Is that entry safe? Are you taking too much risk?

Catch the seeds of risk early. Support for a secure entry

For those who have tried various methods but are feeling hopeless
For those who are looking to follow classical investment methods from now on

From eternal recurrence to return to the origin

BTS (Balsara Turtles Surveillance) will assist you

Money management strategies for futures traders

By Nauzer J. BalsaraFROM THE DYNAMICS OF RUIN P.22 Bankruptcy is defined as the disappearance of available capital due to losses, making trading impossible. One of the obvious determinants of bankruptcy risk is the probability of trading success (win rate). The higher the win rate, the lower the bankruptcy risk. Similarly, the higher the ratio of profit to loss (payoff ratio), the lower the bankruptcy risk. Both of these factors depend on the "trading system." Another important factor affecting bankruptcy risk is the proportion of risk and capital invested in trading. This is a consideration related to "money management." If a trader bets their entire fortune on a single trade and that trade does not materialize as expected, the likelihood of bankruptcy increases. On the other hand, if the amount bet on an unfavorable trade is only a small percentage of the trader's capital, the bankruptcy risk is mitigated. These three elements interact to determine bankruptcy risk. Assuming that the trader knows the "win rate" and "payoff ratio" of the trades they have made, if they want to fix the risk of bankruptcy at a certain level, they can control the proportion of capital spent on trading at any time. This procedure allows traders to control bankruptcy risk.

Product Features and Overview:

Visualizing bankruptcy probability numerically
Calculates the risk of bankruptcy in trading based on three elements: win rate, payoff ratio, and risk proportion. This allows for a quantitative understanding of risk and the setting of appropriate lot sizes and risk proportions.
Reverse calculation simulation of target bankruptcy probability
Calculates the necessary win rate and risk proportion based on your goals. Clarifies your trading plan.
Utilizing the Turtles' methods
Equipped with the calculation function of ATR (N value) used by the Turtles, adjusts position size according to market volatility.
Easy operability and intuitive interface
Calculations can be done with just a button press. Moving entry lines and stop lines is also easy.

Main Features

Calculation of win rate and payoff ratio
- Automatically calculates win rate and payoff ratio based on past trade data.
- T-NoteandRT-Notepseudo trading history data is also supported for calculations.
- Manual input is also possible, allowing analysis using user-defined data.
Calculation of risk proportion and bankruptcy probability
- Calculates risk proportion based on initial capital and bet amount. Displays bankruptcy probability instantly.
- Displays the Kelly criterion
Simulation of target bankruptcy probability
- Calculates the necessary win rate and risk proportion based on your goals. Supports planned entries.
Calculation of optimal lot size
- Suggests appropriate lot size based on allowable loss amount and stop line width. Rationally supports risk management.
Confirmation of margin and swap
- Automatically calculates the required margin and swap cost at the time of entry. Enables planned capital management.
Dynamic panel settings
- Freely customize the position and display of panels. Provides an optimal interface for the trading screen.

Operating Environment and Notes:

Supported Platforms:MetaTrader4 (MT4) and MetaTrader5 (MT5)
Recommended OS:Windows 11 Japanese version
Trial version provided:Will be removed from the chart 10 minutes after the trial starts. Please be sure to try it before purchasing.
Indicator:Does not have order functionality

Video MT4/MT5 Indicator (BTS) Bankruptcy Probability and Capital Management, (PRM) Position Bankruptcy Probability Monitoring

1. Money management strategies for futures traders by Nauzer J. Balsara 2. The Magic of Turtle Trading by Curtis Faith 3. The Complete Turtle Trader by Michael W. Covel 4. Probability Theory and Its Applications I Volume 2 by W. Feller

[Trial Version] Bankruptcy Probability and Capital Management BalsaraTurtleSurveillance (BTS)https://www.gogojungle.co.jp/tools/indicators/56617

[MT5 Version] Bankruptcy Probability and Capital Management BalsaraTurtleSurveillance (BTS)https://www.gogojungle.co.jp/tools/indicators/56618[MT4 Version] Bankruptcy Probability and Capital Management BalsaraTurtleSurveillance (BTS)https://www.gogojungle.co.jp/tools/indicators/56620

[Trial Version] Position Bankruptcy Probability Monitoring Tool PositionRuinMeter (PRM)https://www.gogojungle.co.jp/tools/indicators/56622[MT5 Version] Position Bankruptcy Probability Monitoring Tool PositionRuinMeter (PRM)https://www.gogojungle.co.jp/tools/indicators/56623[MT4 Version] Position Bankruptcy Probability Monitoring Tool PositionRuinMeter (PRM)https://www.gogojungle.co.jp/tools/indicators/56624

[Trial Version] Bankruptcy Probability and Fund Management BalsaraTurtleSurveillance (BTS)