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Octotrader AI MT4

Octotrader AI is a complex and novel algorithm that uses Artificial Intelligence in combination with traditional technical analysis to predict market movements. It features a revolutionary recovery mode that splits each entry into several smaller trades and closes them one by one with profits gained from other trades. It offers a dynamic trading strategy that adapts to your account size, incorporating cutting-edge features for prop firm trading and ensuring safety through drawdown limiters and a highly customizable risk management system.

This Expert Advisor makes use of Recurrent Neural Networks, specifically Long-Short-Term-Memory cells, that are trained using data from technical analysis indicators. Through this method, the EA is able to learn which indicators are most relevant for future price movements and act upon them. Furthermore, LSTM networks are particularly suitable for time series analysis as they are able to consider both short- and long-term historical data.

Note: This is a limited introductory offer: Only 1 of 10 copies of this EA will be sold at the current price. Next price: $899

The price of this EA will be increased rapidly to limit the number of users trading with this system.

Live Signal: https://www.mql5.com/en/signals/2262516

Important: Please contact us directly through PM after you have purchased the product to receive additional information and extras.


Features

  • Dynamic Lot Sizing: Adjusts lot size automatically based on account balance and risk levels.
  • Drawdown Limiters: Protect your account from excessive losses with maximum account and daily drawdown controls, making it ideal for Prop Firm Trading.
  • Trailing Take Profit: Set trailing take profits to secure gains and maximize potential profits from strong price movements.
  • Batch Trading: Open multiple trades per batch for more flexible position management.
  • Recovery Mode: Attempt to recover losing positions with additional trades, based on a flexible recovery strategy.
  • News Filter: Avoid trading during high-impact news events with an integrated news filter.

Mechanics

Instead of opening just a single trade, this EA will open multiple smaller trades at the same time. If the market changes and the position becomes a loss, the EA will gradually close the losing positions with the profits gained from additional trades.

The EA includes powerful risk management features, including maximum drawdown limits for both the account and daily trading activity, ensuring you stay within your desired risk parameters.

Every position always has a fixed or trailing Take Profit and a fixed Stop Loss set from the beginning. Although the values can be changed, it is recommended to keep the default values which were optimized for a prolonged backtesting period. There will always be a maximum of one open position at a time per symbol, plus any potential recovery trades.


Currency Pairs and Timeframes

The network was trained to learn the historical market movements of the EURUSD pair. However, you can always test and experiment with other currency pairs. The EA uses the M5 timeframe internally, but you can attach it to any timeframe chart and it will always be working in the same way.


Input Parameters

Prop Firm Settings
  • Drawdown Limiter: Activate or deactivate the drawdown limiter to control account and daily drawdown limits.
  • Initial Account Size: Sets the initial account size for drawdown calculations.
  • Max Account Drawdown: Defines the maximum permissible account drawdown as a percentage of the initial account size.
  • Max Daily Drawdown: Defines the maximum permissible daily drawdown as a percentage of the initial account size.
Lot Sizes
  • Lot Calculation Method: Choose whether to calculate the lot size based on Balance, Equity, or a Fixed Lot Size.
  • Fixed Lot Size: Sets the lot size for trades when using fixed lot sizing.
  • Max Risk Percentage: Defines the maximum risk for the initial trade batch as a percentage of the account balance or equity.
Batch Settings
  • Number of Trades per Batch: The number of trades to be opened for each entry in a batch.
Trade Settings
  • Take Profit Type: Sets the type of Take Profit method to either fixed or trailing.
  • Take Profit (pips): Sets the Take Profit value in pips.
  • Trailing Take Profit (pips): When the initial Take Profit is hit, a trailing stop is set at this value to secure gains.
  • Stop Loss (pips): Sets the Stop Loss value in pips.
  • Max Spread (points): Sets the maximum spread at which a trade will be executed. If the current spread exceeds this value, no trade will be opened.
Recovery Settings
  • Max Recovery Batches: Defines the maximum number of recovery trade batches that will be executed to recover losing trades.
  • Recovery Trades Distance (pips): Sets the distance in pips between recovery trades.
  • Percentage of Profits used for Recovery: Defines how much of the profits should be allocated for recovering losing trades.
  • Recovery Lot Multiplier: Sets the multiplier for lot sizes of recovery trades.
News Filter Settings
  • News Filter: Activates or deactivates the News Filter to prevent trading during high-impact news events.
  • Event Impact to Filter: Specifies the minimum level of event impact (low, medium, high) to be filtered.
  • Filter Trades n Minutes before Event: Prevents trades from being opened within the specified number of minutes before a news event.
  • Filter Trades n Minutes after Event: Prevents trades from being opened within the specified number of minutes after a news event.
General Settings
  • Magic Number: A unique identifier for the EA, used to differentiate trades when running multiple instances of the EA.
  • Trade Comment: A comment attached to each trade executed by the EA.
  • User Interface: Toggles the display of the EA's user interface on the chart.
  • User Interface Font Size: Sets the font size of the user interface displayed on the chart.

