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Lazy Trader's Profitable Swing System

  • #81
  • Edited Feb 10, 2021 1:15am Feb 9, 2021 4:46am | Edited Feb 10, 2021 1:15am
EA coming { information deleted by staff, per membership policy }
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Barryvdw
  • #82
  • Feb 9, 2021 7:07am Feb 9, 2021 7:07am
Quoting barryvdw
hegxo{ Looks interesting. Go for it man! Personally, I like the KISS principle that is to keep it simple. For me no extra indicators as I trade quite profitable without the added effort. But please, carry on. It is what this forum is for! Greetings.
I fully understand the approach to the strategy and I must tell you that even without the indicators that I add, the strategy is profitable due to correlation between pairs and the percentage between them in the standard deviation. That is, with the necessary accounts in the operating lots it is a strategy with mathematical hope +0, I must congratulate you on that. As for me, I only trade in favor of the trend because the years taught me that, I have burned more than one account and only began to be profitable when I understood that the trend is my best friend.
Today, Tuesday of the second week that I test the strategy, the account obtained a roi of 72%, a relative dd of only -30% and I closed only one trade in loss with -0.8%, I have 25 open operations and the float remains at range between -8% and -4% while winning trades close and roi increases.
I have already uploaded the necessary documents to a broker with a cent account to take this strategy to real money, I plan to start with 40 dollars and see how far it can grow.

Again, congratulations on this strategy. At first glance it seems to be of the YOLO style but when you get into logic it makes a lot of sense, I don't know if you did it to grede or it was a coincidence but congratulations, you have a strategy that is capable of generating excellent returns in a short term.
  • #83
  • Edited 8:50am Feb 9, 2021 7:13am | Edited 8:50am
Some call this a sniper entry, I call it the barry system.

Trade in USDJPY D1 previously published
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  • #84
  • Feb 9, 2021 7:17am Feb 9, 2021 7:17am
show your drawdown also
  • #85
  • Feb 9, 2021 8:41am Feb 9, 2021 8:41am
We have another sniper entry on XAUUSD H4
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  • #86
  • Feb 9, 2021 9:03am Feb 9, 2021 9:03am
Quoting hegxo
{quote} I fully understand the approach to the strategy and I must tell you that even without the indicators that I add, the strategy is profitable due to correlation between pairs and the percentage between them in the standard deviation. That is, with the necessary accounts in the operating lots it is a strategy with mathematical hope +0, I must congratulate you on that. As for me, I only trade in favor of the trend because the years taught me that, I have burned more than one account and only began to be profitable when I understood that the...
Thank you and good luck!
Barryvdw
  • #87
  • Feb 9, 2021 9:43am Feb 9, 2021 9:43am
Hi Barry,

I like the system and I've been trying it out but I do have a few small questions, I can't PM due to my member status

 

  1. Do you solely rely on gains from other symbols to offset losses in another, or is there a point you cut them loose? The center line will eventually move above/below your TP right? If the lots per band remain the same.
  2. Have you tried it on lower timeframes at all, say 1h? Or does this go against the whole 'lazy' idea?
  3. You mentioned using 28 pairs, is this a must to ensure profitability of the 'basket', or can you skip some without adversely effecting the strategy? That's 28 TP to move every few hours.

Cheers
S.

  • #88
  • Feb 9, 2021 6:41pm Feb 9, 2021 6:41pm
I already have a live account running Barry's strategy, we'll see where it takes us. I will update a measure that advances.
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  • #89
  • Feb 9, 2021 9:49pm Feb 9, 2021 9:49pm
Quoting Sakotz
Hi Barry, I like the system and I've been trying it out but I do have a few small questions, I can't PM due to my member status Do you solely rely on gains from other symbols to offset losses in another, or is there a point you cut them loose? The center line will eventually move above/below your TP right? If the lots per band remain the same. Have you tried it on lower timeframes at all, say 1h? Or does this go against the whole 'lazy' idea? You mentioned using 28 pairs, is this a must to ensure profitability of the 'basket',...
Once I get uncomfortable having like 6 or 7 trdeas in without any S&R in sight or sign of reversal, I do cut them loose. Doent happen often.
Yes you may find say 2 losses above the centre and 3 below but still give a profit, or sometimes small loss.
For 1hr you wont sleep at all and risk mistakes. No lower tf for me thanks. I enjoy my sleep!
You can skip some pairs, but I trade all of them to ensure low DD.
Barry.
Barryvdw
  • #90
  • Feb 10, 2021 1:44am Feb 10, 2021 1:44am
I suggest that we all migrate to the commercial header Lazy Trader's profitable swing system .

The moderator made me stand in the corner for the next hour wearing the Donkey hat for posting commercial content here. I already had this above header open there but because it is just a small difference in spelling seperating the two, got confused. Hence the Donkey hat!

