What is Octopus MT5?
Octopus MT5 is a multicurrency Forex trading robot designed for comfortable and automated trading with minimal user intervention. The Expert Advisor is built with a small number of adjustable parameters, making it suitable for both beginner and experienced traders, following a “set once and trade” concept without the need for constant optimization.
Vendor website
About the Developer
- Author: Volodymyr Hrybachov.
- Experience: Over +11 years of experience on MQL5.
- Notable Products: Octopus MT5, Hamster MT5, Kraken MT4, Universal MT5 and other advisors.
- Flagship Product: Octopus MT5 is rated as the best performing product of the year.
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Octopus MT5 Overview
Main Features of Octopus MT5
- Multicurrency Trading Robot: Trades multiple Forex symbols while being installed on a single chart such as EURUSD.
- Minimal Configuration Logic: Uses a limited number of input parameters for easy setup and operation.
- Beginner-Friendly Design: Suitable for traders with little experience as well as advanced users.
- M15 Timeframe Optimization: Designed to work specifically on the M15 timeframe.
- Low Market Volatility Trading: Recommended to operate during low-volatility market sessions.
- No Continuous Optimization: Does not require frequent parameter changes or re-optimization.
- Stable Long-Term Operation: Built for consistent performance under standard Forex market conditions.
Additional Features
- Automatic Lot Calculation: Calculates lot size based on account balance and predefined risk settings.
- Order Grid Control: Manages order steps, order multipliers, and maximum order limits per symbol.
- Balance-Based Risk Limits: Uses stop loss and take profit levels defined as a percentage of account balance.
- Spread Protection Filter: Prevents order opening when spread exceeds the defined maximum value.
- Trading Schedule Control: Allows trading only during specified hours and selected days of the week.
- Anti-Requote Protection: Includes built-in anti-requote logic with adjustable retry and pause settings.
- Trailing Stop Management: Supports trailing stop and trailing step for profit protection.
Why Choose Octopus MT5?
- Set and Forget Concept: Install, configure once, and allow the robot to trade automatically.
- No Broker Dependency: Works independently of broker execution models or account types.
- Comfortable Multicurrency Trading: Eliminates the need to manually manage multiple charts.
- Clear Installation Process: Simple setup using EURUSD and M15 timeframe.
- Designed for Real Accounts: Requires defined deposit, leverage, and VPS conditions for stability.
- Time-Controlled Trading: Operates only during selected low-volatility trading hours.
- Bonus Version Available: Includes access to a second version of the robot after purchase.
Octopus MT5 Performance Review
🟢Backtest Results
🔺EURUSD pair – 20 months
- Initial Deposit: $1,000
- Total Net Profit: $989,910.13
- Win Rate (% of total): 67.57%
- Maximum Drawdown: 8.90%

Octopus MT5 Backtests
🟢Signal Results
🔺EURUSD pair – 2 consecutive weeks
- Initial Deposit: $911.88
- Growth Rate: +48%
- Win Rate (% of total): 62.5%
- Maximum Drawdown: 61.6%

Octopus EA MT5 Signal Results
Real User Reviews and Feedback
🔺Octopus MT5 is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:
- Kirill Zeltser (2022.10.28): “The author is a genius! Vladimir is an excellent developer and seller, he will always answer you in a Telegram and help you figure it out. I recommend this bot. Tested and working.”
What’s Included in the Download Package?
- Setting (If Any).docx
- Installation Guide.docx
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Conclusion
In summary, Octopus MT5 is a well-designed multi-currency Forex trading expert focused on simplicity, stability, and long-term automation. Built on the concept of “set and forget,” this EA allows traders to manage multiple currency pairs from a single chart with minimal configuration and no need for constant optimization. Its beginner-friendly structure, automatic lot calculation, balance-based risk limiting, and spread protection make it accessible while still providing the necessary depth for more experienced traders. For traders seeking a comfortable, automated, and broker-independent MT5 trading robot with proven results and strong developer support, Octopus MT5 stands out as a reliable solution for automated Forex trading.
>>> Reviewed by Jason Stap <<<
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