Lazarus EA MT4 V1.2 with Setfiles

What is Lazarus EA MT4?

Lazarus EA MT4 is a fully automated EURUSD trading robot for MetaTrader 4, claiming to deliver exceptional returns through proprietary algorithms without using high-risk Martingale or Grid strategies. This EA achieved reported gains of +4.72M% from a $100 deposit in backtests, though with significant drawdowns reaching 70.86%. Operating exclusively on 1-minute charts, it promises “set and forget” automation for traders seeking hands-off trading solutions.

Key Takeaway

• Trading Strategy: Utilizes undisclosed proprietary algorithms with claimed “fundamental analysis features” and secret analytical components, though specific indicators or entry/exit logic remain unspecified

• Core Algorithm: Operates on 1-minute EURUSD charts using a black-box approach that avoids traditional Martingale and Grid systems, though the actual trading methodology lacks transparency

• Risk Management Features: Includes configurable stop loss (10-20 pips), trailing stops (4-6 pips), and flexible lot sizing options with both manual lots (0.1-0.5) and compounding capabilities based on risk percentage (6-10%)

• Performance Claims: Backtest results show gains of +1.92M% to +4.72M% with monthly growth rates of 53-60%, but accompanied by extreme drawdowns of 40-71% that represent catastrophic capital risk

• Automation Benefits: Complete hands-off operation eliminates emotional trading decisions and constant monitoring requirements, though users sacrifice strategy transparency and control over entry logic

• Primary Risk: Extremely high drawdown levels (up to 70.86%) combined with outdated performance data (2015-2016) and unverifiable strategy create substantial capital preservation concerns for most traders

Recommendations for Lazarus EA MT4

• Trading Platform: MetaTrader 4 (MT4) exclusively

• Currency Pairs: EURUSD only – no diversification across multiple pairs increases concentration risk

• Account Types: Standard accounts recommended – ECN compatibility unclear due to scalping nature

• Timeframe: M1 (1-minute charts) exclusively – requires stable, low-latency connection for optimal execution

• Trading Hours: 24/7 operation with optional time filtering (recommended to use VPS for continuous operation)

• Leverage: Not specifically stated – exercise extreme caution as high-frequency scalping typically requires careful leverage management to avoid margin calls during drawdown periods

• Minimum Deposit: $100 minimum stated, though significantly higher capital recommended given the documented drawdown levels of up to 70% for adequate risk management

Lazarus EA MT4 Review

Lazarus EA MT4 offers complete trading automation with impressive backtest gains, but extreme drawdowns and strategy opacity create substantial risks for most traders.

Backtest Performance Snapshots:
• 2015-2016 Backtest: +4.72M% gain with 40.77% drawdown – exceptional returns offset by significant capital risk

• Alternative Report: +1.92M% gain with 70.86% drawdown – astronomical profits accompanied by catastrophic risk levels

• 2024 Test: Limited one-month data showing positive results, though marked as “crude method” with unreliable validation

Why Choose Lazarus EA MT4

• Complete Automation: Eliminates manual monitoring and emotional trading decisions on fast-paced M1 charts, though users sacrifice understanding of entry/exit logic and strategy adaptability

• Non-Martingale Approach: Avoids traditional high-risk strategies like Martingale and Grid systems, yet still produces extreme drawdowns suggesting alternative high-risk mechanisms

• Exceptional Return Claims: Backtests show potential for extraordinary gains (+4.72M%), but performance data is from 2015-2016 and may not reflect current market conditions

• Flexible Risk Settings: Offers customizable lot sizing and risk management parameters, though even conservative settings may not protect against the EA’s inherent high-drawdown characteristics

• VPS Compatibility: Designed for continuous operation on virtual private servers, ensuring 24/7 market participation but requiring additional monthly hosting costs

Conclusion

Lazarus EA MT4 delivers exceptional backtest returns but with extreme drawdowns and strategy opacity that suit only high-risk speculators. Conservative traders should avoid due to potential 70%+ account drawdowns, while experienced traders might consider small-capital testing given the astronomical profit claims and automated convenience.

Lazarus EA MT4 Download Packages:

• Link download experts:
  • Lazarus EA MT4.ex4
• Presets:
  • Lazarus.set
  • Lazarus Expert v1.2.set

FAQs