User Manual: AURA Trade Assistant Pro - Ultimate Risk Manager for MT5

USER MANUAL: AURA TRADE ASSISTANT PRO

Simplify Your Trade, Manage Your Risk.

Welcome to AURA (Automated Utility & Risk Assistant). This manual provides a comprehensive guide to your new risk infrastructure. Please read carefully to understand how the system logic operates, especially the dynamic protections and symbol-specific executions, to ensure flawless trading.

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SECTION 1: CONFIGURATION & SETTING PANEL

The SETTING panel is the command center of your risk infrastructure. It is designed to let you modify crucial parameters in real-time directly from the chart, without the need to open the rigid native MetaTrader Expert Properties window. Click the [ Ξ ] button in the top right corner of the main panel to slide open this window.

⚠️ IMPORTANT: Settings Storage System (State Management)

Before tweaking parameters, it is vital to understand how AURA saves your configurations to prevent data loss or system errors:

1. Master Inputs: When you first drag and drop the AURA EA onto your chart, the native MetaTrader "Inputs" window appears. The values you set here act as your Master Settings. If left untouched, the EA defaults to factory settings.

2. Auto-Save Panel (Memory File): Every time you click the plus [+] , minus [-] , or toggle [ON/OFF] buttons directly on the UI panel, AURA automatically generates a background memory file ( .bin ).

   • Condition: If you change your timeframe (e.g., from H1 to M15) or accidentally restart MetaTrader, your panel settings will not be lost. The EA will seamlessly reload your latest configuration from this memory file.
3. Memory Wiping (Reset by Remove): If you remove the EA from the chart (Remove Expert) or change the currency pair (Symbol), the memory file is automatically deleted. Upon re-attaching the EA, AURA will reset itself to your Master Settings.
4. "RESET TO DEFAULT" Button: Clicking this button at the bottom of the setting panel does not zero out your numbers; rather, it reverts all your UI configurations back to the Master Settings established when the EA was initially attached to the chart.

PANEL PARAMETER DETAILS

1. ACCOUNT TYPE Normalizes financial displays to keep your performance statistics accurate and visually comfortable.

• Toggle [ STANDARD / CENT ]

  • STANDARD Condition: Use this if you are trading on a regular, ECN, or Prop Firm account. The EA reads your money normally.
  • CENT Condition: Use this if you are trading on a Cent (Micro) account. On Cent accounts, a $100 deposit is displayed as 10,000. If set to CENT, AURA divides the displayed funds by 100 on the Dashboard UI, letting you see normal numbers ($100) and removing confusing millions from your screen. The underlying trading logic (SL/Lot calculations) continues to operate perfectly based on broker data.

2. AUTO PROTECTION (INC EXT) This block powers the "Shadow Guard" feature. The EA actively detects every position entering the market and ensures they are protected.

• Toggle [ ON / OFF ]: If ON, the EA instantly injects Stop Loss (SL) and Take Profit (TP) into orders executed manually, via a mobile app, or by any other EA running on the same account.
• Stop Loss (Points) [-] [+] : The maximum loss protection distance (Remember: 10 Points = 1 Pip). If set to 20000, the EA places an automatic SL 2000 Pips away from your entry price.
• Take Profit (Points) [-] [+] : Your automatic profit target. If you do not want an automatic TP (preferring manual closures or trailing stops), set this number to 0 .

• Max Positions + Pending [-] [+] : The absolute maximum number of allowed active orders (Total Open Positions + Pending Orders combined).

  • Condition: If the limit is set to "2", and you attempt to open a 3rd position, the EA will automatically block or delete that order in milliseconds. Highly effective for preventing overtrading or "Fat Finger" execution errors.

3. LOCK & FORCE CLOSE POSITION High-level discipline infrastructure. This is crucial for Prop Firm traders or anyone struggling with emotional control.

• Toggle [ ON / OFF ]: Activates the Daily Circuit Breaker.

• Max Daily Profit (%) [-] [+] : Your daily profit target (calculated from the starting Equity at the broker's daily rollover).

  • Condition: Once this percentage is reached, the EA immediately closes all open positions (Close All), deletes all pending orders, and disables the execution panel (locking the terminal) until the next day.

• Max Daily Loss (%) [-] [+] : Your maximum daily drawdown limit.

  • Condition: Similar to the profit limit, hitting this boundary triggers an Emergency Shutdown, protecting your remaining capital from revenge trading.

