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.
It is also possible to trade Cryptocurrencies, Metals & Indices with this trading system.
A Community-Based Project Designed for Experienced Traders
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 in 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. IT'S ALL ABOUT ODDS, STATISTICS, PROBABILITIES AND AVOIDING THE RISK OF RUIN."
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 Video Tutorials
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 where the customer can 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 News Release Manager Professional
Also included with the trading system we provide the cTrader News Release Manager to help reduce losses when a high-impact news release occurs.
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.
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, 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 they 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?
How to Optimise Your Settings
We would prefer customers to learn how to find their own optimised settings for the symbols they wish to trade, follow the link below for full details, but if this is too complex then we also offer a paid service.
Our Paid Optimisation Service
We offer a paid service to find the best possible settings for any given symbol, as with all automated trading systems the performance is only as good as the settings used.
Product Help & Support
If you need help with running your Switchback trading system then please visit the product support page first.
How To Install
First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install it onto the platform.
Instant Chat Support
If you want a speedy reply to your questions just post your questions on our Telegram chat group.