needThaiBot Version 47 is an AI-driven trading bot designed for moderate risk traders. It automates trading by focusing exclusively on strong buy and strong sell signals to enhance accuracy and efficiency. Users control volume lots and margin settings while the bot manages trade execution to maximize consecutive winning trades.
The bot supports trading across multiple markets including Gold, Forex, Stocks, ETFs, Indices, Commodities, Currency Indices, Cryptocurrencies, and CFD Forwards. It employs a trend-following strategy suitable for day trading with medium trade frequency. Risk management features include volatility-based, dynamic, and fixed risk percentage models, with tools such as stop loss, take profit, trailing stop loss, max drawdown guard, spread filter, and daily stop limits.
Backtesting covers data from 2019 to 2026 with leverage up to 500. The bot is compatible with brokers like Pepperstone and supports market order types. Users are advised to run the genetic algorithm optimization feature to tailor the AI to their preferred timeframe and strategy. Recommended minimum balance is $1,000 with a risk per trade of 4%. The bot is also suitable for proprietary trading firms.
A video tutorial is available for setup guidance. Other versions of the bot cater to different risk profiles and trading preferences.