Aura Turbo MT5

[TopicStarter]

Introduction​

Evaluating trading robots is a pastime for many, but the Aura Turbo MT5 is one of those robots that has garnered attention. It boasts a rating of 4.64, supported by scattered user feedback. But can we take these ratings at face value? Let's dissect the robot and its claimed benefits, while keeping a healthy dose of skepticism.

Description of Features​

Aura Turbo MT5 claims to be a grid trading Expert Advisor (EA) designed to capitalize on market fluctuations. Its main features include:

• Grid trading strategy: Uses a series of pending orders to catch market reversals.
• Customizable settings: Users can create their own set files for optimized performance.
• Responsive support: The creator is reportedly quick to provide assistance when needed.
• User-friendly interface: Designed for traders of all experience levels.

But let's not get ahead of ourselves; the effectiveness of these features remains to be seen.

Results Analysis​

When analyzing results over the last year, it's crucial to scrutinize drawdowns, win rates, and overall return on investment. Unfortunately, specific detailed statistics are not provided in the user comments or the site's promotional material. Users like sobhankabiryan and Uzochukwu Igbasi have shared their positive experiences, but anecdotal evidence is hardly a solid foundation for confidence. If the results are indeed impressive, one would expect a more comprehensive presentation of performance metrics.

Pros and Cons​

Let's outline the positives and negatives of Aura Turbo MT5 based on user feedback and general trading principles:
Pros:

• Positive user ratings, suggesting some level of satisfaction.
• Good support from the author, which can be a lifesaver for traders in need of assistance.
• Customizable settings allow users to tailor the EA to their needs.

Cons:

• Grid trading strategies can lead to significant drawdowns; caution is advised.
• Anecdotal user feedback does not replace substantial statistical evidence.
• The true effectiveness of the EA remains uncertain without detailed performance analytics.

Source Code of Aura Turbo MT5​

Interestingly, the actual source code of the original Aura Turbo MT5 sold on MQL5 is not publicly available. However, we can create our own version based on the descriptions provided on MQL5. This allows us to experiment with the logic behind the robot without directly copying the original. Just a friendly reminder, the EASY Trading Team does not sell the Aura Turbo MT5; we merely develop code inspired by its description.

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Download Aura Turbo MT5: Insights and Discussions​

If you have questions about the code or want to share your experiences with the Aura Turbo MT5, feel free to discuss them in the forum. It's an excellent platform for sharing insights and results with fellow traders. Remember, the provided code is just an example based on the robot's description, and the team at EASY Trading Team is here to assist with any queries you may have.

Make sure to check out this link for detailed statistics and more information on downloading Aura Turbo MT5.

 

[John Silverman]

I've recently installed Aura Turbo and found that it's not executing any trades. Interestingly, the signal showed a trade was made about five hours ago, but my EA remains silent. On its interface, it asserts that 'I am Working', which gives me hope that all systems should be GO. Is there a possibility that some settings or external factors might be hindering the active trading process?