollar vs Swiss Franc)
Period
Daily (D1) 2001.01.01 00:00 - 2011.12.30 00:00 (2001.01.01 - 2011.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
3863
Ticks modelled
56640091
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
2757.05
Gross profit
16459.68
Gross loss
-13702.63
Profit factor
1.20
Expected payoff
14.51
Absolute Bal DD
2150.90
Maximal Bal DD
4708.64 (37.33%)
Relative Bal DD
37.33% (4708.64)
Total Trades
190
Short positions (won %)
107 (38.32%)
Long positions (won %)
83 (20.48%)
Profit trades (% of total)
58 (30.53%)
Loss trades (% of total)
132 (69.47%)
Largest Profit trade
826.58
Largest Loss trade
-196.96
Average Profit trade
283.79
Average Loss trade
-103.81
Maximum consecutive wins (profit in money)
8 (3081.13)
Maximum consecutive losses (loss in money)
20 (-2203.03)
Maximal consecutive profit (count of wins)
3093.94 (4)
Maximal consecutive loss (count of losses)
-2203.03 (20)
Avarage consecutive wins
3
Avarage consecutive losses
7
View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
Daily (D1) 2001.01.01 00:00 - 2011.12.30 00:00 (2001.01.01 - 2011.12.31)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
AcctSize=10000; AcctPercent=0.01; BreakoutDays=55; ExitBreakoutDays=20; MaxTradesSingleDirection=12; MaxTradesCorrelatedGroup=6;
Bars in test
3864
Ticks modelled
43197751
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread

Backtests Results

Total net profit
389.81
Gross profit
20046.43
Gross loss
-19656.63
Profit factor
1.02
Expected payoff
1.90
Absolute Bal DD
1419.22
Maximal Bal DD
9620.71 (48.08%)
Relative Bal DD
48.08% (9620.71)
Total Trades
205
Short positions (won %)
117 (23.08%)
Long positions (won %)
88 (18.18%)
Profit trades (% of total)
43 (20.98%)
Loss trades (% of total)
162 (79.02%)
Largest Profit trade
1569.12
Largest Loss trade
-213.03
Average Profit trade
466.20
Average Loss trade
-121.34
Maximum consecutive wins (profit in money)
4 (6047.87)
Maximum consecutive losses (loss in money)
52 (-7763.88)
Maximal consecutive profit (count of wins)
6047.87 (4)
Maximal consecutive loss (count of losses)
-7763.88 (52)
Avarage consecutive wins
3
Avarage consecutive losses
10

Trading Strategy

The most important features of the Original Turtle trader's trading strategy can be summarized in the following points:

  • It adapts to the market's conditions determining the target position sizes according to the market volatility 'N'.
  • There is a hidden bridge between correlated currency pairs through which the risk is minimized and the right trades count for each correlated group is determined.
  • Just as the Turtles used to trade, it trades with a 20 day or 55 day breakout, however this is fully customizable if you desired a different days count.
  • It never puts your account balance under risk of more than the preset percentage of that balance you have determined before trading. The Turtles typical risk is just 2% per one trade.

Bottom Line

By following the Turtle Trading Rules, the most consistent results on long-term basis with can be achieved with the highest level of security.

The Turtle System which is the core of the original turtle trader strategy was strictly tested by C&D commodities and several book are out there documenting its success with an average return of 80% a year.

To know how exactly your money is being traded and what certain risks you are taking on your balance by a certain Forex system makes it transparent enough to trust, Original Turtle Trader Rules pdf file that is available for download before buying the software is there for that purpose.

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.