01
Index Dip-Buy
Buys sharp dips inside an established uptrend, and stands aside from genuine collapses.
MetaTrader 5 EA
Verified on Karnek
No grid, no martingale
Hard stop on every trade
Diversified automated trading for MetaTrader 5.
Otto is a fully automated Expert Advisor that trades six separate strategies across stock indices, currency pairs and gold on MetaTrader 5. Every trade carries a fixed stop loss and is sized by the risk on the account, and it never uses grid, martingale or averaging.
Backtested over 17 years. Forward tested live on demo accounts, and now recorded in public on Karnek.
0core strategies
0year backtest
0grid, martingale
0% recorded on Karnek
Low to Extreme, Normal and Safe
6 core strategies
Prop is separate, not on chart
Hard stop set on open
17 year backtest, labelled separately from live
The live record
Live, in public. Live
Real accounts, real fills, recorded on Karnek read-only from the broker. A young track, a few weeks in, but it is the number that actually counts. Nothing backfilled, nothing blended with the backtest. This block is live, never a simulation.
The backtest
Seventeen years, simulated. Backtested
Before going live, Otto's six core strategies were simulated over 17 years of history, with spread, commission and slippage charged on every trade (overnight swap is not included). All six trade together from October 2013, once each has price data. 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.
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Every setting, one chart
All four risk tiers, side by side.
The same 17-year backtest at every risk tier, in Normal and Safe mode. Higher tiers compound faster and fall harder. Backtested, not a live record. Prop is a separate funded-account mode, not a fifth line here.
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The strategies
Two proven edges, four directional strategies.
Each strategy has its own market, timeframe and stop. We tell you which are edges and which are exposure, because most EAs will not.
02
FX Weekly Mean-Reversion
A pair stretched too far in a choppy week tends to snap back. Built to behave differently from the momentum strategies.
03
Gold Range Breakout
A clean break out of a quiet range often runs. Exposure to an uncorrelated market.
04
Gold Trend Breakout
When gold is genuinely trending, it rides the trend instead of fading it.
05
DE40 Momentum
Acts only on decisive, well-structured intraday momentum on the German index.
06
US Tech 100 Shock Breakout
Waits for a coiled market, then acts on a break that arrives with a surge in volatility.
The line we will not cross
What Otto will never do.
Most blow-ups come from three tricks that keep an equity curve smooth right up until it breaks. Otto uses none of them.
No grid
It never stacks a ladder of orders in a losing direction and hopes the market comes back.
No martingale
It never increases size to recover a loss. Doubling down is how small losses take the whole account.
No averaging down
A losing trade is closed at its stop, not defended with more capital until it hurts.
Up and running
Three steps, and it is watching your account.
Otto installs like any MetaTrader EA. Setup help is included if you want it.
1
Get Otto from MQL5
Distributed through the MQL5 marketplace, so your licence and updates are handled safely.
2
Choose your risk setting
Low, Medium or High, plus Safe and Prop mode. Every setting is included. Risk controls →
3
Connect to Karnek
Link your account so you can watch your own trades, verified and in one place, exactly like the public fleet.
Risk system
The part most EAs skip.
How Otto sizes, de-risks and halts is as much the product as the strategies are. Every guard is on by default.
Sizing
Risk-parity on every trade
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.
Drawdown
An automatic de-risk ladder
Past a set drawdown, Otto halves its position size on every new trade, and returns to full size only once the account recovers.
Floor
A hard halt
Past a deeper drawdown, new entries stop. Existing positions run to their stops or targets, nothing is slammed shut at the worst moment.
Funded accounts
Prop mode
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.
Candour
Trust is built where it is uncomfortable.
Otto has losing months. We would rather show you the worst one than pretend it does not exist, and answer the sceptical questions plainly.
Live, verified on Karnek
The worst month is published, not written here.
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 →Is this a scam?
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 →
Will I make money?
We cannot promise that, and anyone who does is lying. Otto has losing months, and the live record shows them. Live results →
What exactly is the backtest?
Otto's own 17-year simulation, labelled as a backtest throughout. Karnek records the live trades, not this. Backtests →
Pricing
One plan. Everything switched on.
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.
$49/mo
1
First account, extras $35/mo
- All six strategies. Nothing is held back for a higher tier.
- Every risk setting. Low, Medium, High and Safe mode.
- Prop firm mode, with tighter limits for funded-account rules.
- Updates for the life of your subscription.
- Support to get you connected and keep you running.
Cancel anytime, with no lock-in and no notice period. There is no lifetime licence, the subscription pays for Otto's upkeep.
Watch first, decide later
You do not have to trust us. Watch it.
See Otto trade live on Karnek, then start with a single account when you are ready.
Trading carries a risk of loss. Past performance, backtested or live, does not guarantee future results.