Aura Ultimate — How to Setup
- Working trading pairs: XAUUSD (GOLD)
- Timeframe: H1
- Recommended deposit: $500 and above
- Minimal deposit: $100 (High risk trading)
- Min leverage 1:20
- Good ECN broker is required (Recommended broker)
- Best Broker for European Clients with trading leverage 1:500
Important Notes Before Purchase:
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A Stop Loss is an integral part of the strategy — it indicates normal risk management, not a system error.
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Performance should be evaluated over an entire trading month or more, rather than over a few individual days.
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Periods with no open trades are also normal.
The system may intentionally pause if its model detects irregularities or unstable market structures. -
If you already have the Aura Neuron or Aura Black advisors, keep in mind that some trades may overlap with the Aura Ultimate advisor. Since the advisors use partially similar logic of the previous day high or low breakout.
HOW TO SET UP
The Expert is easy to use, with all default settings. You only need to select the Risk and Strategy.
STEP1 – CHOOSE A STRATEGY
The expert has two strategies. By default, both strategies work. To disable one of the strategies, you need to change the value from True to False.
STEP2 – CHOOSE A RISK
Risk settings are set for each strategy separately. The risk is controlled by the Balance parameter.
Balance – The parameter refers to the calculation of the auto lot (The auto lot is calculated according to the formula Deposit/Balance*Lot for balance = trading volume.
For example, your deposit is $1,000. You set the Balance risk parameter to 300. This means the risk will be calculated as follows: 1,000 / 300 x 0.01. The trading lot will be 0.03
Approximate Balance risk values
100 – Very High Aggressive risk (potential loss of deposit possible), suitable for aggressive trading and fast deposit boost.
200 – High risk ( This is still a very high risk and large drawdowns on the deposit are possible)
300 – Moderate risk (This level of risk is set by default)
500 – Normal Risk
1000 – Low Risk
2000 – Conservative Risk
5000 – FTMO and Prop trading
Note: To trade at low risks, your deposit must be at least $1,000
If you don’t want to figure out the strategies and risks yourself, you can download the settings .Zip file at the bottom of this article.
A few helpful tips:
If you use high-risk settings, it’s better to run each strategy on a separate trading account. This keeps your account safer and gives better diversification, since high-risk trading can lead to large drawdown’s or even a total loss of deposit.
If you use medium or low risk, you can run both strategies together on one account.
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🔵 Best Broker for Europeans ( Leverage 1:500)
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How? Simply send me a direct message, after Purchase. Please ask in private messages for more details.
https://www.mql5.com/en/users/stanislav110685
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📌 Note: The bonus Expert is sent as a .ex file with a license to 2 account numbers
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