The AUDNZD Otaku EA is a free automated forex robot designed specifically for the AUDNZD currency pair, though it is adaptable to other pairs. This EA focuses on both scalping and intraday strategies, executing trades independently for each strategy.
This EA avoids high-risk trading methods like martingale, hedging, or grid strategies, ensuring that all trades are protected with Stop Loss settings. On average, it executes 5 to 10 trades per week and may sometimes go days without trading. Additionally, it limits itself to a maximum of two trades in the same direction at any given time, helping to manage risk.
Two versions of the AUDNZD Otaku EA are available: V100 and V300. While testing these versions separately may not yield high profitability, running both side by side has shown to produce more favorable results.
Recommendations for Using AUDNZD Otaku EA
Minimum Account Balance: $20 for 0.01 lots
Primary Pair: Optimized for AUDNZD but compatible with other pairs
Best Timeframe: M5; works on any timeframe
Profitability Tip: Run both V100 and V300 versions simultaneously for optimal results
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness