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.