So you'll miss nothing from now on, and the name of the game is PROFIT in the commercial section.
Barry.

Moderator, I don't wear a watch. Kindly let me know when the hour is up please. (LOL!!)
Barryvdw
  • #91
  • Feb 10, 2021 5:02am Feb 10, 2021 5:02am
Quoting hegxo
We have another sniper entry on XAUUSD H4 {image}
Thanks for posting your trades and indicators. Could you please post a template too? Struggling to make it look like yours.
Cheers
  • #92
  • Feb 10, 2021 2:46pm Feb 10, 2021 2:46pm
Yes of course, inside the zip file are the indicators and templates for Japanese candlesticks and renko.
Attached File(s)
File Type: rar Sistema Barry.rar   242 KB | 389 downloads
  • #93
  • Feb 10, 2021 2:52pm Feb 10, 2021 2:52pm
Quoting VinceTheBeast
{quote} Thanks for posting your trades and indicators. Could you please post a template too? Struggling to make it look like yours. Cheers
I just uploaded the template but I forgot to tag you, look for it in post 93
  • #94
  • Feb 11, 2021 4:21am Feb 11, 2021 4:21am
Quoting hegxo
Yes of course, inside the zip file are the indicators and templates for Japanese candlesticks and renko. {file}
Thanks. Much appreciated. Busy chart! Will take me some time to get used to that. :-)

I see you use Omniabar and 120 size for your renko. Where did you base this number on please?

Don't know if you own the whole Omnia package, but using the auto range indicator (on your mean renko bar chart) might be something to consider? This way it will automatically adjust the bar size based on each currency pair individual ATR.
  • #95
  • Feb 11, 2021 5:38am Feb 11, 2021 5:38am
[quote = VinceTheBeast; 13404655] {quote} Gracias. Muy apreciado. ¡Gráfico ocupado! Me llevará algún tiempo acostumbrarme a eso. :-) Veo que usas Omniabar y tamaño 120 para tu renko. ¿Dónde basó este número por favor? No sé si posee todo el paquete Omnia, pero el uso del indicador de rango automático (en su gráfico de barras renko medio) podría ser algo a considerar. De esta manera, ajustará automáticamente el tamaño de la barra según el ATR individual de cada par de divisas. [/ Quote]

120 resembles h1 charts, actually set at 240 for this strategy. Regarding the range bars I do not know, never use that indicator, if you think it can be adjusted, try it and share it, it all adds up to the good.
  • #96
  • Feb 11, 2021 2:08pm Feb 11, 2021 2:08pm
Quoting hegxo
I already have a live account running Barry's strategy, we'll see where it takes us. I will update a measure that advances. {image}
thank you for sharing!!! 0.01 lots per 200.00 in your trading account.
Forgive for my English!
  • #97
  • Feb 11, 2021 5:29pm Feb 11, 2021 5:29pm
Yes but with 1000 of leverage, if you use less I recommend 0.01 per $400. The important thing is the constant profit and not the monthly roi, we are in this market to survive in the long term, the profits will come alone if you take care of your money.
  • #98
  • Feb 12, 2021 10:24am Feb 12, 2021 10:24am
I made some changes to the strategy, in fact I combined some things that my main account uses as momentum indicators, cycle indicators, a slow stochastic and a fast one, and of course atr.
At first glance it seems super complicated but it is very simple, the main indicator is the tma, I am only using two in the period 50 with an atr multiplier in the slow of 2.168 and in the fast 1.168 and setting the atr period according to the pair and trading only in favor of the trend in D1 indicated by channel 1440.
I put my pending orders in the tma bands and as a goal I look for its opposite band, the momentum indicators accompany and show how strong the movement is and if I can wait more or less to take advantage of the entry, that is, if I should close it before and leave it run. Stochastics are used to stack positions in case of a long movement indicated by the adx slope that the further, the stronger the trend and if a eureka cobweb is formed we can wait more than 200 pips from the first entry and go stacking positions.
I do not want to elaborate much today because it is a prototype that is being tested but it does give the results that I hope that in a few weeks I will publish its function in detail.
I leave the template together with the indicators for those who want to try it, I am testing it with real money because YOLO but whenever they test a strategy they do it in demo.

Many pips for you... XO
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Attached File(s)
File Type: rar Alquimista x Barry.rar   310 KB | 341 downloads
  • #99
  • Feb 25, 2021 2:08am Feb 25, 2021 2:08am
Quoting Prototype
{quote} Some running trades. {image} {image} {image}
Not a good time.
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  • #100
  • Mar 1, 2021 12:36pm Mar 1, 2021 12:36pm
Quoting hegxo
I already have a live account running Barry's strategy, we'll see where it takes us. I will update a measure that advances. {image}
how is trade going?
Forgive for my English!
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