Question 1

Is LazyBoy Scrapper Scalper EA a scalping EA?

Accepted Answer

Yes. It is primarily a Gold scalping EA that focuses on capturing small price movements and bounces in the XAUUSD market throughout the day.

Question 2

Does this EA use Grid or Martingale?

Accepted Answer

It uses a form of grid-style position management on losing trades (Grid Reset on Losing Positions), but it is not a classic Martingale EA. It focuses more on controlled recovery rather than aggressive lot doubling.

Question 3

Can the EA use Hedging?

Accepted Answer

Yes. It has an optional Hedging feature that can be turned on. When enabled, it can open opposing positions if the account drawdown reaches a certain percentage.

Question 4

How safe is this EA?

Accepted Answer

It includes multiple safety layers, such as avoiding high volume periods, respecting price brackets, and applying different safety modes based on account size. However, like most scalping and recovery EAs, proper configuration is important.

Question 5

Does the EA have loss recovery?

Accepted Answer

Yes. It features a loss recovery mechanism that can help manage or close losing positions under specific conditions, along with grid reset functionality for losing trades.

Question 6

Can I set a daily profit target?

Accepted Answer

It can be used with prop firms due to its safety features and risk controls, but users should carefully adjust settings (especially lot size and hedging) to meet prop firm drawdown rules.

Question 7

Is this EA suitable for prop firms?

Accepted Answer

It can be used with prop firms due to its safety features and risk controls, but users should carefully adjust settings (especially lot size and hedging) to meet prop firm drawdown rules.

Question 8

Does the EA trade during news or high volatility?

Accepted Answer

It has filters to avoid trading at high volumes and close to strong price brackets. However, the news filter is not very strong, so caution is advised around major news events.

Question 9

What is the main strength of this EA?

Accepted Answer

Its main strength lies in combining Gold scalping with intelligent loss management and multiple safety filters, allowing it to trade frequently while trying to protect the account during unfavorable conditions.

LazyBoy Scrapper Scalper EA MT5Premium

Before You Start