Aura WE A fully automated advisor designed for trading four currencies only. The expert showed stable results for currencies in the period 1999-2023. No dangerous methods of money management, martingale, grid or scalping. EA trained using a multilayer perceptron.

Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/2181

Backtesting:

Backtesting was not carried out as there are account signal from the author, detailed statistics of trade can be found below

Settings:

PARAMETERS DESCRIPTION

Recovery – Enable loss recovery mode (in this mode the Expert Advisor increases the trading lot after a losing trade by a specified coefficient (disabled by default).

Recovery coefficient – Increase coefficient after a losing trade, refers to the recovery parameter (disabled off by default)

Automatic leverage adjustment – Automatic risk adjustment to leverage (disabled by default)

Lot Step – The parameter refers to the calculation of the auto lot

Balance Step – The parameter refers to the calculation of the auto lot (The auto lot is calculated according to the formulaDeposit/Balance*Lot for balance = trading volume.

Fix Lot – Fixed trading volume (If value is 0, the automatic lot calculation works)

Max Lot – Maximum trading lot with which an Expert can trade and open trades (trading lot limiter)

MaxSpread – Spread filter. The maximum value of the spread at which the EA opens trades.

Slippage in points – Slippage filter in points.

Comments – commentary can be anything you write.

Magic* – This parameter is responsible for the identification of trades, it does not affect the trading. You can put any one value you want.

*Let’s say you have two different EAs, or one EA, which trades with different settings on two charts, with the same trading pair.They should have a different magic number in the settings, so as not to mix up the trades.

Only BUY – if the parameter is enabled, the Expert Advisor will open trades only for buying (disabled by default)

Only SELL – if the parameter is enabled, the Expert Advisor will open trades only for sell (disabled by default)

Virtual StopLoss and TakeProfit – virtual take profit and stop loss values invisible to the broker (disabled by default). Executed by the market!

TakeProfit GBPUSD, EURUSD, EURGBP, USDCAD – Take profit value is set for each pair separately.

StopLoss EURUSD, EURGBP, USDCAD – Stop loss values is set for each pair separately.

Trailing On Off – Trailing Stop function on/off

Trailing Distance – This is how many pips the price must pass from the opening price for the trailing stop loss to start working.

Trailing From – This is how many points from the opening price trailing start, the stop loss should become.

Trailing Step – This is a step of trailing stop in points.

Use Breakeven – Using the break-even function

*Breakeven and trailing do not work at the same time. So that there is no conflict. Because a Trailing Stop is the same as Breakeven, but a dynamic one.

BE activity – When how many points are reached, engage breakeven.

Use NewsFilter – Enable/Disable the news filter.

Do not open positions minutes before the news – Time before the news release during which period not to open trades.

Do not open positions minutes after the news –  Time after the news release during which period not to open trades.

For correct work of the news filter you need to add the link to the terminal settings. You do not need to add a link for Metatrader 5 terminal, only for MT4.

Please allow web requests to the following URL for the news filter https://ec.forexprostools.com

Conclusion:

The developer of this advisor has been positioned for a long time as an experienced programmer in the development of automatic trading systems and has developed a series of quite popular trading experts. He talks a lot about this EA about artificial intelligence, saying that the robot is capable of self-learning and using historical data to identify patterns in the market. It can also adapt to new conditions, such as changes in exchange rates or trader behavior. Neural networks with multiple layers can process more complex data than traditional market analysis methods. This allows them to make more accurate predictions. Neural networks can generate new market analysis models based on the principle of natural selection. This allows them to find new patterns in the market that were not previously known.

In general, there are a lot of words about artificial intelligence, which is fashionable at the present time, but is this robot really good? Today we have the opportunity to check it, and it’s also free, you don’t need to pay $1000 for it, exactly what the author sells his creation for, you just need download it from the links below and install it on your account, I recommend that you first use a demo or cent account and if you see good results, switch to a real one, but if this robot is really that good and you see potential in it, then you can support the developer and buy the original license and you will be able to enjoy timely updates and developer support.

Functionality tested, in build 1420 working.

Reminder: As with every trading system, always remember that forex trading can be risky.  Don’t trade with money that you can not afford to lose.  It is always best to test EA’s first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

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DOWNLOAD EA Aura WE v2.3