Hi fellow traders,
In the last 10 months I’ve been developing an EA called [B]Crazy Ivan[/B] that can handle [B]EURUSD [/B]and [B]USDJPY [/B]positions for some time (from a few minutes to a few days).
The positions are taken based on an ATR and Commodity Channel Index combination invented by me and are sold when they reach 5 to 30 pips (depending on the time of the day and the market conditions).
I’ve tested a few brokers but best results have been obtained at FinFx because they have really low spreads, ECN and I haven’t seen a single re-quote on those two pairs.
[B]Crazy Ivan has a money management feature[/B] included that makes investments go bigger with Equity and free margin growth.
I’m running Crazy Ivan in a real account for more than two months and in a 5k initial deposit demo account started 15 days ago only with EURUSD.
See the results for yourself and, please, let me know what you think about it and ask all the questions you want.
(click on the images to get detailed information about the account and related transactions)
[B]Crazy Ivan[/B] runs on M5 timeframe and is fully automated - no human intervention whatsoever.
The EA trades without interruption 24/5 stopping only if the spread on any of the pairs goes over 3 pips and resuming automatically afterwards.
This is the [B]5k account[/B] that started trading on August, 7, 2012 trading only with EURUSD (4% risk)
This is the [B]50k account[/B] that started trading on August, 17, 2012 trading with EURUSD and USDJPY (2% risk on each pair)
This is the [B]1000k account[/B] that started trading on August, 20, 2012 trading only with EURUSD (4% risk)
(click on the images to get further information about each account)
Hi Mendonca,
It is doing well so far.
If it is a real account you probably want to be a bit more conservative with your money management. 44% DD is a bit risky?
Hi goldylox,
In my real account I have precisely the same risk - 4%.
The DD is a necessary risk in this strategy but the constant flow of orders with profit reduces that potential problem.
One has to be bold…
Hi felipebr,
I’m planning to sell it but only after it tests itself profitable in the next few weeks.
The business model is already being studied but not yet defined.
Stay tuned and further info will be posted here.
One important information about this robot is that it needs a start investment of at least 3k EUR or 4k USD (preferably 5k to be more comfortable).
No plans to improve the DD because it is part of the strategy.
The target is really ambitious and is to reach 100% profit each month. Please don’t laugh too much…
To get that kind of profit you must somehow improve the risk.
In this strategy we must live with that but if I can find a way to reduce it no doubt I’ll do it.
LOL !
Fortunately there are no planes (nor pilots) in this business! (but the message was perceived…)
But every transaction and move will be absolutely clear and shown.
If the “bold pilot” will reach his destination you’ll all know.
If it crashes you’ll also know.
Simple as that.
Now… [B]imagine that you have 1.000.000 EUR to invest[/B].
Is [B]Crazy Ivan[/B] able to make something out of them or will just smash them down to a piece of nothing?
I don’t know and I just setup this account for the fun of it.
I’m very curious but honestly only on sandbox mode I would have the guts to do this…
Actually I’m not as bold as that :).
Trading starts August, 20, 2012.
(click on the images to get detailed information about the account and related transactions)
After the first 16 hours running the [B]Crazy Ivan[/B] 1000k made 3.98%.
My target is to make 100% per month (5% per day…) - 2000k equity in the first month… the first day target is not far but my doubt is if it can keep the pace…
Balance: 1.039.836
Equity: 1.033.177
DD: 5.12%
As we all know things can go wrong anytime but for now I think it’s not very bad…
First 24 hours of [B]Crazy Ivan[/B] trading in the 1000k account and things are running smoothly:
Balance: 1.061.314
Equity: 1.051.122 (more than 5% profit in the intraday)
Max DD: 5.12%
that started trading on August, 20, 2012 trading only with EURUSD (4% risk)
