PRICE WILL INCREASE EVERY 1 TO 2 WEEKS. GETTING IT EARLY GETS YOU THE BEST PRICE.
Lazy Trader was designed to do all of the complex trading for you, so you can you relax on your couch, or sleep the night away. There is no reason to learn how to trade Forex when using Lazy Trader.
YOU DO NEED TO UNDERSTAND RISK AND MONEY MANAGEMENT HOWEVER...... Ok to Be Lazy and Smart, but PLEASE not Lazy and Stupid. READ THE RISK WARNING BELOW.
Lazy Trader uses a very complex correlation system with 6 symbols. Do not worry, you will not need to understand everything. The logic is designed to take trades in both directions if needed until the equity take profit is reached and closes all positions.
Lazy Trader uses a Moving average and detects 3 sets of 2 pairs of Symbols.
If you run 6 UNIQUE pairs like the DEFAULT SETTING AUDJPY,NZDJPY,AUDUSD,NZDUSD,AUDCAD,NZDCAD the EA will analyze these as follows:
AUDJPY,NZDJPY - EA Detects when AUDJPY is on one side of the Moving Average and NZDJPY is on other side of moving average to open trades
AUDUSD,NZDUSD - EA Detects when AUDUSD is on one side of the Moving Average and NZDUSD is on other side of moving average to open trades
AUDCAD,NZDCAD - EA Detects when AUDCAD is on one side of the Moving Average and NZDCAD is on other side of moving average to open trades
As with any expert advisor or trading any markets there is always risk involved. You can be lazy and smart but not lazy and stupid. Understand the risks with all Forex trading even if you are using a high probability Expert Advisor. There are always market conditions that can cause heavy drawdowns. Make you are not using high lot sizes with this EA because it will open a lot of trades sometimes if using the default settings. Now there are settings we have that can limit the amount of open positions and reduce drawdown in case you want to trade AUTO and close some positions manually when a trade set up is not working as well.