Aura Rocket Review

Aura Rocket is a 100% fully-automated expert advisor compatible with FIFO rules. It uses deep machine learning and hyperparameter search technology to trade with high accuracy. Traders can set a custom stop loss and take profit with each trade and start trading with a minimum deposit of 100 USD. We will review the product below to help traders make a better judgment on its profitability.

Aura Rocket robot review

This robot does not have its personal website, unfortunately. It is found only on the MQL5 platform. Here, the developers provide information about the robot’s basic trade logic, features, settings, pricing, etc. 

Vendor transparency

The Aura Rocket appears to have been developed by Stanislav Tomilov, who seems to be based in Russia. Their MQL5 profile page shows that they have a 4.2 star rating. However, they have held zero formal jobs, contradicting their high claims about a vast industrial experience. This seller has 9 Forex products and 7 signals listed for sale, for example, Aura Pro, Aura Rocket, Matterhorn, and Aura Turbo. Tomilov which has a total of 158 subscribers. 

No information on company whereabouts, email address, or telephone number is provided. This is a poor practice that reduces the trustworthiness of this person. 

Features

The robot has the following features:

• Has an easy-to-use interface. 
• No grid, martingale, or averaging strategies were used. 
• It’s 100% fully automated.
• The system comes with a hard stop-loss mechanism.

How does it work?

The robot works by following the steps mentioned below:

1. Purchase the bot from the MQL5 website
2. Download the EA folder onto your desktop
3. Open MT4 or MT5 on your PC
4. Drag the EA files onto your charts and start trading

It will open trades by scanning the markets and placing orders accordingly.

Aura Rocket strategy tests

The developer states that the robot trades in the direction of the trend by scanning the charts using its neural network. It does not use martingale, averaging, scalping or arbitrage. The history on the MQL5 records show us that the system trades on gold and may use a trailing stop loss to secure profits once a trade enters in profit.

Backtesting records of the robot are available as screenshots. These track past performance from 2021 to 2022. The growth rate was not mentioned in these stats, which is a poor practice. The drawdown of 17.58% is a bit high and the deposits stood at 1000 USD, with the total net profit shown as 2,886,686.62 USD.  

The numbers correspond to the recovery factor of 8.50. The bot made a total of 305 trades out of these, 95.41% were profitable. The worst trade numbers were trimmed from the screenshot, and the profit factor was stated as 8.78. 

Real trading results

Live trading results for Aura Rocket are available on MQL5 from 2022.05.12. The first thing that raises every trader’s concern is the high drawdown value of 36.6%. This does not fall in line with the fact that the loss trade rate is reported as 0%. The growth rate is 63.90%, which is quite hard to believe after observing the high DD value.

A total of 5 trades were made. The recovery factor stood at 0.00. Also, the profit factor has been shown as n/a, which is absurd. Sharpe ratio has been written as 2.54. 

Pricing

This EA is sold in many packages. Lifetime access comes at a one-time price of 995 USD. Customers may also opt to use it for 3 months for 295 USD. A 6-month subscription costs 445 USD and a yearly package comes at 595 USD. Payments are accepted through PayPal, Visa, MasterCard, Union Pay, and Web Money. There is no information about the quality of customer service or a money-back guarantee. 

Customer reviews

There are 23 reviews on MQL5 about this EA, which allocate a rating of 3.83 to this bot. However, customer dissatisfaction seems to be rampant. One customer vented their anger with the bot’s subpar performance by relating how the seller’s various features did not work. Also, the losses made by the system made them lose a lot of money.