Aurora Gold Pro EA MT4 – Free Download

Aurora Gold Pro EA Introduction

Welcome to the world of Aurora Gold Pro EA, the first smart trading robot designed specifically for trading gold (XAU) with full pairs like XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD, and XAUCNH. This cutting-edge trading tool leverages advanced market analysis techniques, including technical, fundamental, and sentimental confirmations, to maximize trading opportunities and profitability. Let's dive deep into the features, benefits, and potential drawbacks of the Aurora Gold Pro EA.

Technical Specifications

Version: 1.43
Year of issue: 2024
Working pairs: GOLD
Recommended timeframe:  NA
Minimum Deposit: $300
Average of account: 1:30 To 1:500

Best Brokers List

Aurora Gold Pro 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:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Aurora Gold Pro EA Settings

Key Features of Aurora Gold Pro EA

• Wide Range of Trading Pairs: Aurora Gold Pro EA supports multiple XAU pairs, providing flexibility and diversification in trading gold.
• News Integration: The EA checks daily news to capitalize on market opportunities with technical, fundamental, and sentimental confirmations.
• User-Friendly: Simple to attach the EA to any timeframe on each symbol chart.
• Risk Management: No grid, no martingale, and no risky money management practices.
• Minimum Account Balance: Requires a minimum account balance of $250, but for optimal performance with low drawdown (DD), $1000 is recommended.
• FIFO Compatibility: Complies with all trading rules and standards, making it suitable for novices, professionals, and investors.
• Prop Firm and Funded Account Ready: Default settings can be used on accounts managed by prop firms or funded firms.
• News Filter Activation: Easy activation of the news filter function by enabling "Allow WebRequest" and adding specific URLs to the terminal settings.

Backtesting and Performance

The Aurora Gold Pro EA is not a retrained version for a strategy tester; it evaluates a variety of market factors, including price movements and news backgrounds. This comprehensive approach ensures that the EA adapts to changing market conditions, enhancing its reliability and performance.

Here’s a review of the backtest based on the information available:

Pros:

• High Profits: The backtest shows a total net profit of 270,864.54. This is a significant return on a $10,000 deposit.
• Low Drawdown: The maximum drawdown is relatively small, at 6.37%. This suggests that the EA is able to limit its losses during losing periods.
• Profitable in Different Market Conditions: The chart suggests that the EA was profitable across different timeframes, including years, months, weeks, and even days.

Cons:

• Curve Fitting: The smooth, upward trajectory of the equity curve is a sign of curve fitting. This occurs when an EA is optimized to fit historical data, but may not perform as well on unseen data.
• Lack of Spread Costs: The backtest does not appear to account for spread costs, which can eat into profits.
• Single Pair: The backtest was only run on XAUUSD (gold). An EA that works well on one currency pair may not necessarily be profitable on others.

• The EA has a profitable track record over the period shown in the image. The total net profit is 43,149.16.
• The EA has experienced some drawdown. The maximum balance drawdown is 63.75 (0.22%) and the maximum equity drawdown is 1531.66 (3.19%). Drawdown is a measure of how much an account loses from its peak value.
• The EA appears to be most profitable during the earlier part of the backtest. The profitability seems to decrease over time.

Advantages of Aurora Gold Pro EA

1. Comprehensive Market Analysis: Incorporates technical, fundamental, and sentimental analysis to identify the best trading opportunities.
2. Diverse Trading Pairs: Allows trading across multiple XAU pairs, enhancing potential profit avenues.
3. User-Friendly Interface: Simple setup process suitable for traders of all experience levels.
4. Strong Risk Management: Avoids high-risk strategies like grid and martingale, focusing on sustainable growth.
5. Compliance and Compatibility: Meets trading rules and standards, making it compatible with prop firms and funded accounts.
6. Adaptability: Backtesting shows that the EA can adapt to various market conditions, improving its long-term viability.

Disadvantages of Aurora Gold Pro EA

1. Minimum Capital Requirement: While $250 is the minimum, $1000 is recommended for optimal performance, which might be a barrier for some traders.
2. Dependency on News Feeds: Requires manual configuration to enable news filters, which could be cumbersome for some users.
3. Complexity in Setup: Despite being user-friendly, the initial setup, especially enabling WebRequest for news filters, may be challenging for beginners.
4. Market Conditions Sensitivity: Like all trading robots, its performance is subject to market conditions, and unexpected events can impact its effectiveness.

Conclusion

The Aurora Gold Pro EA stands out as a sophisticated and intelligent trading robot for gold trading. Its comprehensive market analysis, diverse trading pairs, and strong risk management make it a valuable tool for both novice and experienced traders. However, the minimum capital requirement and initial setup complexity should be considered before investing in this EA. Overall, Aurora Gold Pro EA promises a blend of innovation and practicality, aiming to shift profits from impatient to patient traders in the competitive forex market.

Download Aurora Gold Pro 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.