Aura Absolute is an Grid based FX Robot. At its core, it utilizes a process called hyperparameter optimization. Essentially, machine learning models have settings (hyperparameters) that need to be adjusted to perform well with different data. Aura Absolute automatically adjusts these settings to try and find the best configuration for trading.
The EA is presented as adaptable to different account sizes, potentially suitable for both larger and smaller investments.
Functionality of this FX Robot
- Pattern Recognition – FX Robot incorporates a “neuro filter” aimed at identifying potential risky market situations before significant price swings. This filter is intended to avoid trades that could lead to losses.
- Volatility Management – The EA is stated to only execute trades when market volatility is low. During periods of high volatility, it reportedly avoids trading.
- News Filter – A built-in news filter allows users to block trading before important economic news releases.
- Ease of Use – The EA is designed to be straightforward to use, with all its settings contained within the code itself. Users are said to be able to adjust the level of risk directly.
- Broker Compatibility – Aura Absolute EA claimed to be relatively unaffected by the specific conditions offered by different brokers.
- Customization – The EA offers a range of customization options for users who want to fine-tune its behavior.
Recommendations
- The minimum account balance for all pairs of $2000, But recommended $1000 per pair.
- Works best on EURUSD, GBPUSD, EURGBP, EURCAD, USDCAD, EURCHF, GBPCAD, AUDCAD, NZDCAD. (Work on any Pair)
- Work best on H1 TimeFrame. (Work on any TimeFrame)
