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
Recommendations
- 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.