LittleCrazy EA V1.12: A Smart Trading Bot
Introduction
The LittleCrazy EA V1.12 is ultimate trading EA designed to simplify the trading process for traders of all levels. Whether you’re a seasoned pro or just starting out, this EA has got you covered. Let’s dive into the details:
- Minimum Deposit:
- The EA is adapted to work on small deposits, starting from $200. However, we recommend a deposit of at least $500 for optimal performance.
- Timeframe:
- The recommended timeframe for running the LittleCrazy EA is M15 (15-minute charts). This allows for efficient trade execution without excessive waiting time.
- Platform:
- You can use the LittleCrazy EA on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Just fire up the EA, and it will handle everything for you.
- Supported Currency Pairs:
- The EA focuses on the following currency pairs:
- AUDNZD
- NZDCAD
- AUDCAD
- EURUSD
- The EA focuses on the following currency pairs:
- Trading Strategy: Scalping and Loss Recovery
- The LittleCrazy EA combines two powerful strategies:
- Scalping: It identifies short-term price movements and aims to profit from quick trades.
- Loss Recovery: If a trade goes against you, the EA employs a smart recovery mechanism to minimize losses and get back on track.
- The LittleCrazy EA combines two powerful strategies:
- Risk Management: Stop Loss (SL) and Take Profit (TP)
- The EA uses predefined stop loss and take profit levels to manage risk effectively. This ensures that your account remains protected even during volatile market conditions.
How the EA Takes Trades
- Scalping Mode:
- When market conditions are favorable, the EA looks for quick opportunities to enter and exit trades. It capitalizes on small price fluctuations.
- It monitors price patterns, moving averages, and other technical indicators to make informed decisions.
- Loss Recovery Mode:
- If a trade hits the stop loss, the EA doesn’t panic. Instead, it enters a recovery phase.
- It analyzes the market, identifies potential reversal points, and gradually recovers the loss by opening new positions.
- The recovery process is systematic and disciplined, ensuring that losses are minimized over time.
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