Turbo Pivot

• Entry Select market entry time frame.
• Transience PIVOT Level 1 Number of bars for trade open from Pivot to R1/S1 levels. 0 value means no trades will be opened.
• Candle Length Difference between the highest and lowest bars (in points) determining trade open for this price levels.
• PIVOT Entry Time Entry hour time determining trade opening.
• Range Time Maximum number of hours to search out for a trade.
• P Break Point Distance (between the Pivot price level to R1/S1 price level) beyond which a trade can be opened.
• Multi Currency Entry True means Multi Currency entry trades are allowed. False means not allowed.
• Symbol Choose Multi Currency symbol.
• Candle Length This is the difference between the highest and lowest bars (above that symbols pivot).
• Fast Hourly Pivot MA Fast moving average period.
• Method Moving average method.
• Shift Moving average shift.
• Slow Hourly Pivot MA Slow moving average period.
• MA Method Moving average method.
• Slow Shift  Moving average shift.
• Back Tested Spread Enter the value of spread used for optimization/back-testing. 0 means current broker's spread value.
• Scalp Deviation The exit point for scalping trades. Number multiplies spread value.
• Profit Deviation The difference between pivot price level and profit deviation = Take Profit. Number multiplies spread.
• Loss Deviation Difference between pivot price level and loss deviation = Stop Loss. Number multiplies spread.
• Max Trade Life Days Maximum Trade life in Days after which based on some other market conditions, trades may be closed or hedged.
• Turbo Charged Hour Range Period of hours (daily) to search for a turbo charged trade.
• Turbo-candle Length Difference between the highest and lowest bars (in points) determining a turbo charged trade open.
• TurboLot Size Choose Turbo charged lot size (based on risk appetite). 0 value means turbo charged trades will not be opened.
• Current Chart Symbol Symbol to be traded.
• Settings Expiration Year Year beyond which no trade will be opened (but trades can be closed).
• Month Month beyond which no trade will be opened (but trades can be closed).
• Day Day beyond which no trade will be opened (but trades can be closed).
• Lot Size For small sized account, set lot size. 0 value means lot size will be automatically determined by 'Risk Manager'.
• Start Up Funds The amount to be managed by risk manager. Start Up Funds must be less than Account Balance.
• Traded Charts Number of charts Turbo Pivot Trader is currently loaded in.
• Risk In Percent Account Balance Risk value (in percents of start up funds) that is to be used for trading and auto-calculating lot size.
• Back Tested Draw Down During optimization, this value must be set at zero. After back-testing and forward testing, choose settings with lowest draw down and then enter the draw down value here. This will automatically calculate the lot size.
• Trade Identity Number Vary this number (per setting) if more than one settings (of a particular symbol) are to be concurrently traded in different charts.