Firestorm Odin EA V2/V3 MT4 + SetFiles

Firestorm Odin EA Introduction

The Firestorm Odin EA serves as an automated trading solution specifically engineered to help traders successfully navigate proprietary firm challenges while generating consistent forex profits. This MT4-based expert advisor operates primarily on XAUUSD, EURUSD, and GBPUSD pairs using M15 and H1 timeframes, implementing adaptive algorithmic strategies that respond to changing market conditions. Real-world performance includes successful FTMO challenge completion with 5.08% profit achievement, though traders should note the potential for significant drawdowns requiring careful risk management.

Key Highlights

• Primary Functions: Automated MT4 trading robot with NoDLL/Fix architecture, featuring customizable lot sizing, risk management controls, and pre-configured settings file for immediate deployment

• Strategic Approach: Employs proprietary algorithmic trading strategies with integrated technical indicators designed to adapt to various market conditions, though specific methodology details remain undisclosed by the developer

• Capital Protection Features: Incorporates stop-loss mechanisms, take-profit controls, and adjustable risk parameters specifically calibrated for prop firm challenge requirements and capital preservation

• Performance Validation: Documented FTMO challenge success with 5.08% profit target achievement and strict adherence to daily loss limits; however, backtesting reveals 55.17% maximum drawdown potential requiring careful consideration

• Risk Transparency: Significant contrast between controlled live results and extreme backtest drawdowns necessitates proper parameter configuration and continuous risk monitoring

Firestorm Odin EA Recommended

• Platform: MetaTrader 4 (MT4) exclusive compatibility

• Trading Pairs: XAUUSD (Gold), EURUSD, GBPUSD, US30 (Dow Jones)

• Optimal Timeframes: M15 (15-minute), H1 (1-hour)

• Capital Requirements: $500 minimum deposit recommended for effective risk management

• Account Compatibility: Standard forex accounts and proprietary firm challenge accounts

• Infrastructure: VPS hosting strongly recommended for 24/5 continuous operation

• Leverage Considerations: Conservative leverage settings advised due to drawdown potential; verify broker compatibility and understand margin requirements

Installation and Usage Tips

• Configuration Setup: Load the provided ODIN V3 INDEX SET.set file for optimal parameter configuration matching proven FTMO performance

• Risk Parameter Adjustment: Set conservative risk levels considering the 55.17% maximum drawdown shown in historical backtests

• Position Sizing: Configure lot sizes proportional to account balance and individual risk tolerance using the EA’s built-in customization options

• Indicator Calibration: Adjust technical indicator parameters within the EA based on current market conditions and personal trading preferences

• Stop Loss Implementation: Verify stop-loss settings are properly configured and active to limit potential downside exposure

• Performance Monitoring: Maintain regular oversight despite automated operation, given the potential for significant account drawdowns

Firestorm Odin EA Review

The Firestorm Odin EA presents a compelling automated trading solution with verified prop firm success, but traders must carefully balance the promising results against substantial drawdown risks. This EA targets skilled traders who understand both the opportunities and risks inherent in automated trading systems.

FTMO Challenge Documentation:
• Profit achievement: $10,173.44 (5.08% return)

• Risk compliance: -2.40% maximum daily loss (within limits)
• Trading consistency: 7 days minimum requirement exceeded

Live Performance Metrics:
• US30 monthly gain: +14.95%
• Active drawdown: 6.53% (manageable range)

• Position management: 16.87 hours average (long), 5.56 hours (short)

Backtest Analysis:
• Net profit generation: $7,626.08 from $2,000 initial capital
• Strategy efficiency: 5.40 profit factor with 72.59% success rate
• Risk exposure: 55.17% maximum drawdown ($4,244.16) – Major concern

Why Choose Firestorm Odin EA

• Verified Prop Firm Results: Documented FTMO challenge passes provide real-world validation of the EA’s capability to meet strict proprietary firm requirements

• Continuous Market Coverage: 24/5 automated operation eliminates emotional trading interference and captures opportunities across all market sessions

• Multi-Asset Capability: Trades precious metals (XAUUSD), major currency pairs, and stock indices (US30), providing portfolio diversification within one system

• Comprehensive Risk Controls: Built-in risk management features with customizable parameters, though users must actively manage the significant drawdown potential

• Professional Efficiency: Automates complex trading decisions and execution, ideal for traders seeking systematic approaches without constant manual intervention

Conclusion

The Firestorm Odin EA demonstrates strong potential for prop firm success with documented results, but demands experienced users who can manage the substantial drawdown risks. Most suitable for skilled traders seeking automated prop firm challenge solutions with comprehensive risk awareness.

Ready to Use Firestorm Odin EA?

• Telegram Channel: https://t.me/+TT_oy2yBiQZjZjE1 
• Direct Email: [email protected]
• Main Website: cheapforexea.com

Firestorm Odin EA MT4 Download Packages:

• Link download experts:
  • Firestorm Odin EA V2/V3
• Presets + Video guide Guide (v3)