Description
LittleCrazy MT4 is a fully automated trading system designed for Forex traders looking for aggressive, high-profit potential. This Expert Advisor (EA) is particularly suitable for those willing to take on significant risk for the chance of substantial returns. It’s a hands-off solution, making it ideal for traders who prefer not to manage trades manually. However, with its high-reward potential comes the possibility of considerable risk, including the potential for account blowouts.
Key Features
Fully Automated: LittleCrazy MT4 is designed to operate independently, requiring no manual input or special skills from the trader. Once set up, the EA manages all aspects of trading, from opening to closing trades.
Aggressive Trading Strategy: This EA is known for its aggressive approach, trading at the limits of possible risks. It aims for high returns but also carries a significant risk of large drawdowns.
No Complex Setup Required: The EA is designed for simplicity. You only need to run it on three specific currency pairs: AUDNZD, NZDCAD, and AUDCAD, using the M15 timeframe. There are no complex parameters to configure, making it accessible even for novice traders.
Adaptability to Small Deposits: LittleCrazy MT4 is optimized for accounts with balances as low as $200, making it accessible to traders with smaller capital.
Profitability and Risk
High Profit Potential: According to backtesting data, LittleCrazy MT4 can generate an estimated annual profitability of 200% to 400%. This makes it an attractive option for traders seeking significant returns.
High Drawdown: The EA’s aggressive strategy comes with an expected maximum drawdown of 90% or more. This means that while the potential for profit is high, the risk of substantial losses is equally significant.
Risk Warning: This EA is extremely aggressive, and traders should be prepared for the possibility of their accounts experiencing large drawdowns or even being completely depleted.
EA Setup
- Charts and Pairs: Run the EA on three separate charts for the following currency pairs: AUDNZD, NZDCAD, and AUDCAD.
- Timeframe: Set all charts to the M15 timeframe.
- Leverage and Balance: The account should have a leverage of at least 1:500 and a minimum balance of $200 (or the equivalent in your currency).
- Account Currency: There are no restrictions on the account currency.
- Virtual Take-Profit: The EA includes an option to use a virtual take-profit, meaning it tracks take-profit levels internally rather than setting them directly on trades.
What’s in the package?
Original website:
(Working on version 1420+)
Content: Expert: LittleCrazy 1.12.ex4
Conclusion
LittleCrazy MT4 is a powerful EA for traders who are willing to take on high risks for potentially high rewards. Its fully automated nature and simple setup make it accessible, but its aggressive trading style demands caution.
