
Description
Introduction
Aura Gold Pro Edition Source Code V1.3 MT5 is an automated trading Expert Advisor designed specifically for the gold market on MetaTrader 5. It focuses on XAUUSD and GOLD using four independent strategies on the H1 timeframe. The system prioritizes capital protection with a mandatory Stop Loss on every trade and avoids high-risk methods such as martingale, grid trading, or averaging.
Key Features
- Four independent strategies: Classic Breakout, London Open Momentum, Swing Capture, and Price Action Scalper
- Mandatory Stop Loss and Take Profit protection on every trade
- No grid trading, no martingale, and no averaging
- Flexible risk management with adjustable risk percentage
- Average risk-to-reward ratio around 1:1
- Prop firm oriented design
- Works with any broker (ECN recommended)
- Supports minimum leverage of 1:20
- Source code version V1.3 available for MT5
Recommended Settings
Pair: XAUUSD (or GOLD)
Timeframe: H1
Always start with conservative risk settings and thoroughly test on a demo account before considering live use. Exact risk percentage and other input parameters should be verified in the product documentation.
Advantages
- Fully automated execution on XAUUSD H1 reduces the need for constant chart monitoring
- Strict risk control with Stop Loss on every trade
- Avoids dangerous recovery methods like martingale and grid
- Multi-strategy approach provides different entry logic within one EA
- Suitable for prop firm style trading due to predefined risk
- Source code access allows potential customization (technical knowledge required)
Disadvantages
- Drawdowns and losing periods are normal; not every month will be profitable
- Performance should be evaluated over longer periods rather than short-term results
- Limited to gold pairs only (XAUUSD / GOLD)
- Equity curve will fluctuate because it does not use recovery techniques
- Requires proper capital and careful risk settings to operate safely
- Results depend on broker conditions, market regime, and correct configuration
Support & Disclaimer
Support:
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.
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