4. AUTO RISK CALCULATION Automated financial calculation. The EA acts as your intelligent lot size calculator.

• Toggle [ ON / OFF ]:

  • If ON, the EA ignores the Fixed Lot value and calculates your lot size dynamically based on your Risk Percent (%).
  • If OFF, the EA uses a constant Fixed Lot size, ignoring the risk percentage.

• Risk Percent (%) [-] [+] : The percentage of your total capital (Equity) you are willing to risk on a single trade.

  • Calculation Condition: The EA evaluates your Stop Loss (Points) distance. If the SL is wide, the lot size automatically shrinks. If the SL is tight, the lot size increases. Your exact dollar ($) risk remains constant regardless of the SL distance.
• Fixed Lot [-] [+] : The static lot size utilized if Auto Risk Calculation is turned OFF.

5. BREAKEVEN & TRAILING STOP Logic designed to progressively secure profits, preventing floating profit positions from reversing into losses. (Note: This feature has no ON/OFF toggle here because the activation control is located on the main front panel).

• BUTTON SET TO BE+(Pts) [-] [+] : The extra profit distance applied when you click the manual [SET TO BE +] utility button on the main panel. Example: If set to 500 (50 pips), clicking the button moves your SL to Open Price + 500 points.
• Trailing Trigger BE+ (Pts) [-] [+] : The specific price point (pure floating profit) that must be reached for the Trailing Stop system to activate for the first time.
• Trailing BE+ Buffer (Pts) [-] [+] : Once the Trigger above is hit, the EA does not move the SL exactly to the Open Price (which is vulnerable to spread spikes). Instead, it secures it at the Break-Even area PLUS this Buffer. This is your "first profit lock" zone.
• Trailing Distance (Pts) [-] [+] : The trailing distance the Stop Loss maintains behind the current price as it continues to move in your favor after achieving BE+ status.
• Trailing Step (Pts) [-] [+] : Server efficiency logic. The EA will not modify the SL for every 1-point move (which could freeze the terminal and flag your account with the broker). The SL is only adjusted once the price has moved further by this Step value.

SECTION 2: 🛑 CRITICAL TOGGLE CONDITIONS & COMBINATIONS (Must Read)

AURA is a highly flexible infrastructure. Depending on how you configure the three main toggles ( Auto Protection , Auto Risk , and Daily Limits ), the EA adapts its execution logic. Please read this section carefully to prevent execution errors.

• Scenario A: Auto Risk [ON] + Auto Protection [OFF] (⚠️ HIGH RISK)

  • What Happens: You are asking the EA to calculate a risk-based lot size, but you are telling it not to place a Stop Loss in the market.
  • The Logic: The EA will use the hypothetical SL distance to calculate the exact Lot Size. However, upon execution, the order is sent to the broker with No Stop Loss. You get a mathematically heavy lot size without a physical safety net.

• Scenario B: Daily Limits [ON] + Auto Protection [OFF]

  • What Happens: Individual trades are unprotected, but the entire account has a safety net.
  • The Logic: When you open trades, they will have no Stop Loss or Take Profit. However, the EA is still calculating your total floating PnL. The moment your combined floating loss hits the Max Daily Loss (%) , the EA will act as a massive "Global Stop Loss" and force-close all running trades instantly.

• Scenario C: Auto Risk [OFF] + Auto Protection [ON]

  • What Happens: Traditional Fixed-Lot trading with automated safety.
  • The Logic: The EA will execute your exact Fixed Lot (e.g., 0.10 lots). But the moment the trade is opened, the EA will instantly attach the SL and TP points defined in the settings. Perfect for scalpers avoiding spread spikes.

• Scenario D: ALL GUARDS [OFF]

  • What Happens: AURA operates strictly as a manual "Naked Execution" panel. Trades use Fixed Lots, have no SL/TP, no daily limits are enforced, and external trades are ignored. You are fully responsible for your trade management.

SECTION 3: QUICK TRADING BUTTONS (PLACE ORDER)

This section covers the tools you will use to enter the market.

1. INSTANT MARKET EXECUTION

Located in the "PLACE ORDER" box, these buttons are built for lightning-fast execution.

• [ BUY ] / [ SELL ] Button: Instantly executes a Market order at the current Ask/Bid price.

