Automated Expert Advisor · MetaTrader 5Otto is a fully automated Expert Advisor that trades six independent strategies across stock indices, currency pairs and gold, so its performance does not depend on one market or one kind of condition. Every trade carries a fixed stop loss and is sized by the risk on the account, and it never uses grid, martingale or averaging.
The live record is the real one, real accounts, real money, every trade recorded on Karnek, read-only from the broker, as it happens. The connection is read-only for exactly that reason: a record we could edit would be worthless. It is young, only a few weeks in, but it is the number that actually counts, and it grows every day. An account only appears once it has enough history to be worth reading, and nothing is backfilled.
Before going live, Otto was run over 17 years of history, on realistic spreads and costs, across its six core strategies. It is a simulation, not a live result, and it is labelled that way throughout. Treat it as the map, not the territory. The live record above is the territory.
Each strategy has its own market, timeframe and stop, chosen so a weak spell in one is cushioned by the others. We tell you which are edges and which are exposure, because most EAs won't.
Buys sharp dips inside an established uptrend, and stands aside from genuine collapses.
A pair stretched too far in a choppy week tends to snap back. The diversifier of the book.
A clean break out of a quiet range often runs. Exposure to an uncorrelated market.
When gold is genuinely trending, it rides the trend instead of fading it.
Acts only on decisive, well-structured intraday momentum on the German index.
Waits for a coiled market, then acts on a break that arrives with a surge in volatility.
Most blow-ups come from three tricks that keep an equity curve smooth right up until it breaks. Otto uses none of them.
It never stacks a ladder of orders in a losing direction and hopes the market comes back.
It never increases size to recover a loss. Doubling down is how small losses take the whole account.
A losing trade is closed at its stop, not defended with more capital until it hurts.
Otto installs like any MetaTrader EA. Setup help is included if you want it.
Distributed through the MQL5 marketplace, so your licence and updates are handled safely.
Low, Medium or High, plus Safe and Prop mode. Every setting is included. Risk controls →
Link your account so you can watch your own trades, verified and in one place, exactly like the public fleet.
How Otto sizes, de-risks and halts is as much the product as the strategies are. Every guard is on by default.
Each trade risks the same fraction of the account to its stop. Wide stop, fewer lots; tight stop, more lots. A hard ceiling caps any single trade.
Past a set drawdown, Otto halves its position size on every new trade, and returns to full size only once the account recovers.
Past a deeper drawdown, new entries stop. Existing positions run to their stops or targets, nothing is slammed shut at the worst moment.
Tighter guards for funded-challenge rules, with soft stops that pause before a firm's limits. It reduces breach risk; it does not remove it.
Otto has losing months. We'd rather show you the worst one than pretend it doesn't exist, and answer the sceptical questions plainly.
Drawdown, worst month and DD95 come straight from the live record on Karnek, where nobody can round them in our favour. A system that claims it never loses is the one to walk away from. See the live results →
Every trade is on Karnek, built by the same company but read-only from the broker, so you never take our word for it. Why Otto →
We can't promise that, and anyone who does is lying. Otto has losing months; the live record shows them. Live results →
Otto's own 17-year simulation, labelled as a backtest throughout. Karnek records the live trades, not this. Backtests →
Otto is licensed per trading account. The first is $49 a month, each additional account is $35, and the annual plan is ten months' price. Every strategy, every risk setting and Prop mode are included. There is no higher tier that unlocks the real version.
Cancel anytime, with no lock-in and no notice period. There is no lifetime licence, the subscription pays for Otto's upkeep.
See Otto trade live on Karnek, then start with a single account when you're ready.
Trading carries a risk of loss. Past performance, backtested or live, does not guarantee future results.
