Aura Neuron EA

Aura Neuron is an automated trading system developed as part of the Aura series for trading currency pairs like EURUSD and GOLD. It claims to use both traditional trading strategies and artificial neural networks to decide when to make trades. The EA is designed to work automatically without requiring trader intervention or manual strategies.

Aura Neuron does not use martingale, grid trading, averaging, or any other commonly viewed “high-risk” trading strategies. Instead, each trade placed by the EA uses fixed stop-loss and take-profit points. The developers state that Aura Neuron does not depend heavily on specific broker conditions, proposing compatibility with various brokers. Additionally, the EA meets the compatibility with FTMO and similar funding challenges.

Historical data provided by its creators claims that the EA demonstrated stable performance when tested on currency pairs from 1999 through 2023. However, as with any past performance statistic, traders should carefully interpret these historical tests and remain aware that past performance does not guarantee future results.

Claims About Neural Networks

Aura Neuron states that it employs a multilayer perceptron (MLP) neural network, a form of artificial intelligence intended for identifying market patterns and predicting trends. An MLP typically consists of an input layer, a hidden processing layer, and an output layer, and it is trained through a method known as backpropagation to recognize patterns and relationships within data sets.

While neural networks particularly MLPs have gained interest due to their ability to predict market behavior potentially, the presence or effectiveness of such networks within Aura Neuron has not been independently confirmed or publicly demonstrated. It remains unclear whether this neural network framework actually exists or is fully operational within the EA, and if it does, whether it contributes meaningfully to the EA’s trading outcomes. Additionally, even if a neural network is employed, there remains debate about how well neural networks and such advanced pattern recognition tools perform consistently over live trading conditions. Many EAs that claim to use advanced neural network technologies fail to provide rigorous, independently verified results.