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Aura Black Edition EA - neural networks in action

Published: 21.06.2022
Reading time: 22 minutes
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aura-black-edition-ea

Aura Black Edition EA is designed to trade exclusively on Gold. According to the author, the robot uses neural networks in its trading algorithm. In particular, an artificial neural network with feed-forward (ANN), which is extremely difficult to verify - let's hope that the author is not disingenuous, although I very much doubt it. Aura Black Edition does NOT use dangerous trading methods such as martingale, grid, averaging, which means that it is relatively safe. At the same time, the adviser shows consistently profitable trading results from 2012 to this day, but for the period up to 2012, I have big questions. What prevented the Expert Advisor from trading profitably from 2003 to 2012? More on that below.

Сharacteristics of the Aura Black Edition MT4 EA

  • Platform: Metatrader4
  • EA version: 2.3
  • Currency pairs: Gold (XAUUSD)
  • Trading Time: Around the clock
  • Timeframe: D1
  • Minimum deposit: 500$ (per trading pair)
  • Recommended broker: Roboforex, XM, FTMO

Trading algorithm

The author is trying to tell us about some kind of neural networks, but in my opinion everything is much simpler. The EA determines the direction of entering the market based on some indicators (possibly trend or channel ones) and opens a deal in their direction with the specified SL and TP, and then manages the open position using a trailing stop if the price goes in the right direction or closes the deal by Stop Loss if the price goes in the opposite direction.

And here is what the author says about his creation:

EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of multiple layers of perceptron's (with threshold activation). Multilayer perceptron's are sometimes colloquially referred to as "vanilla" neural networks, especially when they have a single hidden layer. An MLP consists of at least three layers of nodes: an input layer, a hidden layer and an output layer. Except for the input nodes, each node is a neuron that uses a nonlinear activation function. MLP utilizes a supervised learning technique called backpropagation for training. Its multiple layers and non-linear activation distinguish MLP from a linear perceptron. It can distinguish data that is not linearly separable.

Testing

Backtesting shows good results only since 2012, see tests. But until 2012, the work of the adviser is not stable and unprofitable (see the last test). How can this be explained? Optimization for a given period of history or historical data and market fluctuations in the period 2003-2012? I am more inclined to believe in optimization, and certainly not in neural networks. If I am wrong, and you think otherwise, then correct me in the comments, I would be interested in your opinion.

XAUUSD 2012-2022 (10 years)backtest-aura-black-ea-2012-2022

XAUUSD 2017-2022 (5 years)backtest-aura-black-edition-5-years

XAUUSD 2021-2022 (1 year)backtest-aura-black-edition-1-year

XAUUSD 2003-2012backtest-aura-black-2003-2012

To achieve 99.9% of the  modeling quality used TDS 2

But even since 2012, the EA shows profitable trading only with certain settings (Preset in the archive). With default settings, trading is unprofitable. And this speaks of optimization for the given trading conditions. If this were not the case and the adviser traded with different results, but profitably, then we could talk in general about a profitable and successful adviser algorithm. But alas, this is not so.

However, even 10 years of profitable trading with low drawdown is enough to get the attention of traders on Aura Black Edition, which is what I'm doing here. But the period of history 2003-2012 is very alarming, which can be repeated at any moment. And then the question is - are you ready to risk your funds to check it out?

Therefore, I urge everyone to be extremely careful and not trust this adviser with the money that you are not ready to lose!!!

Settings

The Aura Black Edition EA settings are intuitive and don't really need any further description, but I'll post it here anyway if any of you need clarification.

All settings Aura Black Edition EA

aura-black-edition-settings

  • Lot for Balance - Automatic lot calculation volume
  • Balance - Automatic lot calculation step
  • Fix Lot (if 0 then Auto) - Fix lot
  • Number of Opened Deals - maximum orders
  • Time to Start Hour - Start hour to open trades
  • Time to Finish Hour - End hour to open trades
  • Comments - Comments
  • Magic - Magic number
  • Open Opposite Deals - Enable opposite direction logic
  • Max Spread - Spread filter
  • Trailing On Off - Trailing stop on/off
  • Trailing Start - Trailing start in points
  • Trailing From - Trailing from in points
  • Trailing Step - Trailing step in points
  • Use Breakeven - Breakeven function
  • Take Profit - Take Profit in points
  • Stop Loss - Stop Loss in points

And by tradition, I recommend using the services of only a trusted forex broker with zero spread.

