Forex trading has often been perceived as a game for the big players, a notion that LittleCrazy MT5, a fully automated trading system, is challenging. This Forex software has been designed to accommodate small deposits, making Forex for beginners a lot less intimidating.
Automated Trading with LittleCrazy MT5
LittleCrazy MT5 is a fully automated Forex trading software that does not require any special skills or extensive setup from the user. All you need to do is activate the Expert Advisor (EA) and let it work its magic. The EA is designed to work with small deposits starting from $200, making it an accessible trading tool for those with limited capital.
Forex Strategies and Currency Pairs
The EA operates on a 15-minute timeframe (M15) and focuses on three specific currency pairs: AUDNZD, NZDCAD, and AUDCAD. To get the most out of the software, users should run the EA on three separate charts, one for each of the mentioned currency pairs.
Profitability and Risk
As per the backtest data, the expected estimated profitability of the LittleCrazy MT5 ranges from 200% to 400% per year. However, it’s crucial to note that this Forex software is designed to trade aggressively, operating at the limit of possible risks. The maximum drawdown could potentially reach 90% or more. Therefore, users should understand and be comfortable with the level of risk involved before engaging.
Account Requirements and EA Setup
To run LittleCrazy MT5, your account should have a leverage of >= 1:500 and a balance of >= $200 or its equivalent in your currency. There are no restrictions on the account currency. The EA does not require any setup, and there are no settings that can affect operation. You just need to run the EA on three charts, each for AUDCAD, NZDCAD, and AUDNZD.
Input Parameters
The EA comes with predefined input parameters like ‘Prefix_for_comment’, a trades comment prefix, and ‘First_Position’, a permission to open new trades. There’s also ‘Testing_in_a_multicurrency_mode’ which is relevant only when testing in the strategy tester. If true, three currency pairs are tested simultaneously. The operation of this software is not affected by any user settings.
FAQ
Where can I buy the legitimate LittleCrazy MT5?
The official and legitimate version of LittleCrazy MT5 is available only on mql5.com. If you see it being sold on other platforms, those are likely scams selling fraudulent copies.
Where can I see independent testing of LittleCrazy MT5?
Independent testing of this product can be observed on the forexroboteasy.com website. You can also subscribe for updates on the testing results of this product on the same platform.
We invite you to share your experience using LittleCrazy MT5. Remember, this is an independent review of the product, and we value your input in our quest to provide comprehensive information about Forex trading software. Please share your experience and contribute to our growing community of Forex enthusiasts.
Write review