BUNNY 2.0 – decent dynamics, despite its age!
Greetings, dear readers of the thread about expert advisor tests. Today, by tradition, I would like to share the thoughts and results of testing the BUNNY 2.0 expert. Let me remind you that the expert is, in the classical sense, a martingale, and with a rather risky approach to this method.
The second version of the Expert Advisor was created in 2011, so, to be honest, I did not have any illusions about the possible profitability of the Advisor in real combat conditions of our time, with quite strong unpredictable markets due to the collapse of oil prices.
However, the preliminary test of the expert, which we conducted when reviewing the BUNNY 2.0 advisor , showed good results, which you can see in the picture below:
Based on such an impressive test in the strategy tester, the profit of which was 150 percent in six months, our team decided to do a real test on a demo account. As you probably already know, for such purposes we use a VPS server , so the expert is on the market around the clock without any intervention from us, even on weekends.
In order to bring testing closer to the average user who has a small deposit, a demo account was opened for 5000, which is equivalent to 50 dollars on a cent account. It was decided to conduct testing on the euro/dollar currency pair on a five-minute time frame. The experiment itself began on August 30, 2015 and lasted a week until September 7, 2015. We decided to leave all settings at default. You can see the result of testing the BUNNY 2.0 advisor in the picture below:
As you can see, the picture from the preliminary test in the strategy tester and real trading on a live chart are extremely different. However, the test result was actually impressive. In a full working week, the advisor managed to close 59 transactions, with six more remaining open at the end.
If we talk about indicators, I was extremely surprised by the profit, which amounted to 8 percent for the week. Considering that we were dealing with a risk martingale , the minimum lot was set to 0.01, but the profit was really good. The drawdown for this week did not exceed 1.08 percent, which tells us about a high ratio of profit to drawdown.
The profitability of the trading strategy, which is embedded in the advisor, is confirmed by a very high profit factor, which amounted to 7.52. To be honest, it is very rare if a martingale-based advisor exceeds 2, and I’m generally silent about 7. We are also pleased with the high percentage of profitable transactions, which amounted to 61 percent. If we delve deeper into the testing results, we will notice that the expert had profitable positions mainly on purchases and behaved a little weaker on sales of the euro/dollar.
In conclusion, I would like to say that the expert has shown itself to be very good, and I am also pleased that to use BUNNY 2.0 it is enough to have 50 dollars in a cent account. Therefore, if you do not have large capital, I recommend that you familiarize yourself with the list of brokers that provide cent accounts and try the advisor in action.