Advisor Bunny 2.0

Advisor Bunny is a fully automatic trading expert, the main feature of which is complete autonomous operation without any intervention from the trader. The second version of the expert was developed in 2011, but its active discussion and modifications by various programmers are carried out on forums to this day.

The Expert Advisor is designed for trading on the pound/dollar currency pair on a minute chart, but as the practice of most testing has shown, the Expert Advisor is clearly not suitable for working on this Time Frame.

At this stage, almost everyone who is still a fan of this robot uses it on a five-minute chart on the euro/dollar and pound/dollar currency pairs.

From a logical point of view, one can assume that the expert is clearly outdated, but as it turned out in practice, it contains a typical martingale and a non-indicator trading strategy that simply does not care about market changes.

Before you start, download the archive with the expert inside at the end of the article. Next, simply install the expert in your Meta Trader 4 trading terminal. Installation occurs by copying the file and pasting it through the data directory of your terminal into the expert folder. After you paste the file into the desired folder, simply restart your trading terminal. After restarting, you need to enter the list of experts, and drag Bunny 2.0 onto the chart of the currency pair on which you want it to trade. You will see settings that I will tell you about below:

 There is a lot of discussion around the tactics by which an advisor opens its positions, but I still haven’t found anything clear. According to my observations, the indicator simply tries to open an order behind the price, analyzing the last tick of the price. If you look at the expert settings, you can only see modules for managing averaging.

Thus, the MultiLotsFaktor line is responsible for the multiplication factor of the next trade in case the martingale is triggered.

In the Lots line, you can specify the initial lot with which the expert will trade. In the TakeProfit line you can change the expert's profit. In the StepLots line you can change the distance between orders when averaging a position . You can also allow the use of trailing stop by enabling it in the UseTrailing line.

In the MaxCountOrder line you limit the maximum number of orders when averaging. In general, I described the main and important settings that you can optimize for successful tests.

The expert decided to conduct the first test on the euro/dollar currency pair on a five-minute time frame. The testing period is from January 1, 2015 to July 1, 2015. I decided to leave all the settings as default. You can see the result in the picture below:

 Based on the test report on this pair, I can say that Bunny earned 150 percent in half a year with a drawdown that reached 40 percent. I decided to conduct the second test on the pound-dollar currency pair for the same period with default settings. You can see the trading result below:

 In terms of the pound, the expert clearly lags behind the euro, since the profit was only 60 percent, and the expert walked on a knife’s edge and was on the verge of losing the account, bringing the drawdown to 86 percent.

Despite the fact that most authoritative resources claim that the expert for small deposits can confidently refute this fact. Based on the results of preliminary tests, we can conclude that the expert is very risky and is suitable only for traders with a stable psyche. But, despite the strong risks, the expert gives an equally high profit, so whether it is worth using it on a cent account is up to you to decide.

Download advisor Bunny 2.0