Get the X Trend Premium

In the archive Aura_Black_Edition.rar (154.2 KB):

  • Aura BlackEdition 2.3_fix.ex4
  • Aura Black Edition.set

Free Download Aura Black Edition EA v 2.3

Mirror

Author:
Daniel
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Comments:
  • Mr.A
    Published: 22.06.2022 Reply to the message

    I think the author makes this EA as "History Reader" for the last 10 years, so in the past 10 years having good result, if forward test will show different result :-D

  • Mike
    Published: 24.06.2022 Reply to the message

    So do you recommend it or not?

  • Mr.A
    Published: 27.06.2022 Reply to the message

    I will not use this EA..seriously for EA, I suggest to use MT5, because it can test the historical tick data accurately, different with MT4. MT4 even I use every ticks for back test, but it is still inaccurate.

    • Daniel
      Published: 27.06.2022 Reply to the message

      In MT4 use TDS 2 and you will be happy.

  • Lokesh ChandraSekhar
    Published: 30.06.2022 Reply to the message

    Sir kindly upload updated version which is 2.5

  • Max71
    Published: 27.07.2022 Reply to the message

    Tested for two weeks on two accounts: real and demo. The openings are the same in both accounts except for small slippage differences. the problem is that in the backtest, as a counter-test, with the data of the two weeks the EA makes more openings compared to those of the historical one and goes to cover losses in breakeven that in real or demo it does not. So the backtest does not reflect the historical.

    • Daniel
      Published: 27.07.2022 Reply to the message

      Valuable observation. Thanks.

  • mohammad
    Published: 29.07.2022 Reply to the message

    thank you sir
    excellent preset file!
    good luck

  • Capella
    Published: 09.08.2022 Reply to the message

    Dangerous EA ]:-> . Don't use this ea with low balance account.

  • Aklib
    Published: 23.08.2022 Reply to the message

    version 2.7 was released yesterday.
    If we could have such a version, it would be great.

    • Daniel
      Published: 23.08.2022 Reply to the message

      Soon will be. Follow the updates on the site and on our Telegram Channel.

      • Aklib
        Published: 06.09.2022 Reply to the message

        Can't wait.
        I think you are acting in this direction.
        I would love to get v2.7

  • heyi
    Published: 12.09.2022 Reply to the message

    It has been active on the virtual server since last night, but I have a trade. It has not opened, what is the problem?

  • edwin
    Published: 14.09.2022 Reply to the message

    I have some new FX really good. how can I share ??

    • Aklib
      Published: 20.09.2022 Reply to the message

      I don't think you can share anything on this page.
      I am interested in what you have interesting.
      How can I contact you.

  • lee
    Published: 18.09.2022 Reply to the message

    Expect 2.7 :P :P :P :P :P

    • Aklib
      Published: 28.09.2022 Reply to the message

      Maybe I'm impatient, but I'm still waiting.

  • Aklib
    Published: 27.09.2022 Reply to the message

    I don't think you can get v2.7 though

  • David
    Published: 29.09.2022 Reply to the message

    Thanks a lot. The adviser is good and has been working for me for 2 months on a real account, but I would like such an adviser to work on all currency pairs and on different time frames. Please tell me where to download or order?

    • Aklib
      Published: 01.10.2022 Reply to the message

      Here you can buy the latest version v2.7

  • David
    Published: 07.10.2022 Reply to the message

    Thank you, how much is the latest version and what currency pairs does it work on?

  • Jon
    Published: 11.10.2022 Reply to the message

    I downloaded and am able to run this EA in strategy tester, but it will not open any trades on live account. Is there something I'm missing? It's installed properly and appears to be running fine, just does not open any trades.

    • eatrader
      Published: 28.10.2022 Reply to the message

      yes JON, by default, it will only trade if the minimum balance is $500, but you can change the settings on 'Expert Properties' and change the initial balance to $100 or 10 or any amount you want. then it will trade.

  • Giorgos
    Published: 12.11.2022 Reply to the message

    Hi, according to Author's setfile trail is false...what's the difference ?

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