Nexorion Initium Novum EA V1.4 MT5

Introduction

Nexorion Initium Novum EA V1.4 MT5 is an automated Expert Advisor designed for MetaTrader 5. It trades XAUUSD using a combination of the author’s indicators, levels, and price action. The EA opens only one order at a time, always applies a stop loss and take profit, and avoids martingale or other high-risk methods. It is built for traders who want systematic execution on gold without constant manual monitoring.

Key Features

• Works exclusively on XAUUSD
• Runs on the M15 timeframe
• Maximum of 1 open order at a time
• Fixed Stop Loss of 1000 points
• Fixed Take Profit of 3000 points
• Risk-reward ratio of 1:3
• Based on indicators, levels, and price action
• No martingale or grid methods
• Stop Loss and Take Profit applied to every trade
• Compatible with any broker (low spread preferred)
• VPS highly recommended for stable operation

Recommended Settings

Pair: XAUUSD
Timeframe: M15
Stop Loss: 1000 points
Take Profit: 3000 points
Maximum open orders: 1
Recommended minimum deposit: $100 (better $500)
Leverage: 1:500 (or as provided by broker)
VPS: Strongly recommended

Advantages

• Clear single-order rule reduces over-exposure
• Mandatory Stop Loss and Take Profit on every position
• No martingale or dangerous recovery methods
• Fully automated once installed and enabled
• Focused on one liquid instrument (XAUUSD)
• Simple risk-reward structure (1:3)

Disadvantages

• Fixed point-based Stop Loss and Take Profit may not suit all market conditions
• Limited to XAUUSD only
• Requires a stable VPS for continuous running
• Results depend heavily on broker spreads and execution quality
• Exact indicator and level logic is not fully transparent
• Historical backtests do not guarantee future performance

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: Click here

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.