Otokomae

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