Firestrom Odin EA V3 MT4

Description

Firestrom Odin EA V3 MT4 is not your typical run-of-the-mill forex Expert Advisor (EA). Developed by a team of seasoned traders, this fully automated, free trading tool stands out in a landscape saturated with High-Frequency Trading (HFT) and Grid Trading bots. What sets Firestrom Odin EA V3 MT4 apart is its distinctive approach, leveraging Support & Resistance and Price Action.

Key Features:

1. Support & Resistance, Price Action Focus: Unlike risky HFT or Grid Trading methods, Firestrom Odin EA V3 MT4 emphasizes more stable and calculated trading by considering Support & Resistance levels and Price Action.
2. Pairs and Timeframes: Optimized for major pairs like NAS100 and EURUSD, Firestrom Odin EA V3 MT4 operates on the H1 timeframe, striking a balance between capturing market trends and preventing overtrading.
3. Flexibility in Account Sizes: Accommodating a minimum live account size of $100, Firestrom Odin EA V3 MT4 welcomes traders with varying capital sizes. For NAS100 settings, the minimum account size is set at $1500.
4. Prop Firm Compatibility: This EA facilitates compatibility with prop firm accounts, offering access to larger capital. The timeframe for passing a prop firm account varies based on factors like account size and specific set files applied.
5. Risk Management and Martingale: While avoiding Grid Trading, Firestrom Odin EA V3 MT4 employs a Martingale-like strategy. Traders are advised to implement robust risk management practices.

1. Minimum Deposit:
   • To run the Firestrom Odin EA V3 MT4, you’ll need a minimum account size of $1500.
2. Timeframe:
   • The recommended timeframe for running this EA is H1 (1-hour). However, it can also be used on other timeframes.
3. Supported Currencies:
   • Firestorm Odin EA V3 MT4 works well with the following currency pairs:
     • AUDNZD
     • AUDUSD
     • EURUSD
     • GBPUSD
     • USDCAD
     • USDCHF
     • USDJPY
     • XAUUSD (GOLD)
     • US30
     • NAS100 (US100)
4. Lot Size and Risk:
   • The EA operates with a minimum live account size of $100.
   • It runs on a fixed lot size of 0.01 for the EURUSD pair.
   • Be aware that the strategy involves a 3% drawdown, which means it carries some risk.
5. Trading Approach:
   • Firestorm Odin EA V3 MT4 employs a Martingale approach, which can be equally risky.
   • Martingale strategies involve increasing the position size after a losing trade, aiming to recover losses quickly. However, this approach can lead to substantial drawdowns if not managed carefully.
6. Prop Firm Account:
   • If you’re aiming to pass a prop firm account evaluation, ensure you understand the risk associated with Martingale strategies.
   • Monitor your account closely and consider risk management techniques to mitigate potential losses.

Get Started Today :-

• Visit Our Website : https://yoforex.org/
• Join our Telegram channel for real-time updates and discussions : https://t.me/yoforexrobot
• Contact : @YoForexPremium
• Download Firestrom Odin EA V3 MT4  directly from our website : https://yoforex.org/product/firestrom-odin-ea-v3-mt4/

😊HAPPY TRADING😊