AURA NEURON MT4 – Full Input Settings Analysis

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GENERAL SETTINGS

• Visual Panel: true
  → Displays the visual control panel on the chart.
• Recovery Mode: false
  → Recovery mode off (Martingale strategy not used).
• Recovery Coefficient: 2.0
  → If Recovery is enabled, the lot size multiplier will be 2.0.
• Count of Recovery Deals: 10
  → Limit of recovery trades if Recovery mode is enabled.
• Trading Frequency: Intense
  → Extensive trading frequency; the EA can open more than one deal a day.
• Risk %: 30.0
  → 30% risk per trade (only applicable when Fix Lot is off).
• Prop Mode: false
  → Proprietary account mode is off (for demo accounts).
• Hedging: true
  → Buy and Sell orders are opened simultaneously (hedging is on).
• Use Fix Lot: false
  → Fixed lot size is not used; lot size based on Risk %.
• Fix Lot: 0.01
  → If Fix Lot is on, every trade will be opened in 0.01 lot.
• Comments: Aura Neuron MT4
  → Trading comment on chart and trading history.
• Magic Number: 2024
  → Number that will be used to mark trades entered by the EA.

EURUSD SETTINGS

• Take Profit: 1000.0
  → Take Profit is triggered at 1000 points (i.e., 100 pips).
• Stop Loss: 1850.0
  → Stop Loss is triggered at 1850 points (i.e., 185 pips).
• Count of Deals: 1
  → Maximum 1 open EURUSD trade at any time.
• Trailing Stop (On/Off): true
  → Trailing stop is enabled for EURUSD.
• Trailing Start (points): 105.0
  → Trailing is triggered when the trade is in profit by 105 points (10.5 pips).
• Trailing From (points): 185.0
  → Trailing is triggered when price earns a minimum of 185 points (18.5 pips) profit.
• Trailing Step (points): 3.0
  → Stop Loss will be trailed whenever the price rises by 3 points (0.3 pips).

GOLD SETTINGS

• Take Profit: 750.0
  → Take Profit is triggered at 750 points (or 75 pips).
• Stop Loss: 3900.0
  → Stop Loss is triggered at 3900 points (or 390 pips).
• Count of Deals: 2
  → A maximum of 2 Gold (XAUUSD) deals can be done at the same time.
• Trailing Stop (On/Off): true
  → Trailing stop is enabled for Gold deals.
• Trailing Start (points): 105
  → Trailing begins when the trade is 105 points (10.5 pips) profitable.
• Trailing From (points): 185
  → Trailing will be triggered if the price makes at least 185 points (18.5 pips) of profit.
• Trailing Step (points): 3
  → Stop Loss will be shifted whenever the price increases by 3 points (0.3 pips).

FILTER NEWS

• News Filter (ON/OFF): false
  → News filter is off; the EA will trade at any time without paying attention to news releases.
• Stop Trading Before News Release (minutes): 60
  → The EA will refrain from trading 60 minutes prior to a news release if the news filter is on.
• Stop Trading After News Release (minutes): 60
  → Trading will still be suspended for 60 minutes following a news release.
• News Currencies: USD, EUR, GBP, CHF, CAD, AUD, NZD, JPY
  → News event currencies to watch when the filter is enabled.
• News Filtering Currencies: USD, EUR
  → High-impact news filtering on USD and EUR.
• High Impact News: true
  → The EA will not trade on high-impact news when the filter is enabled.
• Medium Impact News: false
  → The EA will not skip trading on medium-impact news.

Key Takeaways

• Safety-Oriented Approach: Steers away from risky strategies like Martingale, grid, and averaging. Each trade has a solid stop loss and take profit and is under strict control.
• Consistency: Demonstrates consistent trade performance on given pairs, backed by 99.9% quality backtesting from 1999-2023, evidence of long-term performance in diversified market conditions.
• Hard Risk Protection: All the trades contain a hard stop loss (SL) and take profit (TP) in order to cap exposure and maximize capital preservation.

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