• Execution Logic & Condition:

  • Before execution, the EA checks your Auto Risk Calculation settings. If ON, it calculates the lot size based on Equity and SL Points.
  • If Auto Protection is ON, the EA instantly attaches the predefined SL and TP.
  • Failsafe Condition: If you have reached your Max Positions limit, or if the terminal is locked due to Daily Limits, clicking these buttons will trigger a warning alert, and no order will be placed.

2. VISUAL PLANNER (STOP / LIMIT ORDERS)

AURA's flagship feature, allowing you to drag and drop lines on the chart to set up your trades visually.

• [ STOP / LIMIT ] Button: Activates the Visual Planner mode. Three dotted lines will appear: Entry (White), Stop Loss (Red), and Take Profit (Lime).

• Dynamic Logic (Smart Auto-Detection):

  • Buy vs. Sell Detection: You do not need to choose Buy or Sell manually. If the Red SL line is below the White Entry line, the EA prepares a BUY order. If the SL is above the Entry, it prepares a SELL order.
  • Stop vs. Limit Detection: Upon clicking [CONFIRM], the EA compares your Entry line with the current market price. For a Buy: If Entry > Current Price, it executes a Buy Stop. If Entry < Current Price, it executes a Buy Limit.

• Visual Calculation Box: Updates in real-time as you drag the lines, showing:

  • LOT: The exact lot size required to maintain your Risk %.
  • RR: Your exact Risk/Reward ratio (e.g., 1:2.5).
  • EST. LOSS / EST. PROFIT: The exact dollar ($) amount you stand to lose or gain.
• [ CONFIRM ] vs [ CANCEL ]: Click CONFIRM to send the order to the broker based on your lines. Click CANCEL to abort and remove the lines.

3. OCO (One Cancels the Other) PLANNER

Designed for high-impact News trading or Breakout strategies.

• [ OCO ] Button: Two lines will appear: an Upper Entry (Cyan) and a Lower Entry (Magenta).
• Execution Logic & Condition: Drag the Upper line above the current price (Buy Stop) and the Lower line below the current price (Sell Stop). Upon clicking [CONFIRM], the EA places both pending orders applying the SL and TP points from settings.
• The "Cancel" Trigger: The EA monitors these specific tickets. The moment one order is triggered by the market, the EA instantly deletes the opposite pending order.

4. [ DEL ] PENDING ORDERS

• Function: A single-click panic button that instantly deletes ALL pending orders (Limits and Stops).
• Condition: This action only applies to the current chart symbol. It does not affect active open positions.

SECTION 4: ADVANCED TRADE MANAGEMENT (UTILITY)

This section contains tools to manage your active positions, secure profits, and control exposure. IMPORTANT: All actions in the Utility panel only affect the currency pair/symbol of the chart the EA is currently running on.

1. TARGETED CLOSURE LOGIC (Toggle Button) Located at the top of the Utility box, this dynamic toggle dictates which positions the management buttons will affect:

• [ ALL POSITIONS ]: Actions affect every open position on the chart.
• [ PROFIT POSITIONS ]: Actions only affect positions currently floating in positive profit (Net Profit + Commission + Swap > 0).
• [ LOSS POSITIONS ]: Actions only affect positions currently floating in negative profit.

2. [ CLOSE ALL ] Button

• Function: Instantly closes 100% volume of the positions dictated by the Targeted Closure Logic above.
• Example: If the toggle is set to [PROFIT POSITIONS] and you click [CLOSE ALL], the EA will close all winning trades and leave the losing trades running.

3. PARTIAL CLOSE Buttons [ 25% ] [ 50% ] [ 75% ]

• Function: Secures a percentage of your active trade volume.
• Broker Constraint Handling: If a position's volume is too small to be partially closed based on the broker's minimum Volume Step (e.g., trying to close 50% of a 0.01 lot), the EA will automatically adapt (either close the entire position or ignore it) to comply with broker rules without causing errors.

4. [ SET TO BE + ] Button

• Function: A manual override to instantly secure your trades. When clicked, the EA moves the Stop Loss of targeted active positions to their respective Open Prices plus the distance defined in the settings.
• Condition: This only works if the current market price has moved far enough away from the Open Price to legally place the SL according to the broker's freeze levels.

