cTrader Switchback Forex v1.4

by Paul_Hayes in category Trend at 06/01/2017
Description

This is a much-improved version of the cTrader Switchback Indices cBot which now works with Forex. It still uses a comprehensive Smart-Grid Strategy is based on Multi-Time-Frame trending indicators with 25 combinations together with Advanced Risk Management, but now has had the benefit of feedback from customers on how to improve it. 

FOR MORE INFORMATION VISIT THE PRODUCT PAGE

NEW UPDATE ADDED 11.10.2017 - TRADE UPDATES WITH TELEGRAM MESSAGING

What is Telegram Messaging?

Read the User Manual

 

LOW-RISK TRADING

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 5%, 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.

 

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 can benefit from the strategy improving over time.

WE PROVIDE AN ORGANIC STRATEGY

An organic strategy is one where we provide you with a pre-built automated strategy and together with feedback from the users we add more features free of charge. We do not just sell you software and walk away, you will benefit from ongoing development improving the system for a better return.

"We water the strategy and watch it grow"

FOR MORE INFORMATION VISIT THE PRODUCT PAGE

 

Please note that it is important to try the trial version first before you buy the full product.

This product is designed for a low drawdown and realistic profit target

 

The true live results for the past performance recorded at MyFxBook.com as at 09.10.2017

Tracking Started 2nd February 2017 (9 months data)

Total Gain 22.69% - Projecting 30% Growth

Over 80% Winning Ratio

Longs Won: 85%, Shorts Won 81%

Highest Drawdown was only 5.66%

Why is Drawdown Important?

cTrader Live Forex Results

 

WATCH YOUTUBE VIDEO DEMONSTRATIONS

Click on the link below and watch the videos to help you understand how to configure and run the Switchback Trading System.

https://www.youtube.com/playlist?list=PLVkMnR8pfWHH7TAYCTtiBq1CWqeLrhaDY

FOR MORE INFORMATION VISIT THE PRODUCT PAGE

 

Paul Hayes
Sales & Marketing
Emailcontact@clickalgo.com
Phone: (44) 203 289 6573
Websitehttps://clickalgo.com

Download
683 downloads
How to install
Warning! Executing the following cBot may result in loss of funds. Use it at your own risk.
Notification Publishing copyrighted material is strictly prohibited. If you believe there is copyrighted material in this section you may use the Copyright Infringement Notification form to submit a claim.
Formula / Source Code
Language: C#
Trading Platform: cAlgo
using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;
using System.Windows.Forms;
using System.Threading;

// To download the software please visit: https://clickalgo.com/ctrader-forex-trading-robot"

namespace cAlgo
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.FullAccess)]
    public class ClickAlgoSoftware : Robot
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        private static Mutex dialogMutex = new Mutex();
        private static bool dialogIsShownOnce = false;

        protected override void OnStart()
        {
            ShowDialogBox();
        }

        protected override void OnTick()
        {
            // Put your core logic here
        }

        protected override void OnStop()
        {
            // Put your deinitialization logic here
        }

        public static void ShowDialogBox()
        {
            dialogMutex.WaitOne();

            if (dialogIsShownOnce)
                return;

            var ret = MessageBox.Show("It is not possible to download the software from the cTDN website.\nWould you like to visit us at ClickAlgo.com where you can download it?", "Downloading...", MessageBoxButtons.YesNo, MessageBoxIcon.Information);

            if (ret == DialogResult.Yes)
            {
                System.Diagnostics.Process.Start("https://clickalgo.com/ctrader-forex-trading-robot");
            }

            dialogIsShownOnce = true;

            dialogMutex.ReleaseMutex();
        }
    }
}
Comments

Paul_Hayes - April 17, 2017 @ 14:22

(NEW) Super Profit Indicator

Date Added: 17.04.2017

We have added a new trend indicator called super profit, you can download it free from this website if you search the indicators. It will reduce your drawdown and increase your profits.

 

Volume Replace by Lots

Date Added: 17.04.2017

The calculation using lots for the smart grid system is even better to produce more winning trades, it is also better for indices and shares.

 

Trade Control

Date Added: 09.02.2017

This new feature allows you to set how many losing trades are allowed each day, this is useful when the trade cycle is near the end on the shorter time-frame.

As soon as (x) amount of losing trades occur, all trading for that days stops until the next day where it automatically re-starts.

 

Price Targets

Date Added: 08.02.2017

We have added a new feature which had the highest vote amongst the users of the Switchback Forex cBot which now allows you to select a price target to stop trading and optional close of positions.

You now have the option to set a price target for either the Buy or Sell trades, when the target is reached the cBot will stop to prevent any losses, you will need to look at the big picture and decide if you wish to continue with the trade direction.

An example would be that a price target is hit for a Sell and the cBot would stop and close open positions, you then look at the charts and find out that there is a huge price reversal about to happen soon. You can turn off the "Include Sell" parameter in the cBot and only run with Buy trades until it is safe to turn the sell back on.

 

jyoakum73@gmail.com - May 02, 2017 @ 20:09

still grasping usable timeframes and dinapoli settings for shorter 3-15min timeframe trades

what would be really nice is to have the ability to modify parameter: include buy/sell option without bot stopping/changing/restarting

reason being, if one could use the switchback bot effectively on multiple pairs it becomes cumbersome to keep pace with a changing market while stopping/change buy,sell/ restarting each bot

but so far well done no bugs just learning curve

5