Original Turtle Trader Forex Robot

[TurtleTrader]

Robot Name: Original Turtle Trader Forex Robot
Where obtained: www.originalturtletrader.com
Affiliation: Developer
Date Started: Jan 2008
Live or demo account: Live


Who Are The Turtle Traders?

The Turtle Traders’ legend began with a bet between American multi-millionaire commodities trader, Richard Dennis and his business partner, William Eckhardt. Dennis believed that traders could be taught to be great; Eckhardt disagreed asserting that genetics were the determining factor and that skilled traders were born with an innate sense of timing and a gift for reading market trends.


What transpired in 1983-1984 became one of the most famous experiments (nature versus nurture) in trading history. Averaging 80% per year, the program was a success, showing that anyone with a good set of rules and sufficient funds could be a successful trader.




Total Return from 2008 To 2010: +254%
Backtests were performed on all 7 currency pairs from Jan 1st 2008 to Dec 31st 2009 at 1% risk.

EUR/USD +48%
AUD/USD +103%
GBP/USD +1%
USD/JPY -25%
NZD/USD +104%
USD/CHF +4%
USD/CAD +19%

Total +254%


EUR/USD +48%

AUD/USD +103%

GBP/USD +1%

USD/JPY -25%

NZD/USD +104%

USD/CHF +4%

USD/CAD +19%

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