The FireStorm Odin EA is a fully automated, free forex expert advisor (EA) developed by experienced traders. Unlike traditional High-Frequency Trading (HFT) or Grid Trading bots, FireStorm Odin V3 employs a unique strategy focused on support, resistance, and price action, steering clear of high-risk trading styles.
FireStorm Odin EA is optimized for trading pairs like NAS100, EURUSD, and other major pairs, running 24/5 with a typical drawdown between 1-3% on a 100k+ prop firm account. While the bot is designed to operate on MT4 terminals, using a VPS can enhance stability, though it isn’t strictly required.
One of FireStorm Odin V3’s key strengths is its adaptability to various account sizes. The minimum live account size needed is $100 (with a 0.01 lot size on EURUSD), making it accessible to traders with smaller funds. For NAS100 trading, however, a minimum account size of $1,500 is advised. 
Another advantage of FireStorm Odin EA is its ability to help traders pass prop firm account challenges, enabling access to larger capital while managing risk. Depending on account size and settings, passing a prop firm challenge typically takes between 5-28 days.
It’s important to note, though, that while FireStorm Odin EA does not use Grid Trading, it does incorporate Martingale—a strategy that increases lot size after losses to recover quickly. While this can accelerate profit recovery, Martingale also carries increased risk, so traders should apply proper risk management when using FireStorm Odin EA.
Recommendations for FireStorm Odin EA
Minimum Account Balance: $100 for standard accounts or a 100k+ FTMO challenge account.
Optimized Pairs: Best performance on AUDNZD, AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY, XAUUSD (GOLD), US30, and NAS100 (US100), with presets for other pairs and FTMO challenges.
Best Timeframe: Optimized for H1, though it can be used on any timeframe.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Broker Recommendation: A low-spread ECN account is advised for best performance (find recommended brokers here).
