Electrode

Type Tier
Electric UU
Statistics
Stat
HP
60
323
Atk
50
198
Def
70
238
SpA
80
258
SpD
80
258
Spe
140
378
Name Item

Basic Electrode

Leftovers
Moveset
~ Thunder Wave
~ Thunderbolt
~ Explosion
~ Hidden Power Grass / Hidden Power Water / Hidden Power Ice

Basically, hit what you can and blow up when you're almost dead. Most people would say Explosion sucks with 198 attack. True, but if you play correctly you can try to setup the Explosion on something with a weak Defense like Blissey, Jumpluff or Raikou (maybe weakened Snorlax). It isn't like Electrode has much else to do.

Name Item

Support Electrode

Leftovers
Moveset
~ Thunderbolt
~ Light Screen / Reflect
~ Rest / Explosion
~ Thunder Wave / Toxic

Supporter-type Electrode. Usually switch it in against Electrics and set-up. Rest to come in late game. Explosion is just Explosion.

Other Options

Mirror Coat isn't that great, even if you play your game right. Screech helps Explosion if they don't switch and can also force switches. Substitute just blocks crap.

Opinion

Far better options out there but none that can Explode. Electrode isn't meant for serious teams. One of the fastest Pokémon. Sadly, it can't be put it to good use.

Counters

Electrode is rather weak, so anything that can take a solid Thunderbolt counters it. Depending on whether Electrode has Hidden Power, Steelix, Quagsire, or some other Rock, Steel, or defensive Ground-type can counter it; they have the added benefit of not fearing Explosion much.