Designed for Experienced Traders
This product provides many configurations to allow more advanced algorithmic traders full control of how the robot trades. It assumes that you already have a good grasp of trading the markets and can interact with the trades during market events. The recommended starting balance is £1000 for low-risk trading, if you plan to use a much lower starting capital please contact us first to discuss your risk.
A Community-Based Project
The Switchback trading system is the direct result of over three years of end-user feedback, upgrades, and improvements. When we release a new update the new features are gathered from traders who are using the system real-time, this enables the product to grow organically and existing customers benefit by getting the new features for free.
"NO ONE CAN PREDICT THE MARKETS CONSISTENTLY. ITS ALL ABOUT ODDS, STATISTICS, PROBABILITIES AND AVOIDING THE RISK OF RUIN."
Net Income Formula Review
Read this unbiased review we found by NetIncomeFormula who gave this product a favourable review for traders looking for a decent semi-automated trading system.
Switchback User Guide
This product comes with a comprehensive user manual to help you understand all the parameters and how to set up and use this complex strategy.
Watch all the tutorial videos on YouTube to help you configure and get the most out of the Switchback Forex Trading System.
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 of improving over time.
FREE Add-On Software
Also included with the trading system we provide the cTrader News Release Manager to help reduce losses when a high-impact news release occurs and the Memory Manager Add-On which monitors and adjusts your PC and VPS memory for optimal performance of your robots and trading platform.
Avoid High-Impact News Events
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.
Watch the Video Update for v2.3
The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.
A Zero-Data-Fitted Trading System
This type of system does not benefit from data fitting the parameters with optimization, but instead, the values need to be adjusted manually. What this means is that in theory, it should perform just as well with fresh data on a forward test or real-time trading.
Due to the recent coronavirus outbreak, our backtest results will fail towards the end due to the markets crashing and swinging up and down, we strongly recommend that you do not use this trading system on a live account until after this is over and the markets stabilise again.
Example Settings Included
You will find some example settings with manual adjustments included with the download to help you get started, these are very basic settings and only use a small % of the full features, but it should give you an idea of what is possible.
Basic 1-Year Backtest Results
Symbol: USDCAD - Date range: 07.02.2019 to 07.02.2020
+20% Balance Increase, Data: M1 bars from the server (open prices)
Commission: 35 per million, Starting capital: £1000.00, Fixed spread: 0.5
0.00% max balance drawdown, 4.16% max equity drawdown, Sharpe Ratio: 1.74
Why Is Drawdown Important?
This product does not currently support Indices with micro lots as supported by some brokers.
Try Before You Buy?
We offer a 14-day trial of this software so you can run your own backtests and decide if this trading system is for you.
Product Help & Support
If you need help with installation and getting started with this trading system then please visit the product support page first.
If you cannot find the help you need on the product support page then submit a support ticket.