Introduction
The Even/Odd strategy on Deriv is a popular digit trading method used on synthetic indices. It focuses on analyzing the last digit statistics on the Deriv trading interface and entering trades when certain probability conditions appear in the digit distribution.
This strategy is based on identifying when even digits or odd digits dominate the market, and then entering trades when the market temporarily shifts in the opposite direction. Traders then use an automated trading bot to execute trades using controlled parameters such as stake size, martingale multiplier, and take profit.
In this guide, you will learn:
- How the Even strategy works
- How the Odd strategy works
- When to enter a trade
- How to configure the Even/Odd bot on Money8gg Trading Platform
- Risk management and exit rules
This strategy is designed to be simple enough for beginners while still providing a structured method for trading digit contracts on Deriv.
Understanding Even/Odd Trading on Deriv
In Deriv digit trading, every tick ends with a number between 0 and 9. These digits can be classified as:
Even digits
0, 2, 4, 6, 8
Odd digits
1, 3, 5, 7, 9
Traders analyze the last digit statistics chart, which shows the probability of each digit appearing. The strategy works by observing when certain digits appear more frequently and entering trades when conditions suggest a potential shift.
Even Strategy
The Even strategy focuses on entering a trade when the market conditions suggest that an even digit is more likely to appear next.
Conditions for the Even Strategy
Before taking a trade, the following conditions must be met:
- The most appearing digit (green bar) must be above 11%.
- At least three even digits must be above 10% on the digit statistics.
- The cursor must touch an even digit above 10% then touch the green bar (highest percentage digit).
These conditions help confirm that the market currently favors even digits.
Entry Confirmation
After the above conditions are met, traders must wait for a specific pattern before starting the bot.
The entry pattern is:
Three odd digits followed by one even digit
Example pattern:
Odd
Odd
Odd
Even
Once this sequence appears, you can start the Even/Odd bot.
Odd Strategy
The Odd strategy is the exact opposite of the Even strategy.
Instead of looking for dominance in even digits, traders look for odd digits dominating the statistics.
Conditions for the Odd Strategy
- The most appearing digit (green bar) must be above 11%.
- At least three odd digits must be above 10%.
- The cursor must touch an odd digit above 10% and then touch the green bar.
Entry Confirmation for Odd Strategy
Once the conditions are satisfied, traders wait for the opposite pattern.
Entry pattern:
Three even digits followed by one odd digit
Example pattern:
Even
Even
Even
Odd
At this point, you can run the bot.
Bot Used for This Strategy
This strategy uses the Even/Odd bot available in the Best Bots section on ai.money8gg.com.
The bot automates the trade execution based on the configured parameters and allows traders to control risk through stake management and martingale settings.
Selecting the Bot
Users should navigate to the platform and select the Even/Odd bot from the Best Bots tab.
Bot Selection
Steps:
- Open ai.money8gg.com
- Navigate to the Best Bots tab
- Select the Even/Odd bot
- Load the bot into the trading interface
Setting Up the Bot
Once the bot is selected, traders must configure the parameters.
Bot Configuration
Below are the recommended parameters and their explanations.
Stake
The stake is the amount used for the first trade.
Risk 4% -10% of your account.
Initial Stake
The initial stake defines the starting amount used before any martingale adjustments.
This value is typically the same as the stake.
Martingale Level
The martingale level defines the number of consecutive losses the bot will allow before stopping.
If the martingale level is set to 3, the bot stops after 3 losing trades in a row.
This helps control risk and prevent large losses.
Martingale Multiplier
The martingale multiplier increases the stake after a losing trade.
Example:
1.8
2.0
2.2
Example sequence with multiplier 2:
Trade 1: 0.35
Trade 2: 0.70
Trade 3: 1.40
The goal is to recover previous losses once a winning trade occurs.
Take Profit
Take profit defines the maximum profit target for the session.
Example:
Take Profit: 5 USD
Once this profit is reached, the bot automatically stops trading. Set this to 2 times your stake.
Market Type
Market type determines which Deriv market the bot trades.
Common markets used with this strategy include:
Volatility 10 Index
Volatility 25 Index
Volatility 50 Index
Volatility 75 Index
Volatility 100 Index
Volatility 10(1s) Index
Volatility 25(1s) Index
Volatility 50(1s) Index
Volatility 75(1s) Index
Volatility 100(1s) Index
Contract Type
The contract type used for this strategy is:
Digits
Trade Type
Trade type must be set depending on the strategy:
Even Strategy → Even
Odd Strategy → Odd
If a loss occurs:
- Allow the bot to continue using martingale.
- Wait for recovery.
- Once recovery occurs, resume normal trading.
Conclusion
The Even/Odd Deriv strategy is a structured method of trading digit contracts using probability signals from the last digit statistics chart. By identifying when even or odd digits dominate the market, traders can enter positions with clearer confirmation.
The strategy becomes easier to execute when combined with the Even/Odd bot available on ai.money8gg.com, which automates trade execution and manages risk through configurable parameters.
By following the entry rules, confirming the correct digit patterns, and maintaining strict risk management, you can apply this strategy in a disciplined and systematic way.
Risk Disclaimer
Trading on Deriv and other financial platforms involves significant risk and may not be suitable for all traders. Strategies discussed on this website are shared for educational and informational purposes only and should not be considered financial or investment advice. Past performance or strategy examples do not guarantee future results. Trading synthetic indices, binary options, or digit contracts can result in the loss of your entire trading capital. Always trade responsibly, use proper risk management, and only trade with money you can afford to lose. ai.money8gg.com and its contributors are not responsible for any trading losses that may occur from the use of the strategies, bots, or information provided on this site.
Related Articles
- Over/Under Digit Strategy Guide
- Under 7 Strategy Guide
- Over 3 Strategy Guide
- What Are Synthetic Indices?
About the Author
Bretton Gitonga is a trading educator and the founder of Money8gg. With years of hands-on experience trading binary options and forex on platforms including Deriv, Bretton built Money8gg to give everyday traders access to honest, practical financial education. His focus is on disciplined strategy, realistic risk management, and helping beginners avoid the costly mistakes he learned from firsthand.
Have a question? Contact Bretton here.
