Aura White Edition V2.0 MT4 FTMO And Prop Firm Forex Robot 2024
Product Features:
The Aura Series
Enhanced And Refined
The Aura White Edition is not a completely new robot, but an enhanced version of the original White Edition. All functions have been reviewed and most have been refined to some extent. The improvements made mainly relate to the profitability, but there have also been changes to the drawdown, the trade frequency, and the profitability factor. The goal was not to maximize any of the metrics, but rather to find a balanced whole that could still be profitable even in extremely volatile markets. This way the robot should remain profitable, even in difficult times, and does not have to be turned off immediately and sit out a volatile phase.
Trading System
The Aura White Edition is a trend following robot that trades on the H1 timeframe. A trend filter is not used, so it is also suitable for ranging markets. The robot opens multiple positions at the same time, but only in one direction. There is no maximum number of positions and positions are never averaged. In this way, drawdowns can be limited, but also a fast increase in profits is possible.
Market Analysis
Multiple Time Frames
The Aura White Edition uses multiple time frames to identify trends and potential turning points. This gives the robot a comprehensive understanding of market dynamics, allowing it to make more informed trading decisions.
Multiple indicators
The robot uses a combination of technical indicators to confirm trends and identify trading opportunities. These indicators include moving averages, oscillators, and trendlines, providing a diverse and reliable basis for decision-making.
Adapts to Market Conditions
The Aura White Edition is designed to adapt to changing market conditions. It can adjust its trading strategy and parameters based on volatility, trend strength, and other factors, ensuring optimal performance in various market environments.
Trade Management
Risk Management
The robot employs a strict risk management strategy to minimize potential losses. It uses stop-loss and take-profit orders, along with position sizing based on account balance and equity, to control risk and maintain a healthy risk-to-reward ratio.
Trade Analysis
The robot constantly monitors the performance of its trades and adjusts its strategy accordingly. It analyzes trade statistics, win rates, and profit factors to identify areas for improvement and optimize its trading process.
Myfxbook
Features
Capable of trading multiple currency pairs simultaneously
Compatible with MT4 trading platform
Fully automated trading system
User-friendly interface with customizable settings
Detailed trade statistics and performance monitoring
Regular updates and ongoing support
Benefits
Increased profitability through optimized trading strategy
Reduced drawdowns and controlled risk management
Flexibility and adaptability to diverse market conditions
Enhanced trade analysis for improved decision-making
Time-saving and convenience of automated trading