Introduction

Aura Neuron EA V1.965 MT4 is an automated Forex trading system designed for the MetaTrader 4 platform. It is developed to analyze market trends, momentum, and volatility in real time and execute trades automatically based on predefined algorithmic logic. The EA focuses on structured risk management and disciplined trade execution, aiming to remove emotional decision-making from trading.

Key Features

Fully automated trade execution
Trend and momentum-based entry logic
Built-in risk management controls
Adjustable lot sizing (fixed or percentage-based)
Dynamic stop-loss and take-profit system
Spread and slippage filtering
Multi-timeframe compatibility
Works with most MT4 brokers
Customizable input parameters
Compatible with VPS for 24/5 trading

Recommended Settings

Recommended settings may vary depending on account size and risk tolerance, but general guidelines include:

Timeframe: M15 or H1
Currency Pairs: Major pairs such as EURUSD, GBPUSD, USDJPY
Risk Per Trade: 1%–3% of account balance
Lot Size: Use auto lot based on risk percentage for better control
Max Spread: 20 points or lower (prefer low-spread brokers)
VPS: Strongly recommended for uninterrupted execution

Always test settings on a demo account before going live.

Backtest Result

Backtest performance typically shows:

Stable equity growth in trending markets
Controlled drawdown when risk is set conservatively
Higher performance consistency on major currency pairs
Better results with low spread conditions
Drawdowns during high-impact news or ranging markets

Backtest results depend heavily on broker data, modeling quality, and selected timeframe. Forward testing is always recommended.

Advantages

Eliminates emotional trading
Executes trades with precision and speed
Built-in capital protection features
Customizable risk settings
Suitable for both beginners and experienced traders
Can run 24/5 with VPS
Consistent strategy application
Time-saving automation

Disadvantages

Performance depends on market conditions
May experience drawdowns during sideways markets
Sensitive to broker spread and slippage
Requires monitoring despite automation
No guaranteed profits
VPS cost may be required
Over-optimization risk if settings are excessively adjusted

Installation & Setup Guide

Download the Aura Neuron EA V1.965 file (.ex4 or .mq4).
Open MetaTrader 4.
Click File → Open Data Folder.
Open the MQL4 folder, then open the Experts folder.
Paste the EA file into the Experts folder.
Restart MT4.
Enable AutoTrading from the toolbar.
Drag the EA onto your preferred currency pair chart.
Adjust input settings according to your risk preference.
Click OK and ensure the smiley face appears in the top-right corner.

Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

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.