The LT Trend Sniper system is a Forex strategy that I designed and automated in 2012. It went through a live forward testing phase of two years (2013 & 2014) and it currently trades on a real money account.
The LT Trend Sniper is a simple system that operates based on one entry rule only and two exit rules. It is entirely based on price action and uses exactly zero indicators for its trading decisions. Its simplicity is what makes it robust and likely to keep delivering profits in the future as it exploits a very basic characteristic present in any market where trends are developed. It has successfully been tested in pairs such as: EURUSD, GBPUSD, AUDUSD and also GOLD (XAUUSD). Although the best results by far are obtained from the EURUSD.
As the name suggests, the strategy attempts to catch trends. Very long term trends in fact on the daily time-frame. Once a trend is identified the system will attempt to ride it for as long as possible, sometimes for even 2 or 3 months, in order to maximize gains. No target profit is ever defined. Instead, the system will try to exploit the trend to its limit, until the trend is as close to its end as possible.
The strategy was designed with the following principles in mind:
1- Reliable back-testing that doesn't exploit Metatrader's interpolation errors.
2- A mathematical expectancy analysis to calculate, demonstrate and quantify a positive edge.
3- A wide parameter space of profitable combinations of different parameters.
4- Optimization made through Parameter Ranking selection.
5- Dynamic position sizing to keep a consistent risk per trade.
6- Dynamic calculation of Stop Loss distance according to current volatility of the currency pair, in order to adjust to the ever changing nature of the markets.
7- Winning trades are typically much larger than losing trades, and Trailing Stop Loss mechanisms exist to protect profits and reduce draw-downs.
Different Configurations and Returns
The Sniper can be configured in 5 different risk modes: Very Conservative, Conservative, Moderate, Aggressive and Very Aggressive. At the same time the trader can choose different Stop Loss settings to target greater returns (at the expense of smaller, more frequent losing trades), all of which is detailed in the documentation.
Aggressive Position Sizing - Conservative Stop Loss
Back-test + Out of sample testing period: 2000 - 2012
The Sniper can also be played as a portfolio of multiple instruments. Consider the following portfolio.
EURUSD + GOLD + GBPUSD + AUDUSD
January 1, 2000 – December 31, 2012 (13 years)
Stop Loss Distance: Conservative
Risk Level: Moderate (EURUSD, GOLD), Conservative (GBPUSD, AUDUSD)
Average Annual Return: +20.33%
Maximum Draw-down: 15.64%
With this portfolio the system delivered and Average Annual Return (AAR) of +20.33% over 13 years with a Maximum Draw-down (MDD) on the equity curve of 15.64% for a solid AAR/MDD ratio of 1.30. This performance easily beats the returns of audited professional Forex traders reported on the Barclay Currency Traders Index. In thirteen years, the capital ended up multiplied 10 times, for a 912% aggregated return. What is best: It has continued delivering positive results since then.
For more details about the design of the strategy, the evaluation of its edge, performance, live forward results, different configurations, capital requirements and much more, download the LT Trend Sniper free documentation guide.
The LT Trend Sniper is the culmination of 3 years of work and dedication. Hundreds if not thousands of hours have been dedicated to the research, design and testing of this Forex trading strategy with the goal of creating a robust system that has a great likelihood of survival in the future, hopefully for as many years as I actively trade. Now I'm sharing it with the world and giving everyone a chance to make it their own.
If you think this trading system can be a good addition to your trading arsenal, consider the purchase of the system for only $95. Much less than what is typically charged for unprofitable, over curve-fitted unprofessional EAs out there that can't survive a month of live trading. As part of the purchase you get the Strategy description, an Installation and Configuration guide, plus my personal support setting it all up if needed.
Expert Advisor for Metatrader
Strategy Description and Configuration Guide
I feel that in order to truly exploit the Sniper, traders need to have not only an EA but also a complete guide at their disposal detailing everything about the strategy: Entry logic, Exit rules, Stop Losses, Position sizes, Portfolio approach, different configurations and more. I was always an enemy of black-box Expert Advisors where you never know what is really going on and very quickly you just stop trusting the robot. Trading a long term profitable system takes a high degree of confidence which only comes from a deep understanding of all the details of what you are trading. That's why the entire strategy is disclosed to the last detail, so that you achieve the necessary level of understanding required to stick with the system for the long run.
Thanks for reading folks!
Results - 2014
Results - 2015
The results of the system are tracked on the Results page
Special Offer: If you own the LT Trend Sniper, you can get the Impatient Sniper at a 50% discount. Read about it here.
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