Aurora Trend Navigator EA #024

Aurora Trend Navigator EA #024

Expert Advisor Manee Software
USD 4,500
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  • Aurora Trend Navigator EA #024

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  • Aurora Trend Navigator EA – User Guide
  • 1. Overview
  • The Aurora Trend Navigator is an MT5 Expert Advisor designed to capture medium-term
  • trend moves by combining Ichimoku Cloud, Volume Filter, and Stochastic Oscillator.
  • It uses ATR-based Stop Loss & Take Profit, optional trailing stop, and a risk-based position
  • sizing model.
  • 2. Entry Logic
  • 1. Trend Bias (Ichimoku Cloud)
  • o Buy only if price is above the cloud (bullish bias).
  • o Sell only if price is below the cloud (bearish bias).
  • 2. Tenkan/Kijun Cross
  • o Bullish: Tenkan crosses above Kijun.
  • o Bearish: Tenkan crosses below Kijun.
  • 3. Stochastic Confirmation
  • o Buy: %K crosses above %D or rises from oversold (<20).
  • o Sell: %K crosses below %D or falls from overbought (>80).
  • 4. Volume Filter
  • o Current bar’s tick volume must be ≥ average volume of the last N bars ×
  • multiplier.
  • 3. Exit Logic
  • • Stop Loss / Take Profit: Based on ATR × multipliers (SL = 2×ATR, TP = 3×ATR by
  • default).
  • • Trailing Stop: Optional; adjusts based on ATR distance.
  • • Reverse Signal: If opposite entry signal appears, the EA closes the current trade and
  • opens a new one in the opposite direction.4. Input Parameters
  • General Settings
  • • InpMagic: Unique magic number for trade identification.
  • • InpAllowLong / InpAllowShort: Enable buy/sell trading.
  • • InpMaxSpreadPoints: Maximum allowed spread in points.
  • Ichimoku
  • • TenkanPeriod, KijunPeriod, SenkouBPeriod: Standard Ichimoku parameters (default:
  • 9/26/52).
  • Stochastic
  • • StoKPeriod, StoDPeriod, StoSlowing: Stochastic settings (default: 14/3/3).
  • • StoOverbought: Default 80.
  • • StoOversold: Default 20.
  • Volume Filter
  • • VolLookbackBars: Bars used to calculate average volume (default: 30).
  • • VolMultiplier: Multiplier to compare current bar’s volume vs average (≥1.0 means
  • stronger volume required).
  • Risk Management
  • • UseRiskLot: True → risk-based lot size, False → minimum lot.
  • • RiskPercent: % equity risk per trade (default: 1%).
  • • ATR_Period: ATR period for SL/TP calculation.
  • • SL_ATR_Mult, TP_ATR_Mult: Multipliers for SL/TP.
  • Trailing Stop
  • • UseTrailing: Enable trailing stop.
  • • Trail_ATR_Mult: Distance in ATR multiples.
  • • Trail_StepPoints: Step in points for SL adjustment.
  • 5. Recommended Usage
  • Best Pairs:• EURUSD, GBPUSD, USDJPY, XAUUSD (Gold).
  • Best Timeframes:
  • • H1, H4, Daily (avoids noise; Ichimoku works better on higher TF).
  • Example Parameters:
  • • EURUSD H1
  • o SL_ATR_Mult = 2.0
  • o TP_ATR_Mult = 3.0
  • o RiskPercent = 1–2%
  • o VolMultiplier = 1.0
  • • XAUUSD H1
  • o SL_ATR_Mult = 2.5
  • o TP_ATR_Mult = 4.0
  • o RiskPercent = 0.5–1% (Gold is volatile)
  • o VolMultiplier = 1.2
  • 6. Tips
  • • Run on new bar only (EA already optimized to avoid tick noise).
  • • Use a VPS for continuous operation.
  • • Backtest on different pairs & timeframes to optimize multipliers.
  • • Risk-based lots adapt to SL distance → consistent risk per trade.

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