needThaiBot Money Machine MKII is an AI-driven trading bot designed for day trading with a focus on trend strategies. It integrates multiple technical indicators—including Fibonacci retracement, Elliott Wave, EMA, and Keltner Channels—to identify strong buy and sell signals, aiming for high accuracy and efficiency. The bot supports trading across diverse markets such as gold, forex, shares, ETFs, indices, commodities, currency indices, cryptocurrencies, and CFD forwards.
Key features include advanced risk management tools like maximum loss control, fixed risk percentage per trade, dynamic position sizing, and daily drawdown limits. It allows users to control volume lots and margins while the AI handles trade execution, focusing on maximizing consecutive winning trades. The bot uses market orders and supports stop loss, take profit, trailing stop loss, and spread filters to manage risk.
Users are encouraged to run the built-in genetic algorithm optimization to tailor the bot’s performance to their preferred timeframes and strategies. Backtesting data spans from January 2019 to February 2026 with leverage up to 1:500. The bot is compatible with Pepperstone broker and employs Heikin Ashi charts on a 1-minute timeframe for analysis. A usage guide is available via a linked video tutorial.