Gold Nova EA is designed specifically for trading gold (XAUUSD). It aims to serve traders looking for automated and systematic gold trading strategies, with a strong emphasis on risk control and customizable options.
Key Features of Nova EA
- Dynamic Stop Loss – GoldNova EA uses a Stop Loss system adjusting dynamically based on recent candlestick price movements. This method aims to adapt to changing market conditions, providing a more flexible approach to managing risk.
- Multiple Trading Strategies – It offers three distinct trading strategies, each capable of managing up to three trades simultaneously. This allows the EA to handle a maximum of nine trades open at once.
- Customizable Trailing Stop – The EA includes a trailing stop profit-lock feature designed to protect earned profits. Users can freely customize the settings according to personal or strategic preference.
- Safety and Risk Management:
- Authenticity of System – Unlike some EAs claiming the use of AI but relying secretly on riskier approaches such as martingale or grid trades, GoldNova EA openly does not utilize such concepts.
- Predefined SL – Every trade opened by GoldNova EA has a predetermined Stop Loss, aimed at limiting unexpected trading risks.
- Avoidance of High-Risk Strategies – The EA clearly avoids certain trading methods frequently considered risky or speculative, such as:
- No Martingale strategies
- No grid trading
- No opening positions without SL
Please test in a demo account for at least a week first. Then, please familiarize yourself with and understand how Nova Robot works and only use it in a real account.
Recommendations for Gold MT4 EA
- Minimum account balance of
- 1000$ for Strategy 1
- 2000$ for Strategy 2
- 3000$ for Strategy 3
- Works best on XAUUSD. (Work on any Pair)
- Work best on M15 TimeFrame. (TimeFrame doesn’t matter)
- To reach stable results, the Nova EA should work on VPS without interruption. So we recommend running this Gold MT4 EA on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
- Low Spread account is also Recommended (Find the Perfect Broker For You Here)
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Conclusion
Gold Nova EA offers a combination of structured strategies and risk management for gold trading. It does not utilize risky methods like martingale or grid and provides traders with multiple settings to adjust risk levels. While it does not claim to be AI-driven, it aims to execute trades based on predefined logic. Traders interested in gold markets may find its adaptable stop loss system and strategy variety useful, but, as with any EA, its performance will depend on market conditions and proper settings.
Wonderful
does it trade for you ?
how often you get trades ?
thanx
test buoni , da tenere in considerazione
Does not open operations after 12/30/2024 in the backtest
there is an error message, it dosent find the supertrend, so there is something missing.