5. [ TRAILING ON / OFF ] Button

• Function: Activates or deactivates the automated Trailing Stop system. The button is Green when ON and Blue when OFF.
• Spread Spike Protection Condition: The trailing logic is designed to trail behind the Bid price for Buys and the Ask price for Sells. It ensures your SL is moved securely step-by-step, without choking the trade during minor spread fluctuations.

SECTION 5: LIVE ANALYTICS & DASHBOARD DATA

AURA eliminates your dependency on third-party tracking websites by delivering institutional-grade, real-time statistics directly onto your chart.

1. SUMMARY ACCOUNT (Lifetime Statistics)

This section tracks your performance from day one, helping you evaluate the long-term viability of your strategy.

Header Metrics:

• NET DEPOSIT: Total funds deposited minus all withdrawals. (Benefit: Shows your actual invested capital).
• EQUITY: Real-time account value (Balance +/- floating PnL). (Benefit: Shows your true current purchasing power).
• NET PNL: Total lifetime Net Profit/Loss realized. (Benefit: The ultimate bottom line of your account).

Grid Metrics (The 12 Data Points):

1. 🔄 TRADE: The total number of closed trades in the account’s history. (Shows your sample size).
2. 🎯 WIN RATE: The percentage of total trades that ended in profit. (Measures strategy accuracy).
3. 🟣 EXPECTANCY: The mathematical average dollar amount you expect to win/lose per trade. (Proves if you have a statistical edge).
4. 📈 PROFIT FAC. (Profit Factor): Gross Profit divided by Gross Loss. (Scores risk efficiency; >1.0 is profitable).
5. 🛡 REC. FACTOR (Recovery Factor): Net Profit divided by Maximum Drawdown. (Measures how fast you recover from losing streaks).
6. 📉 DRAWDOWN: The largest peak-to-trough equity drop, displayed in both % and $. (AURA uses Withdrawal-Aware logic so payouts do not cause fake drawdown spikes).
7. 💲 AVG PROFIT: The average dollar amount made on winning trades.
8. 🔻 AVG LOSS: The average dollar amount lost on losing trades. (Compare this to Avg Profit to see your true Risk/Reward).
9. 🏆 WIN STREAK: The highest number of consecutive winning trades.
10. 🔗 LOSS STREAK: The highest number of consecutive losing trades. (Crucial for mental preparation).
11. 📅 DAYS: Total number of days you have actively traded.
12. ⚖ P : L (Profit vs. Loss Days): The ratio of days that ended in net profit versus days that ended in net loss. (Measures daily consistency).

2. TODAY TRADE (Daily Statistics)

This section isolates your data purely for the current trading session. It resets automatically at the broker's daily rollover, making it an absolute necessity for Prop Firm challengers monitoring their daily limits.

Header Metrics:

• EQUITY: Your live equity at this exact moment.
• PNL: The live floating profit/loss of currently open trades.
• POS (B/S): Live exposure showing the exact number of active Buy (B) and Sell (S) positions.
• LOT (B/S): Live exposure showing the total lot volume allocated to Buys and Sells. (Helps you spot if you are over-leveraged on one side).
• TODAY PNL (The Gold Box): The absolute total of today's secured profit PLUS your currently floating profit/loss. (This dictates exactly how close you are to your Daily Loss/Profit limits).

Grid Metrics (The 8 Data Points):

1. 🔄 TRADE: Total number of trades executed and closed today.
2. 🏆 WIN: Number of winning trades today.
3. 📉 LOSS: Number of losing trades today.
4. 🎯 WINRATE: Your accuracy percentage specifically for today's session.
5. ★ WIN STREAK: Consecutive winners today.
6. ⛓ LOSS STREAK: Consecutive losers today. (A high loss streak is a psychological warning to stop trading).
7. 💰 PROFIT: Gross dollar amount made from today's winning trades.
8. 🔻 LOSS: Gross dollar amount lost from today's losing trades. (Reveals the volatility of your daily session).

3. FOOTER STATUS (System Control Center)

Located at the very bottom of the panel, these texts serve as a constant reminder of the EA's current operating modes.

• RISK: Displays AUTO (%) (EA calculates dynamic lots based on equity) or FIXED (Lot) (EA uses static lot sizes).
• AUTO PROTECT: Displays ON (Shadow Guard actively injecting Stop Losses) or OFF (Trades are unprotected).
• MAX DL / DP: Displays your set Maximum Daily Loss and Daily Profit percentage limits to keep your goals constantly visible.

END OF USER MANUAL.