Quick Summary:
Aurum AI EA for MT4 is Leonid Arkhipov’s AI-powered XAUUSD trading algorithm built for the MetaTrader 4 platform. Originally released in late 2024, the MT4 build was one of the developer’s first AI-driven Gold products and has remained in continuous development through to the current version. The algorithm trades XAUUSD on the M5 timeframe using AI-based global trend analysis combined with disciplined risk controls — hard stop loss, hard take profit, no martingale, no grid trading, no order locking.
The MT4 build is the right choice for traders running the legacy MetaTrader 4 platform — whether by broker requirement, by preference for MT4’s lower resource footprint, or because they’re already running multiple MT4 EAs in established VPS configurations. The underlying algorithm logic, the news filter, the recovery protection, and the trading panel are consistent with the MT5 release on the same broker conditions.
What you receive at CheaperForex: the full unlocked .ex4 file in the latest version. Install on any number of MT4 terminals across multiple broker accounts and VPS setups without activation count restrictions.
Official MQL5 Listing:
Aurum AI EA MT4 — MQL5 Marketplace
👀 Trading on MetaTrader 5? Aurum AI is also available as the popular MT5 build with 4.86★ from 44 verified MQL5 reviews. View Aurum AI EA MT5 →

Why Trade Aurum AI on MT4
- Established original platform release — the MT4 version was the original release in late 2024 that built the developer’s reputation in the AI-driven Gold EA space.
- MT4 ecosystem fit — for traders running other MT4 EAs, broker accounts that primarily support MT4, or who prefer MT4’s lower system resource footprint compared to MT5.
- Same AI-driven trend analysis as MT5 — the algorithm only opens positions in the direction of the global trend, filtering out counter-trend setups that destroy retail XAUUSD strategies during strong directional moves.
- Strict risk management discipline — every trade carries hard stop loss and hard take profit. No martingale recovery, no grid stacking, no order locking, no averaging into losing positions.
- Integrated news filter — configurable for low-impact, medium-impact, and high-impact news events. By default the filter blocks trading around high-impact USD news which are responsible for most XAUUSD M5 algorithmic blow-ups.
- Recovery protection system — loss recovery logic that activates after defined drawdown thresholds to protect account equity. Defensive logic, not a martingale recovery.
- Auto-Risk mode — configure a percentage of account balance per trade and the EA automatically calculates appropriate lot size for each entry.
- Active developer engagement — Leonid Arkhipov maintains both MT4 and MT5 builds and continues to release iterative updates to both platforms.
- Full unlocked .ex4 file — the CheaperForex version removes activation count restrictions present in the MQL5 marketplace version.
The 12-Year XAUUSD Backtest

The developer’s published backtest covers 12 years of XAUUSD M5 data from January 2012 to October 2024 at 98% history quality. The equity curve shows consistent upward progression across multiple Gold market regimes including the 2013-2015 bear market, the 2016-2019 range-bound period, the COVID-driven 2020 spike, and the 2022-2024 bull run that took XAUUSD from $1,800 to over $2,700. The backtest covers 537 trades with 506,423,633 ticks processed.
Key backtest metrics:
- Initial deposit through compounded growth across 12 years
- Profit Factor: 124.04
- Recovery Factor: 72.15
- Sharpe Ratio: 5.71
- Total Trades: 537 (252 short, 285 long)
- Win Rate in Backtest: 100% — all 537 trades closed in profit
- Maximum Equity Drawdown: 11.89%
- Maximum Balance Drawdown: 0%
Honest interpretation: The 100% backtest win rate reflects how Aurum AI’s strict entry filters and hard TP exits behave in the simulated environment — trades reach take profit before reaching stop loss in the backtest’s tick-by-tick simulation. Live execution introduces slippage, partial fills, broker-specific tick variation, and news-driven moves that will produce some losing trades. The realistic live expectation is a very high win rate (the verified live signal currently shows 100% across early trades) but not literally 100% over time. The 11.89% maximum equity drawdown is the more meaningful risk metric — even with strict trend-following discipline, floating positions can experience meaningful unrealised losses during adverse periods before reaching either TP or SL.
EA Setup at a Glance
- Platform: MetaTrader 4 (hedging account required)
- Trading Pair: XAUUSD only (Gold)
- Timeframe: M5
- Strategy: AI-driven trend following with hard SL/TP
- Position Sizing: Fixed lot or Auto-Risk percentage mode
- Risk Controls: Hard SL, hard TP, news filter, recovery protection — all configurable
- Account Type: Hedging, Zero, Cent, Micro, Standard, Premium, or ECN
- Broker: Low-spread account recommended (Raw / ECN preferred). IC Markets and IC Trading specifically recommended by the developer
- Leverage: Any leverage supported
- Minimum Deposit: $100 minimum, $500 recommended for live deployment
- VPS: Required for continuous M5 operation
- Published: Late 2024 (original platform release)
- Activation: Unlimited when purchased from CheaperForex
Who Aurum AI MT4 Is For
Ideal for traders who:
- Run MetaTrader 4 by preference, by broker requirement, or for legacy account compatibility
- Want AI-driven XAUUSD M5 trading exposure on the MT4 platform
- Prefer trend-following methodology with hard SL/TP over grid or martingale recovery
- Are running prop firm challenges where strict risk management is required
- Trade on IC Markets, IC Trading, or similar low-spread ECN brokers
- Can deploy a 24/5 VPS for continuous M5 execution
- Want to run Aurum AI alongside other MT4 EAs in an established trading setup
Consider the MT5 version if you:
- Have flexibility on platform choice — the MT5 version has more recent updates and the verified live signal currently runs on MT5
- Want MT5’s faster order execution speed on volatile XAUUSD ticks
- Plan to backtest extensively using MT5’s superior real-tick infrastructure
What You Receive
- Aurum AI EA for MT4 — Latest Version
- Full unlocked .ex4 file — install on any number of MT4 terminals without activation restriction
- Installation guide PDF
- Recommended settings notes
- Free lifetime updates
Risk Disclaimer
Aurum AI trades XAUUSD on the M5 timeframe — a market characterised by substantial intraday volatility and news-driven price spikes. While the strategy’s strict risk-management architecture (hard SL/TP, no grid, no martingale, news filter) limits per-trade risk, accumulated drawdown can still occur across adverse market conditions. The 12-year backtest’s 100% win rate reflects backtest conditions only and will not translate to a 100% live win rate. The 11.89% maximum equity drawdown shown in the backtest is the more realistic baseline for evaluating risk exposure. Test on demo or cent accounts for 2-4 weeks on your intended broker before committing real capital, use conservative position sizing, and never deploy funds you cannot afford to lose. Past performance — whether from backtests or live signals — does not guarantee future results.
Want the Full Analysis?
📖 Read our complete Aurum AI EA review (MT4 + MT5) →
Includes detailed examination of the AI-driven trend-following methodology, honest analysis of the 100% backtest win rate, breakdown of the verified live signal data, news filter configuration recommendations, MT4 vs MT5 platform comparison, broker recommendations, and our verdict on whether Aurum AI is appropriate for your specific trading profile.

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