FireStorm Odin EA is a fully automated Free forex EA. Developed by a team of experienced traders, Firestorm Odin V2 EA is not your typical High-Frequency Trading (HFT) or Grid Trading Bot. Instead, it utilizes a unique trading strategy that doesn’t involve hazardous trading styles.
Firestorm Odin EA is a Support & Resistance, Price Action Bot that can run on NAS100, EURUSD, and other significant pairs 24/5 with a 1-3% drawdown on a 100k+ prop firm account. The bot runs on computer MT4 terminals, and while a VPS is not required, it can be helpful.
One of the most significant advantages of Firestorm Odin V2 is its flexibility regarding account sizes. The minimum live account size is $100, running on a 0.01 EURUSD lot size, making it accessible to traders with limited resources. However, for NAS100 settings, the minimum account size is $1500.
Another significant advantage of Firestorm Odin EA is that it can pass a prop firm account, which can be an excellent way for traders to gain access to more substantial capital and reduce risk. The timing for passing a prop firm account can vary between 5-28 days, depending on the account size and the set files used.
It’s important to note that while the developers state that the bot does not use the Grid Trading method, it utilizes a similar and equally risky approach known as Martingale. Martingale is a betting strategy that doubles the bet size after every loss to recover previous losses quickly. Traders need to be aware of the potential risks associated with Martingale and use proper risk management when trading with Firestorm Odin EA.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how FireStorm Odin Robot works, then only use it in a real account.
Recommendations for FireStorm Odin EA
- Minimum account balance of 100$(equivalent standard account) or FTMO challenge account of 100K+.
- Work Best on AUDNZD, AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY, XAUUSD(GOLD), US30, NAS100(US100). (presets given for other good pairs and FTMO challenges)
- Work Best on H1 Timeframe (any Timeframe)
- The Best FireStorm Odin V2 should work 24/7 on VPS to reach stable results. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
This EA Works with FTMO Funded Trader Program, But it also works on other funding programs. We recommend FTMO. (Learn how these trading firms work HERE.)
- Read More FireStorm Scalper EA V5 FREE Download
In conclusion, Firestorm Odin EA is a unique and reliable Forex trading bot that can help traders with their trading strategies. Its Support & Resistance, Price Action approach, flexible account sizes, and potential to pass a prop firm account make it a valuable tool for traders. However, it’s essential to remember that while the bot doesn’t use the Grid Trading method, it uses a similar and equally risky strategy known as Martingale, so proper risk management is crucial.
Sir Please give mt5 EAs.
Many of us now don’t use mt4 anymore.
We will look into sharing more MT5 Robots😊.
Thanks Admin will test it.
Obviously testing this this from Tuesday
crack it, please
invalid file format. cant even install it on MT5
Sorry, but this is for MT4. It won’t work on MT5. Here are some MT5 EAs and Indicators https://www.forexcracked.com/tag/MT5/
Is there any description of the input parameters?
what set files do we use for FTMO
funciona para una cuenta standar mt4 normal?? mo??
stop loss dont work
Does this come with a lincense key?
i have message on info EA tell me the expert advisor expired in 31-06-2023 ? is not free EA ??
During back testing ,this shows in the Journal “Cannot load SLM.dll  “. I followed the instruction to copy and paste it in the Libraries but still this message showing. kindly advise what to do to resolve this issue. Thank you.
forget this error. is to bypass licence key
Please give more of latest and updated EA for Mt4 also latest and updated indicator for Mt4 thanks admin
this is the best EA , almost everything else tested here
Can u tell what parameters do u use?
It doesn open any operation to me