How Even/Odd contracts work
An Even/Odd contract asks one question: will the last digit of the final tick be even (0, 2, 4, 6, 8) or odd (1, 3, 5, 7, 9)? It is one of the simplest Deriv contracts and one of the most popular for bots, because each side wins about half the time.
NEUTRADE AI
This bot trades Volatility 100 with 1-tick contracts. It keeps a list of recent last digits and turns them into a pattern of odd (1) and even (2) results. It only enters when the recent run matches one of its signals, such as 11111, 22222, 12121 or 21212, and then buys Even or Odd depending on the signal.
| Setting | What it controls |
|---|---|
| Stake | Your first stake in each cycle |
| Martingale factor | How much the stake grows after a loss |
| Martingale level | The maximum number of recovery steps before it resets |
| Target profit / Stop loss | When the session ends |
Obsidian Parity
This bot trades Even/Odd on Volatility 10 with 1-tick contracts. Before each entry it runs a short analysis that combines chart reading and tick counting to choose a side. It lets you choose your money management:
- Stake list: move through a fixed list of stakes after losses.
- Martingale: multiply the stake after a loss.
- Take profit and stop loss to end the session.
Which Even/Odd bot should you use?
- Choose NEUTRADE AI if you prefer fewer, filtered entries on a fast-moving index.
- Choose Obsidian Parity if you want more control over money management, including a fixed stake list.
- Whichever you choose, keep the martingale level low. Five losses in a row happen far more often than most traders expect.
Do digit patterns really work?
Be careful here. Deriv's synthetic indices are generated to be random, so in theory the next digit does not depend on the last five. A run of 11111 does not make "even" more likely next. Pattern filters change when the bot trades, not the odds of each trade.
That is why the stop-loss, the martingale level and your stake size decide your results far more than the entry signal does. Read the strategy guide to see how quickly a martingale can grow.
Frequently asked questions
What is the 111222 bot?
It is an Even/Odd bot that converts recent last digits into odd (1) and even (2) patterns and only trades when it sees one of its preset signals, such as 11111 or 12121.
Which index is best for Even/Odd bots?
Both bots work on any synthetic index, but they are set up for Volatility 100 and Volatility 10. Test any change on demo first.
Can Even/Odd bots lose many trades in a row?
Yes. With roughly 50% odds per trade, long losing runs happen. Keep martingale levels low and always set a stop loss.
Are the Even/Odd bots free?
Yes. Both are free in the TraderScheme Free Bots tab.