Free Download Forex EA, Forex Robot, Indicators, deriv bots and more

Aura White MT4 Expert Advisor

Aura White MT4 Expert Advisor

The Aura White EA is a MT4 Expert Advisor developed as part of the broader Aura series, commonly marketed towards forex traders seeking automated solutions. Positioned as a counterpart to the Aura Black EA, which primarily focuses on gold trading, Aura White EA has been optimized for currency pair trading. Specifically, it is designed to trade EURUSD, GBPUSD, EURGBP, and USDCAD.

MT4 Expert Advisor is built upon the core trading framework from Aura Black, with modifications tailored to fiat currency markets as opposed to commodities like gold. It operates as a fully automated trading tool, requiring no manual intervention once initialized.

The developers outline a number of trading parameters that are notably conservative in nature:

  • No use of martingale
  • No grid strategies
  • No averaging down techniques

These elements aim to prevent the kind of exponential risk sometimes associated with high frequency or recovery based systems.

Each trade is executed with a defined hard stop loss and take profit, which contributes to risk control. Moreover, the EA is described as being agnostic to broker conditions, meaning it was not designed around specific spreads, order execution speeds, or liquidity environments. This “compatibility” design is commonly targeted at traders interested in using EAs on proprietary firm accounts or varying broker platforms.

Claims of Neural Network Aura White EA

One of the more prominent marketing points associated with Aura White EA is its alleged use of neural networks, specifically a Multilayer Perceptron (MLP), which is a type of feedforward artificial neural network. According to promotional materials, the EA has been “trained” using this architecture, suggesting an underlying application of machine learning or pattern recognition techniques in either its signal generation or risk management.

However, there is some skepticism around the extent to which these claims reflect true machine learning implementation. While MLPs are capable of modeling non linear patterns and can enhance strategy creation when properly employed, there is little publicly available information or validations (such as detailed model construction, input data, or learning iterations) to confirm whether this MT4 Expert Advisor uses such techniques in a meaningful way. The reference to neural networks may therefore serve more as a marketing element than a reflection of actual algorithmic complexity.

Recommendations

  • Minimum account balance of 100$.
  • Works best on EURUSD, GBPUSD, USDJPY, EURGBP, USDCAD, USDCHF. (Work on any currency pair)
  • Work best on H1 Time Frames. (Work on any timeFrame)