This is a great introduction to algorithmic trading with this semi-automated trading strategy. It uses a comprehensive Smart-Grid Strategy which is based on Multi-Time-Frame trending indicators with 25 combinations together with Advanced Risk Management.
This product will support Crypto-Currencies like Bitcoin.
EMAIL & TELEGRAM MESSAGING UPDATES
What is Telegram Messaging?
Read this Blog to Set-Up Your Telegram Bot
"The system is fully automated, but at times will need some human interaction"
Watch all the tutorial videos on YouTube to help you configure and get the most out of the Switchback Forex Trading System.
Watch All The Tutorial Videos
"The Free Trial is for 30 days"
Version 1.7 (Source Code Not Included)
New features recently added can be found by clicking on the tab above
We are running the robot on a very low-risk setting, this means we get a maximum drawdown of capital at any point lower than 6%, but with a return of profits between 20-30%, this in itself is very good. As the risk is low, this means there are periods of stagnation where no trades are executed for days, opening many trades is not always good, it is better to open trades when there is a 75% probability of winning as this strategy does.
HOW TO INCREASE YOUR PROFIT
If you have an aggressive trading style and do not mind a drawdown of above 10% then you can easily adjust the settings and increase the profit, but at the same time, this may increase the % of drawdown.
Running With A Low Account Size?
If you plan to run the trading system on a low account size like £1000, then we recommend that you set your lot size to the lowest value for 1K volume and the Smart Grid Lot exponent to 1, watch the video below for more information.
Watch The Video To Help You Get started
How The System Opens Positions
The trading robot uses 5 pre-defined timeframes to determine if a trade should open using 2 core indicators; the DiNapoli Stochastic and Hull Moving Average, it also uses various other trend indicators.
Watch The Video Explanation for Opening Positions
How The System Closes Positions
There are various options to close a position using this trading system.
Watch The Video Explanation For Closing Positions
Monthly Parameter Configuration
This strategy requires the user to configure the parameters at least every month to give the best performance on the ever-changing market conditions.
Watch The Video Explanation On How To Configure The Symbol Parameters
DO's & DONT's
- Watch positions for run-away trades, the system is semi-automated, it needs some human interaction.
- Set the Lots size to the lowest value at the start.
- Remember the parameters provided are just to get started, you need to tweak them every month with 1 yr. back-tests on your local PC and use these on your live account.
- Remove symbols that are bad performers after running 3 months.
- Experiment with adding new symbols.
Lifetime License with Free Updates
The license type is perpetual that will allow the customer to use the licensed software indefinitely and receive free updates when they occur.
All updates will reflect what the customers feel would improve the product, so you benefit from the strategy improving over time.
Download the Complete Symbol Parameter Set Pack
If this date is more then 1 month ago, then the parameters may be out of date, email us for the latest settings. We will publish new settings at the start of each month, visit the website to download the latest, but we strongly recommend that you configure the parameters yourself.
Last Updated: 11.01.2018
Find Out How to Load The Parameters Into The Robot
This product comes with a comprehensive user manual to help you understand all the parameters and how to setup and use this complex strategy.
Download the User Manual
Important Parameter Settings
Please note that we do not optimize the parameters to fit the data, but instead prefer to use fresh data with the current settings.
- Max trades per day
- Max losing trades
- Smooth curve distance
- Trailing stop
- Max trades in red
- Upper and lower RSI threshold
- Pip step
- Volume exponent
- Symbol Time-Frame - Very important
"TWEEK THESE PARAMETERS ON A REGULAR BASIS FOR BEST PERFORMANCE"
IMPORTANT - What you should be looking at is Max Equity Drawdown and Net Profit.
Increase Profit and Reduce Drawdown With The News Release Manager
The back and forward test results would be even better if you used the ClickAlgo News Release Manager as heavy losses will occur during these events. Please note that we cannot back-test the news release events and you may see drawdown spikes when this occurs.
NEWS MANAGER IS FREE WHEN YOU PURCHASE THIS PRODUCT
Our BackTest Results
The following results are for basic parameter settings; you can get even better results by adding the news release manager integration.
PLEASE NOTE THAT YOUR BACK-TEST RESULTS MAY VARY DUE TO WHICH BROKER YOU ARE USING AND YOUR PROXY SERVER LOCATION.
Switchback Robot Settings
London Proxy, you can check this with right click mouse on the platform bottom right.
- Starting Capital is £5000.00
- Commission 40 per Million
- 1 min bar from the server (open prices)
- Spread 0.3
"THE PARAMETER SETTINGS BELOW ARE FOR EURUSD, YOU WILL NEED TO ADJUST THE PARAMETERS FOR OTHER SYMBOLS"
EURUSD 1 Yr. LOW-RISK
- 4.43% Max Equity Drawdown
- 0.32% Max Balance Drawdown
- Winning trades: 235
- Losing trades: 4
EURUSD 2 Yr. LOW-RISK
- 6.69% Max Equity Drawdown
- 1.99% Max Balance Drawdown
- Winning trades: 455
- Losing trades: 14
EURUSD 3 Yr. LOW-RISK
- 24% Increase
- 6.46% Max Equity Drawdown
- 1.92% Max Balance Drawdown
- Winning trades: 558
- Losing trades: 16
"THE CBOTSET SETTINGS FILE IS THE SAME FOR ALL 3 BACKTESTS, THE VOLUME IS 2K, IF YOU WISH TO RISK A LITTLE MORE OF YOUR CAPITAL JUST INCREASE THE VOLUME"
3 Year BackTest with Volume of 4K (Medium Risk)
If you wish to increase your profits, just increase the volume parameter of the robot, in the test below, we increased it from 2k to 4k which returned an increase in profit of 48% with a drawdown of your equity at 11.23% and 3.46% on your balance. The more you risk, the more you make in profit, it all depends on your outlook to trading.
- 48% Increase
- 11.23% Max Equity Drawdown
- 3.46% Max Balance Drawdown
- Winning trades: 558
- Losing trades: 16
GBPUSD 1 Yr. LOW-RISK (4K volume)
This symbol's parameters give very good back-test results over most of the data going back to 2014, the draw-down is a little higher over the 3-year test, but using the News Release Manager will improve the risk/reward ratio considerably.
Spread set at 0.7 pips
- 15% Increase
- 3.11% Max Equity Drawdown
- 0.59% Max Balance Drawdown
- Winning trades: 152
- Losing trades: 8
How Easy Is It To Set-Up?
Getting started is very easy you simply install the cBot and the custom DiNapoli & Hull Moving Average indicators and you are ready to go.
If you wish to get started with our example parameters than click on the link below.
Watch Video On How To Load Parameters
Need Help Setting Up On Your PC or VPS
If you would like us to install and configure the Switchback Forex robot onto your PC or Virtual Private Server than we offer remote support where we will access your computer and do it all for you, the cost for this service is a one-off fee of £50.00
* SOURCE CODE IS NOT INCLUDED *