What Aurora XAU does

Aurora XAU is a short-hold scalping Expert Advisor for XAUUSD on MetaTrader 5. It watches the M5 chart during the London and New York sessions, waits for price to pull back against the prevailing M15 direction, and enters when a small momentum reversal confirms that the pullback is exhausted. Positions are usually open for between four and forty minutes. Every order is sent with a stop loss and take profit attached, and the EA never averages into a losing trade.

Entry and exit logic

The directional bias is derived from a pair of smoothed moving averages on M15 combined with an average-true-range slope check. Entries are only permitted when the M5 pullback has retraced between 38 and 62 percent of the last impulse and a two-bar reversal pattern closes inside that band. Exits use a fixed take profit expressed in ATR multiples, a hard stop loss placed beyond the pullback extreme, and an optional break-even move once price has travelled half the distance to target. If a trade is still open when the session window closes, Aurora tightens the stop rather than closing at market, so that a favourable move is not cut off by the clock.

Risk controls built in

Aurora sizes each position from a fixed percentage of account equity, with a maximum lot cap that you set. A spread filter blocks new entries when the current spread exceeds your threshold, which matters on gold because spreads can triple around US data releases and at rollover. A daily loss limit halts trading for the rest of the day once realised losses reach the configured percentage, and a maximum-trades-per-day input stops the EA from overtrading on choppy days. The EA reads the symbol's digit count and contract size from the terminal, so it works on both two-digit and three-digit gold quotes without changes.

Who it suits

Aurora is designed for traders who already understand that gold scalping depends on execution. It performs best on ECN or raw-spread accounts where the typical XAUUSD spread during London hours is below 25 points, and it should run on a VPS so that the terminal is never asleep when the session opens. Cent accounts are supported for traders who want to run it with very small risk while they build confidence in the setup.

What is included

The download contains the compiled .ex5 file, three .set files (conservative, balanced and active), the exact strategy tester configuration used for the sample backtest shown on this page, and a concise PDF guide covering installation, GMT offset configuration and the meaning of every input. Updates are included for twelve months and delivered through your account downloads page.

Honest expectations

The performance figures on this page are sample data from a tester run and a demo account, clearly labelled as such. They are not a forecast. Gold can move hundreds of points in minutes, and a scalping system will experience losing days and losing weeks. Run Aurora on a demo account first, compare its behaviour with the sample results, and only then decide whether it fits your risk tolerance.

• MetaTrader 5 build 4410 or later, hedging or netting account (one position at a time either way).
• XAUUSD with a typical London-session spread under 25 points on a two-digit quote (2.5 on three digits).
• Minimum recommended balance: USD 500 on a standard account or USD 50 on a cent account at 0.25 percent risk per trade.
• A Windows VPS or an always-on PC located near your broker's servers; ping under 50 ms is ideal.
• Correct broker GMT offset entered in the inputs so the session windows line up with real London and New York hours.

1. Download the archive from your account and extract it. You will find AuroraXAU.ex5, a presets folder and the guide.
2. In MetaTrader 5 open File > Open Data Folder, then navigate to MQL5/Experts and copy AuroraXAU.ex5 into it.
3. Copy the three .set files into MQL5/Presets.
4. Restart the terminal so the new expert appears in the Navigator under Expert Advisors.
5. Enable Algo Trading on the toolbar and, under Tools > Options > Expert Advisors, allow automated trading.
6. Open an XAUUSD M5 chart and drag AuroraXAU onto it. In the dialog, tick Allow Algo Trading.
7. On the Inputs tab click Load and choose the preset that matches your risk appetite, then enter your broker's GMT offset and your license email.
8. Confirm the smiley face in the chart corner and check the Experts tab for the "Aurora XAU initialised" message.