The TimeFactor uses a bank mode paradigm. So, as you wrote, you increment up in the banks and they you can use the other two switches to load either of the presets in the bank. There are a couple of ways to accomodate what you want to do. One, you can limit the bank range of the TimeFactor. So, if you're only using 5 – 6 presets you can pack those in the first 3 banks, limit the bank range to the first 3 banks, and then when you reach bank 3, it will wrap around back to bank 1 again. Or two, you can add an aux switch and assign it to bank down. So, that you can go up and down. There are a lot of different aux switches out there. Barn3 makes one that sits flush with the TimeFactor, which is a nice feature: http://www.barn3.com.