Recovery Mode - With recovery mode, you can attempt to recover a losing position automatically by opening additional trades to gradually close losing positions one-by-one with the profits. This method is based on the Fibonacci Retracement theory.

Trailing Profit Mode - With a trailing profit mode, you might be able to take advantage of large price movements in a favourable direction. This can also be used in conjunction with the recovery mode.

Backtest

During the development, this Neural Network was trained and tested for the backtesting period between 01.01.2010 and 31.12.2023 on 100% history quality data. Additionally, the EA was forward-tested until September 2024.

You can replicate the backtest results from the screenshots below by using the following backtest settings:

  • Symbol: EURUSD
  • Timeframe: Any
  • Modelling: 'Every Tick based on Real Ticks' is recommended. '1-minute OHLC' may also be sufficient but less accurate.
  • Deposit: Minimum 200 is recommended
  • Leverage: Any

If you have any questions or need help with setting the Expert Advisor up, please do not hesitate to contact us through PM. We will always try to reply as quickly as possible.


Before buying this product, please make sure you understand the risks involved with trading and that past performance is no guarantee for future results.

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Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve
Diamond Titan FX MT4
Lo Thi Mai Loan
5 (6)
Hello, I am Diamond Titan FX. This EA is specially designed for US30 pairs. The EA does not use any risky strategies like Martingale or Grid. By default, the EA sets a fixed SL of 50 pips for each trade, but you can change it if you wish. The EA also implements a trailing stop that locks in profits from 10 pips, which you can modify. It features a drawdown management function for the entire account. The EA includes a news filter option if you want to disable trading during news events. Special:
Supply Demand EA ProBot
Georgios Kalomoiropoulos
5 (2)
Fully Automated EA based on Supply and Demand Principles. The first Supply and Demand EA that is offering Complete Automation . Now trading Becomes Effortless, offering full control over your trading strategy through a User-Friendly graphical Trading Panel. You get a Super High Quality Algorithmic Trading Software that contains more than 15,000 lines of code. The best way to trade "Prop Firms Challenges" and Pass all the Stages to be a Quilified Trader. Supply Demand EA ProBot Manual      ||  
Chaos Algo Trading EA
Stefano Frisetti
3.67 (3)
DESCRIPTION With the CHAOS ALGO TRADING EA, You dont need anymore to guess prices direction, You can profit when prices move either in mark up or in mark down from the moment You activate the EA in Your trading account. The ALGO TRADING EA was created to fully automate the TRADING STRATEGY OF CHAOS, leaving the single TRADE OPEN and TRADE CLOSE to the EA, and keeping for the TRADER only the decision when to activate it or close it. The EA is best used in loops; so if USER activate it, and then
Daytrade Pro Algo
Profalgo Limited
5 (5)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
AI NeuroX EA MT4
Denis Kurnev
5 (5)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Green Hawk MT4
Rashed Samir
5 (2)
Green Hawk is a professional scalping expert. The strategy is based on smart scalping algorithms which trades in certain periods of the market. The system does not use risky strategies such as grid or martingale. Trading is done based on the return of the price in short periods. All trades are closed within hours. Take advantage of the current launch promo price. I will increase the price In the near future. Next Price: $800 The final price will be $2000 FEATURES Multi Symbols   in one chart op
AI Meta EA MT4
Denis Kurnev
4.43 (7)
Introducing the AI Meta EA advisor - a remarkable leap in the world of trading! If you've always aspired to something greater and uncharted, then AI Meta EA is what you need. It harnesses cutting-edge artificial intelligence technologies, developed using neural networks and hidden algorithms in the deepest corners of the internet. What makes AI Meta EA so uniquely exceptional? Forget about old strategies and mundane indicators! My advisor possesses an intuition that even the most experienced tra
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