Exp_UltraAbsolutelyNoLagLwma
This EA is based on the Ultra Absolutely No Lag LWMA (Linearly Weighted Moving Average) indicator, which uses a zero-lag weighting scheme to generate trading signals. It enters long positions when the no-lag LWMA turns upward and short positions when it turns downward, aiming to capture trend movements with minimal indicator delay. The system applies a systematic trend-following approach with configurable period and signal confirmation parameters.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
| Symbol | P&L | Annual | Max DD | Trades | Win rate | Sharpe | Recovery | Losing streak | Per trade | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| EURUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| GBPUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| USDJPY | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| XAUUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
Why this EA never traded: no entry rule survived the conversion.
Converted from MQL5 to Python and run with the same rules for every EA. Positions use MT5 lot sizes (100,000 units per FX lot, 100 oz per gold lot) with 1:100 leverage, one order at a time, and a stop-out below 10% of the starting balance. Sharpe is computed from the equity curve. Results marked as unreliable are shown for completeness only.
Blow-up risk: No blow-up pattern found
- Has no stop loss or trailing stop
On its own this is not a typical blow-up pattern, and the account was not stopped out in our backtests. That is not a guarantee: any EA can lose money.
High: stopped out in our backtest, or martingale/grid sizing without a stop loss. Elevated: martingale or grid sizing with a stop loss, or several positions at once without a stop loss. What the label means and what we found →
Strategy analysis
The strategy concept is based on directional changes of the zero-lag Linearly Weighted Moving Average (LWMA) to identify trend reversal points. Entry conditions: open a long position when the no-lag LWMA turns from declining to rising, and open a short position when it turns from rising to declining, using the indicator slope change as the signal trigger. Exit conditions typically rely on opposing signals — long positions close when the LWMA turns downward, and short positions close when it turns upward. Position sizing is handled through a fixed lot size input parameter, allowing traders to adjust the position based on their account size. Money management may include stop-loss and take-profit parameters, but the core exit mechanism depends primarily on the indicator reversal signal. Overall, this is a classic trend-following system that benefits from reduced lag compared to traditional moving averages, but still suffers from frequent false signals during choppy or range-bound market conditions.
Strengths
- The zero-lag weighting scheme significantly reduces the delay problem of traditional moving averages, making signals more timely
- Systematic trend-following logic is clear and easy to understand, with well-defined entry and exit rules
- LWMA weighting assigns higher weight to recent prices, better reflecting current market conditions than simple moving averages
Weaknesses
- Generates numerous false signals during choppy/ranging markets leading to frequent losses, an inherent flaw of trend-following strategies
- Lacks a trend strength filter (e.g., ADX), unable to distinguish between strong and weak trend environments
- Default stop-loss and take-profit set to 0 means no risk protection; relying entirely on reversal signals for exit can cause significant losses
Possible improvements
- Add a trend strength filter (e.g., ADX or ATR) to avoid trading during choppy/ranging market conditions
- Implement a trailing stop mechanism to lock in profits and reduce profit givebacks
- Add time and volatility filters to avoid trading during low-liquidity sessions and high-spread periods
Risk assessment
Overall risk: Caution
- Default stop-loss is 0 with no hard risk protection, potentially leading to large single-trade losses
- Pure trend-following strategy will incur consecutive losses in ranging markets, lacking market regime identification
- No new bar check mechanism, potentially opening and closing positions repeatedly on the same bar
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
LWMA_Period | 14 | No-lag LWMA calculation period |
Lots | 0.1 | Fixed lot size (used when money management is disabled) |
Stop_Loss | 0 | Stop loss in points, 0 means no stop loss |
Take_Profit | 0 | Take profit in points, 0 means no take profit |
MagicNumber | 21048 | EA unique magic number identifier |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.