Aura Scalper EA

Aura Scalper EA is an automated trading system designed for MetaTrader 5, focusing on price action wick rejections and short-term retracement entries across lower timeframes like M1 and M5 [cite: ]. The robot analyzes completed candles to identify significant structural wicks and manages entries through configurable zone or limit-based execution methods [cite: ].

Trading Strategy

The system operates by scanning recently closed bars for price rejections. When a candle forms a prominent wick that exceeds a defined ratio relative to its body, the algorithm tracks price behavior for continuation entries [cite: ]. It includes dynamic risk management components and automated trailing stop features to trail profitable positions systematically [cite: ].

Key Features

  • Built natively for MetaTrader 5 with clean execution routines and zero DLL dependencies.

  • Includes an integrated on-chart analytics and status panel displaying account balance, equity, active floating profit, daily metrics, and live spread [cite: ].

  • Adaptive Average True Range (ATR) options for automated volatility-based stop loss and take profit calculations [cite: ].

  • Built-in spread filters and session time restrictions to control execution parameters during high-volatility events [cite: ].

Recommendations

  • Supported Symbols: Optimized for major pairs and gold (XAUUSD).

  • Timeframes: M1 or M5 charts [cite: ].

  • Execution: Low-latency ECN broker with tight spreads is recommended.

  • Money Management: Configure lot sizing via fixed lots or percentage-based risk parameters according to your personal risk tolerance.

Input Parameters

  • Lot Settings: Configure fixed lot sizing or enable risk percentage calculations per trade.

  • Pip Configuration: Automated pip scaling options for fractional digit symbols.

  • Wick Filters: Adjust minimum wick lengths and wick-to-body ratios.

  • Trade Management: Configure stop loss, take profit, breakeven trigger thresholds, and step trailing distances.

  • ATR Settings: Enable or disable volatility-adjusted scaling parameters.

  • Filters: Define maximum spread limits and active trading hours.


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[ IMPORTANT ] REAL CLIENT FEEDBACK :  https://www.mql5.com/en/market/product/127498/comments#comment_58814415 [ IMPORTANT ]  UPDATED (1 YEAR PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_59233853 [ IMPORTANT ]  UPDATED (1 YEAR 6 MONTHS PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_60000067 [ IMPORTANT ]  UPDATED  (2026/09):  https://www.mql5.com/en/market/product/127498/comments/page2#comment_60389797 [ IMPORTANT ] UPDATED (2026/
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