Description
What is OctotraderAI EA?
Octotrader AI EA is a cutting-edge Expert Advisor built for automated trading on the MetaTrader 4 platform. It simplifies Forex trading by adapting to changing market conditions in real time, ensuring steady and reliable performance. Powered by an advanced algorithm, it merges artificial intelligence with classic technical analysis to provide accurate market predictions while maintaining strong risk management protocols.
Key Features
- Dynamic Lot Sizing automatically adjusts trade sizes based on your account balance and chosen risk levels for optimal performance.
- Drawdown Protection: Safeguard your account with controls limiting daily and overall drawdown, making it highly suitable for Prop Firm trading.
- Trailing Take Profit: Lock in profits as the market moves favorably, allowing trades to capitalize on strong trends while securing gains.
- Batch Trading: Manage positions more effectively by opening multiple trades within a batch, offering greater flexibility in your trading strategy.
- Recovery Mode: Implement a strategic approach to recover losing trades by placing additional positions to mitigate potential losses.
- News Filter: Steer clear of volatile market conditions by avoiding trades during major news events, thanks to the built-in news filtering feature.
Additional Features:
Prop Firm Settings
- Drawdown Limiter: Control daily and total account drawdown limits.
- Initial Account Size: Set the account size for drawdown calculations.
- Max Account/ Daily Drawdown: Define drawdown limits as a percentage of the account size.
Lot Sizes
- Lot Calculation: Choose between Balance, Equity, or Fixed Lot Size.
- Fixed Lot Size: Set a specific lot size for trades.
- Max Risk: Specify the risk percentage for each trade.
Batch Settings
- Trades per Batch: Set the number of trades in each entry batch.
Trade Settings
- Take Profit: Use fixed or trailing take profit.
- Stop Loss & Max Spread: Set stop loss in pips and define maximum tradeable spread.
Recovery Settings
- Recovery Batches: Limit the number of recovery attempts.
- Trade Distance & Lot Multiplier: Set pip distances and adjust lot sizes for recovery trades.
News Filter
- Filter Settings: Avoid trading during news events based on impact levels and time filters.
General Settings
- Magic Number & Comments: Assign a unique ID and trade comments.
- User Interface: Customize display and font size on the chart.
Features
- Recovery Mode: Automatically recover losses using Fibonacci-based strategies.
- Trailing Profit Mode: Lock in profits during strong price moves.
Backtest
Trained and tested on 100% quality data (2010–2023) with forward testing through September 2024.
System Requirments
- Platform: Compatible with MetaTrader 4 (MT4).
- Currency Pair: Optimized for trading EUR/USD.
- Timeframe: Works effectively across various timeframes.
- Minimum Deposit: A minimum of $200 is recommended.
- Leverage: Supports flexible leverage options.
MQL5 Review and MT4 backtest
OctotraderAI Signal Reports
Why Choose OctotraderAI EA?
- Advanced AI Integration: Combines artificial intelligence with traditional technical analysis for precise market predictions.
- Dynamic Adaptability: Adjusts trading strategies based on account size and market conditions for optimal performance.
- Robust Risk Management: Features drawdown limiters, customizable risk levels, and safe trading mechanisms, ideal for Prop Firm requirements.
- Recovery Mode: Strategically recovers losing trades with additional positions, minimizing losses over time.
- Flexible Lot Sizing: Automatically calculates lot sizes based on balance, equity, or fixed parameters.
- News Filter: Avoids trading during high-impact news events to reduce volatility risks.
- Extensive Testing: Backtested with 100% historical data and forward-tested for reliability and consistency.
- User-Friendly Design: Easy setup with customizable settings to fit beginner and professional traders.
Octotrader AI EA is the ultimate choice for those seeking smart, adaptive, and efficient trading automation.
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OctotraderAI EA Free Download
OctotraderAI is a professional expert advisor and is currently not available for free. If you find it for free, use it at your own risk.
Pricing and Plans
Download OctotraderAI for $19.99
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