Aura Rocket is a new expert advisor built on advanced machine learning algorithms that help traders execute trades in the highly volatile foreign exchange market. With a unique combination of deep machine learning and hyperparameter search technology, the Aura Rocket EA has the features to change the way traders approach the forex market.
In this article, we will be conducting a comprehensive review of the Aura Rocket EA, exploring its features, performance, settings and potential risks. Following its capabilities, we aim to provide traders with a well-rounded understanding of the Aura Rocket EA and its potential impact on their trading strategies. Whether you are an expert Forex trader or a beginner, our review of the Aura Rocket EA can help you make an informed decision about whether this expert advisor is the right fit for your trading needs.
Aura Rocket EA Strategy
Aura Rocket is a unique expert advisor that is predicated on deep machine learning and hyperparameter search technology. The hyperparameter feature normally controls the machine learning algorithm by fine-tuning the hyperparameters of the algorithms so that traders can optimize their trading strategies and minimize potential losses.
The Aura Rocket is developed by an individual named Stanislav Tomilov who appears to be based in Russia. Currently, the robot is running on version 2.1 for MT5/MT4 platform and has included a multilayer perceptron and indicators to identify trends and open positions in that direction using a stop loss. Aura Rocket is recommended for the XAUUSD pair on a H1 timeframe. You can either set the EA to trade on low-risk or high-risk mode, but the latter setting will generate a larger drawdown.
One of the key features of the Aura Rocket EA is its rocket mode. This mode allows traders to configure the maximum risk they are willing to take in a trade. The robot then uses this information to make trading decisions that align with the trader’s risk tolerance.
The Aura Rocket EA is built upon one of the vendor’s other EAs, Aura Turbo grid expert. This means that it inherits some of the strengths of its predecessor, following that there is no grid, hedge, martingale, arbitrage, or other risky methods of money management. A lifetime license for Aura Rocket is being sold for $995. Rental options are also available at $295, $445, and $595 for the 3-month, 6-month, and 1-year packages, respectively.
Aura Rocket EA Features
Here is a list of some of the key features of the Aura Rocket EA:
- Deep machine learning algorithms: Uses advanced algorithms to analyze market data and make good trading decisions.
- Hyperparameter search technology: Optimizes the learning process to minimize potential losses.
- It’s FIFO compatible and suitable for FTMO.
- Real-time adaptation: Adapts to changing market conditions in real-time for reduced trading losses.
- Rocket mode: Enables traders to configure maximum risk tolerance for effective risk management.
- No grid, hedge, martingale, arbitrage, or other risky methods of money management is used.
- Currency pair compatibility: The robot mainly trades on the XAUUSD currency pair.
- Customizable settings: Allows traders to customize settings and parameters to suit their individual trading styles.
- The system is not very sensitive to broker conditions, but lower spreads are recommended.
- User-friendly interface: Easy to navigate interface and can be installed easily.
- Continuous updates: Regularly updated for optimal performance and reliability.
Aura Rocket EA Settings
- Lot Size – Adjust the amount of risk and potential profit or loss for each trade.
- Take Profit – Set the target profit level for each trade.
- Stop Loss – Set the maximum acceptable loss level for each trade.
- Trailing Stop Loss – Enable automatic adjustment of stop loss to protect profits and minimize losses.
- Breakeven Function – Enable automatic adjustment of stop loss to break even after reaching a certain profit level.
- Max Spread – Filter out trades during periods of high market volatility.
- Magic Number – Assign a unique identifier to differentiate trades from other EAs.
Aura Rocket EA Summary
Aura Rocket EA is a tool that utilizes deep machine learning and hyperparameter search technology to optimize trading strategies and minimize losses. Its recommended use is for XAUUSD trading on H1 timeframe, and it has a low-risk or high-risk mode with a rocket mode feature allowing traders to set the maximum risk they are willing to take in a trade.
One of the strengths of Aura Rocket EA is that it is built on top of the Aura Turbo grid expert which enables traders to trade from both upward and downward market trends. However, it should be noted that Aura Rocket EA is highly dependent on changing market conditions, requires knowledge and expertise to operate effectively, and is not a guarantee of profits.
Another potential weakness of the tool is its relatively high cost with a lifetime license available for purchase at $995, with rental options starting from $295. Overall, Aura Rocket EA can be worth considering for traders looking to optimize their trading strategies and minimize potential losses, but it is important to consider its limitations and potential risks.
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