I would like to make a curve which has turning point(x,y).
y= x^2*2 for x<= 0.5
y= 1-(1-x)^2*2 for x> 0.5
and still have a smooth S-shaped curve, where the slope is continuous on both sides of the turning point.
How can I make the equation as simple and straightforward as possible?
Differentiating your first function $y=2x^2$ gives $y'=4x$. Evaluating at $x=1/2$, gives $y'=2$.
Differentiating your second function $y=-2x^2+4x-1$ gives $y'=-4x+4$. Evaluating at $x=1/2$, gives $y'=2$.
You picked a pair of curves whose derivatives are lines and only intersect at the point you have chosen.
Choose simpler functions and pick a point of intersection; check the derivatives.
Edit: There are infinitely many lines that will work. Consider $y=x$ and $y=-x$. They have derivatives 1 and -1 everywhere. They intersect at (0,0). According to what you have said, this is a "turning point."