FireStorm Odin EA is a fully automated Free forex EA. Developed by a team of experienced traders, Firestorm Odin V3 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 V3 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. Egter, 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.