- December 24, 2024
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Introduction to Auric Swift Trader EA
Auric Swift Trader EA, also known as AI Golden Jet Fighter GTX MT4, is an innovative Expert Advisor (EA) designed for gold (XAU/USD) trading on the MetaTrader 4 platform. The EA leverages Neural Network (NN) technology to provide accurate, real-time trading decisions, making it particularly suitable for scalping strategies. It analyzes small price fluctuations and executes trades swiftly to capture profits over short timeframes.
This automated trading tool appeals to both beginners and seasoned traders due to its ease of use, adaptive strategies, and robust risk management features.
Technical Specifications
Version: 1.81
Year of issue: 2024
Working pairs: XAUUSD (GOLD)
Recommended timeframe: H1
Minimum Deposit: $100 (recommended $300)
 Average of account: 1:30 To 1:1000
Best Brokers List
Auric Swift Trader EA System works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Auric Swift Trader EA Settings
Key Features of Auric Swift Trader EA
1. Technology
The AI GTX Module, embedded within this EA, uses advanced machine learning techniques such as LSTM, CNN, Q-Learning, and Bayesian Networks. These techniques allow the EA to:
- Analyze real-time market conditions.
- Adapt to changing trends dynamically.
- Execute trades with high precision and efficiency.
Unlike general-purpose AI like ChatGPT, the AI GTX Module is purpose-built for Forex trading, making it more effective for gold scalping.
2. Strategy and Functionality
- Scalping-Focused: The EA identifies small price movements to open and close positions swiftly.
- Trailing Stops: Includes a trailing stop feature to secure profits as the market moves favorably.
- Spread and Slippage Protection: Trades are executed under favorable market conditions, avoiding excessive costs.
- Predefined Stop Loss (SL) and Take Profit (TP): Every trade is protected, minimizing potential losses.
- Multiple Strategies: Supports up to three distinct trading strategies, each with customizable parameters like risk percentage, trailing stops, and fixed lot settings.
3. Risk Management
- Adjustable risk levels as a percentage of account balance.
- Auto lot sizing to align with the trader's capital and risk appetite.
4. User-Friendliness
- Easy Setup: Default settings are optimized for most brokers, requiring minimal configuration.
- Accessibility: Suitable for traders of all skill levels, including beginners.
- Compatibility: Works with any broker, and is fully functional with ECN and raw spread accounts.
Performance Overview
- Growth:
- The EA has achieved a growth of 168.94% over 11 weeks.
- This indicates a significant return on the initial deposit, showcasing its potential profitability.
- Profit:
- Total profit stands at $506.83, generated from an initial deposit of $300.
- This reflects the EA's efficiency in capitalizing on small price movements in the XAU/USD market.
- Equity and Balance:
- Current equity and balance are both at $806.83, demonstrating consistency in profitable trades without major losses or drawdowns.
- Drawdown:
- Maximum drawdown is 31.9%, which, while not excessively high, suggests moderate risk.
- This is a critical metric for traders to assess the level of capital exposure.
- Trade Success Rate:
- The EA reports 92.9% profit trades and 7.1% loss trades.
- Such a high win rate indicates its effectiveness in identifying favorable trade setups using AI-powered algorithms.
- Deposit and Withdrawals:
- No additional deposits or withdrawals have been made, meaning the performance is based solely on the initial capital of $300.
- Algorithm Efficiency:
- Algo trading accounts for 100% of the operations, ensuring minimal human intervention.
Advantages of Auric Swift Trader EA
1. Fully Automated Trading
The EA eliminates the need for constant market monitoring by automating the trading process from analysis to execution.
2. Neural Network Precision
Its AI-powered GTX module ensures high accuracy in trade entries and exits, leveraging advanced machine learning techniques to adapt to market conditions.
3. Risk Mitigation
Comprehensive risk management features, including fixed lot sizes and SL/TP levels, make it a safer choice for traders.
4. Versatility
- Works across various broker types.
- Compliant with proprietary firm requirements.
- Does not employ risky strategies like grid or martingale.
5. Tailored for Gold Trading
Optimized specifically for the gold (XAU/USD) market, enhancing profitability in this niche.
Disadvantages of Auric Swift Trader EA
1. High Initial Investment
Although the minimum deposit is $100, a recommended balance of $300 or more might not be feasible for all traders.
2. Subscription Costs
The EA is priced at $199 per month, which may deter budget-conscious traders.
3. VPS Requirement
To achieve optimal performance, a Virtual Private Server (VPS) is recommended, which adds to the overall costs.
4. Market Dependency
As with any trading tool, the EA's performance is influenced by market conditions. During periods of extreme volatility or low liquidity, results may vary.
Comparing AI GTX Module to General AI (ChatGPT)
Purpose-Built for Forex Trading
The AI GTX Module is specifically designed for real-time gold scalping, providing more accurate and reliable trading decisions compared to general AI models like ChatGPT.
Advanced Neural Techniques
It employs modern algorithms tailored for trading, ensuring superior performance in identifying profitable trades and managing risks.
Who Should Use Auric Swift Trader EA?
- Beginner Traders: The automated features make it easy to start trading without extensive market knowledge.
- Professional Traders: Advanced customization options and precise execution cater to experienced traders seeking enhanced strategies.
- Proprietary Firm Traders: Fully compliant with prop firm rules, making it a reliable choice for funded accounts.
Conclusion
Auric Swift Trader EA (AI Golden Jet Fighter GTX MT4) stands out as a cutting-edge tool for gold trading. Its combination of Neural Network technology, robust risk management, and user-friendly features makes it an excellent choice for traders seeking a reliable and automated trading solution. However, potential users should weigh the subscription costs and VPS requirements against their trading goals and budget.
While it’s not a guaranteed path to success, the Auric Swift Trader EA provides a sophisticated platform for enhancing trading performance in the XAU/USD market.
Download Auric Swift Trader EA
Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.
