All Sales are final and there are no refunds. This is common in the software industry. It is your responsibility to read the Terms and Conditions of Sale, the Disclosure and Disclaimers related to speculation, futures, and commodity trading in the free markets, and the BWT License Agreement.
Our strategy is a comprehensive and advanced trading system. It has a lot of functionality and features, such as filtering trades by Higher Time frame, News Alerts, Money Management Filters, Different Types of Entry, Exits, and Stops, Scaling out of positions, and much more. There is a learning curve – we provide training and video to teach you. You are expected to have at least average computer skills.
Yes. However please refer to our risk disclosure.
BWT provides a high level of support. One-on-one training from the system developer for up to two hours insures you are getting the best possible instruction. Explanation of the strategy logic and rules are disclosed and all features are explained in detail. We also provide Instructional Videos, Email, Skype, and Video Conferencing support for Licensees.
The license is for ONE computer. Each additional per pc is a 40% discount off current pricing.
Yes, we provide charts, parameters settings, and workspaces configured with the strategy running in popular markets and time frames. As soon as you are comfortable you can begin live trading.
We do not offer a trial for the BWT Autotrader because the large number of trials that would be requested would not allow time to train and support our paying customers. Trials are offered for the BWT Precision Indicators at $495 for 2 weeks, which can be credited towards the full indicator package or autotrader purchase if completed within 30 days of the trial.
Trading of any kind has risks. You should only trade with “Risk Capital” which is money you can afford to lose. The recommended margin for trading BWT for one eMini SP and most other contracts is a minimum of $5,000 for a single contract, more is better for psychological reasons. Trading one contract per $10,000 is better because your drawdown will be one half of you account size, for example: If you lose $500 that is only 5% of a $10,000 account, where it is 10% of a $5,000 account. Use of Margin in futures should always be respected.
Below is an overview of all the automated systems we offer.
We have 4 different Automated Trading Systems:
This version has the most features, trade filters, functionality, and the ability to trade many different Markets using the BWT Trend Logic. Templates and settings are provided. You must decide which markets you will trade and some tweaking or adjustment of parameters may be required. Observation of trading performance with settings you decide to use before trading life is recommended.
This version uses the same logic as Ninja Trader but is easier to use. It DOES NOT have all of the functionality of the NinjaTrader Version, such as the BWT Trade Manager manual interface, there is no Graphical Interface, like the Ninjatrader version, and there are not as many parameters for fine-tuning, filters, etc. Templates and settings are provided. You must decide which markets you will trade and some tweaking or adjustment of parameters may be required.
This version trades only the EMini S&P and does not require any tweaking, or customizing settings. It is a true “set and forgets” system. You can put it on your chart and start trading.
This version is similar to the Tradestation Precision Autotrader but in the MultiCharts platform. BWT is NOT offered in MutiCharts.NET.
Templates and settings are provided. You must decide which markets you will trade and some tweaking or adjustment of parameters may be required.
The BWT Precision Auto Trader Package includes the BWT Precision Autotrader automated trading system, the BWT Precision Indicators, and the BWT Bartypes. The cost as of January 2018 is $4995.
License Renewal: After one year it is $995 to renew the Autotrader license. If a License is not renewed within 90 days of expiration, then the renewal is $1495.
The system is universal and will work in any liquid market (Futures, Forex, Stocks, Commodities, ETFs…) The system will also work well in many time frames, provided that they are tradeable. Some time frames in some markets are not suitable. For example, a 1, 10, or 20 tick chart in the Emini SP would not be suitable.
The BWT Precision Auto Trader is a true 100% automated trading strategy and set of trading tools conceived and created by Randy M. Sarrow in 2006. Mr. Sarrow was a former Financial Professional and Registered Investment Advisor who held various securities licenses over his 20-year career as a broker before retiring in the year 2000 to trade full time.
The BWT Precision Autotrader is fully automated, as opposed to signal generation, which is essentially discretionary trading in which you are watching an indicator and then deciding whether or not to take the indicator signals. All trade entry, exit, and trade management trailing of stops, and begin and end times are 100% automated. For a full list of BWT Precision Autotrader features go here. The BWT Precision Autotrader has been under development and refined for more than ten years. Technology and the market are in a constant and dynamic state of change. The BWT team is always striving to improve our software as we learn new ideas, technologies, and improved trading skills.