Aurora Equinox XAU
- Experts
- Version: 1.13
- Activations: 5
The EA initiates a trade based on market momentum. If the market moves against the initial position, the EA enters Recovery Mode, placing a counter-trend pending order at a strategic distance. This creates a "Recovery Zone" where the EA manages lot sizes and trailing stops to exit the entire basket in profit as soon as the market trends in either direction.
Key Features-
Smart Zone Recovery: Mathematically calculated entry points to ensure a safe exit from sideways or trending markets.
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Advanced Money Management: Built-in margin check and volume normalization to prevent "Invalid Volume" or "No Money" errors.
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Equity Protection: Includes a Hard-Stop Equity Risk feature (e.g., 30% risk cap) to protect your account from extreme market volatility.
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Target Profit in USD: A dedicated "Close All" function that triggers when the total basket profit reaches your specified dollar amount.
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Dynamic Trailing Stop: Protects gains by trailing the profit of active positions once they reach the break-even zone.
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Netting & Hedging Compatible: Fully optimized to run on both MT5 Netting and Hedging account types.
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Initial Lot: The starting volume for the first trade (e.g., 0.01).
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Lot Multiplier: The ratio for recovery trades (Recommended: 1.35 - 1.5).
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Recovery Distance: The gap in points between the initial trade and the recovery order.
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Target Profit (USD): The total dollar amount at which the EA will close all positions and reset the cycle.
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Max Equity Risk (%): Maximum allowed drawdown percentage before the EA forcefully closes all trades to save the balance.
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Max Recovery Levels: Limits the number of recovery layers to prevent excessive margin usage.
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Symbol: XAUUSD (Gold), EURUSD.
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Timeframe: Any (D1 or H1 recommended for better trend stability).
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Minimum Balance: $1,000 for Standard accounts or $100 for Cent accounts.
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Leverage: 1:500 or higher is highly recommended.
