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 thedirect 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."
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 perpetualthat 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.
Independent Online Review
A company called NetIncomeFormula has kindly written a review about this product and how they use it for trading.
FREE News Release Manager Professional - Worth £39.99
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.
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?
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.
Join The Community Forum
This product benefits from a growing group of traders who actively use this trading system and share cBot settings, you can either join our main ClickAlgo chat group or join the dedicated group for the Switchback trading system.
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 installation and getting started with this 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 onto the platform.
Instant Chat Support
If you want a speedy reply to your questions just post your questions on our Telegram chat group.