Trading Strategies Revealed – “Lazy Trader” review

Trend following trading strategy “Lazy Trader” is designed mainly for Forex and can be used on all JPY pairs except USD/JPY on H4 time frame. Its rules state that:

A Trader Should place a buy stop and a sell stop orders each Monday right after first bar is closed. Place a buy stop 200 points above the high of the 4 hour bar and a sell stop 200 points below the low of the 4 hour bar. Distance between these two orders will be the stop loss distance. Take profit is 3 times stop loss. At the end of the week both orders should be closed/cancelled if not yet closed by stop loss/take profit to not carry any trades over a weekend.

We have run the test for 2010.01.01-2018.11.30 using Each Tick modelling on CHFJPY-H4, with no leverage, without reinvestment, assuming spread equals 10 ticks. These are the main parameters of financial performance, that may allow you to evaluate whether this strategy worth your attention or not:

ROI# of tradesWinning ratioMax. drawdown
9.65%70340.68%20.01%

The following charts may give some possible insights on which filters to apply (time sessions, day of week limitation, trend strength threshold, overbought/oversold conditions, volatility range) to turn this strategy profitable should you decide to use this strategy in your investment portfolio:




If you decide to buy an EA, coded in accordance with the strategy and used for the test, or to make any amendments to the original strategy rules – please, feel free to contact us.

Based on this strategy you can create your own Expert Advisor (MetaTrader), Automated Trading Strategy (NinjaTrader) or cBot (cTrader).
Make a request for a free consultation with our team of professional trading software developers and find out the cost and terms of developing your project.

NORDMAN ALGORITHMS

TRADING SOFTWARE DEVELOPMENT

With financial background, using excellent programming techniques, developing automated trading systems of a splendid quality that serve your investing purpose.

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RISK DISCLOSURE

Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

Please note, that testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.