New RichLazy Copy Trader - MT5 Only
Don't use this on Fxify Prop Firm as it will be flagged for 'group trading' and your account closed!
Small real money test account started 1st April
High Frequency S&P500 Trading (50 Trades pw 100%+ pm) In response to the impossibly difficult Forex/Gold trading conditions, we have developed extremely profitable Algotrading software to scalp the M5 S&P 500 chart. Trading the best European Session 3 hour slot and the best US Session 3 hour slot, these frequent short trades bypass the current unpredictable conditions and easily produces 100% a month with extremely low drawdowns (under 15%). This is achieved by low risk 'recovery trading' any losses. There were two 'normal' options for this new trading - either sell the software or create a client Investment Account. The first has the problem of different brokers and frequent updates to settings if and when conditions change (not to mention the chaos when server times change when the clocks change) and the second is simply so much stress and responsibility that trading becomes a nightmare! So, the solution was copy trading. Copy Trading normally fails because of using different brokers (price and spread differences) and time lag. In order to overcome this, you must use a Standard IC Markets MT5 account running on our recommended VPS located in Amsterdam - the same as ours. This way, prices will be identical and time lag under 0.25 seconds. Use the International 'Global' website to get 1:500 leverage. Below are the results for the four weeks of March. Because of the EU/UK clock change on the 30th, the morning session needs another week of live testing to be sure the trade time is correct (the US session was never a problem as the server time changed with the US clock change). Shown is the maximum recommended trading size which gives a net profit of over $2,200 on a $1,000 account in just 4 weeks with 248 trades and a drawdown under 15% with the biggest loss being $240. It is strongly suggested to trade half this size and still get 100% a month with a big safety margin. Because of Lot sizing limitations, the largest account this can be run on is $12,500 and the smallest is just $100 using copy multipliers of 12.5 and 0.1 respectively! Release is planned for Saturday 5th April to allow more testing and it will have a limited time introductory price of $29.95 and month increasing to a more realistic $49.95 after a while. The copying software is free and simple to install using a free account created with FxBlue.com and I will be creating full instructions shortly.
Installation and Guide
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