Otokomae
- Experts
- Version: 1.10
- Updated: 10 March 2026
- Activations: 10
Otokomae is a fully automated Expert Advisor designed for hands-free trading. It uses a proprietary intraday algorithm combined with an intelligent step-based trailing system to manage open positions and lock in profits efficiently.
The EA requires no complex setup — just attach it to the chart and let it work. All core strategy parameters are pre-configured and optimized.
The first 3 copies are available at the introductory price of $49. After that, the price will increase to $99.
Join the discussion and get support in the official channel:
https://www.mql5.com/en/channels/016dddf598afdc01
HOW IT WORKS:
The EA monitors the market for specific intraday price conditions. When the conditions are met, it automatically places pending orders with predefined stop-loss levels. Once a trade is active, the built-in step trailing system progressively moves the stop-loss to protect and capture profits as the trade develops.
KEY FEATURES:
- Fully automated — no manual intervention required
- Smart step trailing — locks profits in stages, gives trades room to breathe
- Built-in risk management — fixed lot or percentage-based position sizing
- Day filter — enable or disable trading on specific weekdays
- Max daily loss protection — automatically stops trading if daily loss limit is reached
- Max spread filter — avoids entries during high-spread conditions
- OCO (One Cancels Other) — automatically removes opposite pending orders
- Clean chart panel — displays real-time market info and trade status
- Works on any broker — automatically adapts to broker stop-level requirements
RECOMMENDED SETTINGS:
- Symbol: XAUUSD (Gold)
- Timeframe: Any (the EA handles timeframes internally)
- Account type: Hedge or Netting
- Minimum deposit: $100 (for 0.01 lot)
- Leverage: 1:100 or higher recommended
INPUTS:
- Magic Number — unique identifier for the EA trades
- Lot sizing — Fixed lot or Risk % of balance
- Day filter — choose which days to trade
- Risk controls — max spread, max daily loss, OCO mode
- Display settings — info panel and level drawing on/off
