This guide walks through the inputs of Aurum AI MT4 with the values recommended for live trading. The set files that come with the EA already contain these settings, so you can load them in one click and adjust only what your broker or account needs.
🔢 Aurum AI MT4 Settings Guide
Aurum AI MT4 is an intelligent automated trading Expert Advisor designed to combine AI-driven market analysis with flexible money management and built-in risk controls.
The EA provides essential parameters for trade execution, position sizing, spread protection, and Friday closing management, allowing traders to optimize performance while maintaining disciplined risk management across various market conditions.
🔢 Aurum AI MT4 Settings Explained
🔶 Technical Specifications
🔹 Take profit = 500.0 – Sets the Take Profit target to 500.0 points, automatically closing profitable trades once this target is reached.
🔹 Stop loss = 1400.0 – Defines the Stop Loss at 1400.0 points, limiting the maximum loss allowed for each position.
🔹 Maximum spread = 40.0 – Prevents the EA from opening new trades whenever the market spread exceeds 40.0 points.
🔹 Unique trade identifier = 123454321 – Assigns the Magic Number 123454321 so the EA can identify and manage only its own trades.
🔹 Comm = Aurum AI EA – Adds the trade comment "Aurum AI EA" to every position opened by the Expert Advisor for easier trade tracking.
🔶 Money Management
🔹 Enable automatic lot calculation = true – Enables dynamic position sizing based on the selected account risk settings.
🔹 Risk in percentage = 5.0 – Sets the automatic risk level to 5.0% of the account balance for each trade when Auto Lot is enabled.
🔹 Fixed lot = 0.0 – Specifies a Fixed Lot value of 0.0, meaning this parameter is ignored because automatic lot calculation is enabled.
🔶 Friday Closing Filter
🔹 Disable trading on Friday = false – Allows the EA to continue opening new trades on Fridays.
🔹 Close positions before the weekend = false – Keeps open positions running through the weekend instead of automatically closing them before the market closes.
🔹 Position closing hour (server time) = 0 – Sets the scheduled Friday closing hour to 0 (server time), although it is inactive because weekend closing is disabled.
🔢 Conclusion
Aurum AI MT4 offers a clean and straightforward configuration focused on practical risk management and reliable automated execution. With adjustable Take Profit, Stop Loss, spread protection, dynamic money management, and optional Friday trading controls, the EA provides traders with the flexibility to adapt its behavior to different account sizes and trading preferences while maintaining consistent trade management.
🔢 FAQs
❓ Does Aurum AI MT4 support automatic lot sizing?
Yes. When Enable automatic lot calculation = true, the EA calculates the lot size automatically based on the configured Risk in percentage.
❓ What happens if the market spread exceeds 40.0 points?
The EA will not open new positions until the spread falls below the Maximum spread = 40.0 limit.
❓ What is the purpose of the Magic Number 123454321?
The Magic Number uniquely identifies trades opened by Aurum AI MT4, allowing it to manage only its own positions.
❓ Will Aurum AI MT4 close trades before the weekend by default?
No. The current configuration sets Close positions before the weekend = false, so existing trades remain open over the weekend.
❓ Can I use a fixed lot instead of percentage-based risk?
Yes. Disable Enable automatic lot calculation and specify your preferred Fixed lot value instead of using percentage-based position sizing.
Get Aurum AI MT4
Download Aurum AI MT4 with its set files, read the full product details and requirements here: Aurum AI MT4 →