needThaiBot Automated is an AI-driven automated trading bot designed for forex markets, specifically supporting currency pairs such as EURUSD and GBPUSD. It operates primarily as a trend-following day trading system with medium trade frequency. Users control trade volume (lot size) and margin levels, while the AI manages trade execution and strategy application.
The bot employs algorithmic and technical analysis, utilizing indicators like the Relative Strength Index (RSI) and Heikin Ashi chart types on a 1-hour timeframe. It supports market (instant) order types and incorporates risk management tools including stop loss, take profit, trailing stop loss, daily stop, maximum drawdown guard, and spread filters. The risk model adapts dynamically based on volatility.
Backtesting data spans from January 2019 to March 2026 with leverage up to 1:500. The recommended minimum balance is $1,000, with risk parameters set at 4% per trade, 3% daily drawdown, and 25% maximum balance drawdown. The bot can manage up to five simultaneous positions with a maximum lot size of 1. It is compatible with brokers such as Pepperstone and suitable for proprietary trading firms.
Users are advised to run the built-in genetic algorithm optimization feature to tailor the AI’s performance. The product includes instructional video content and emphasizes ease of use by requiring minimal user input beyond volume and margin control.