
Description
The Gold SuperNova EA is an adaptive grid trading Expert Advisor designed exclusively for gold (XAUUSD) on MetaTrader 5. It combines multi-timeframe market analysis, volatility-based grid spacing, staged hedging, and recovery logic to manage trading baskets automatically. ⚠️ It uses martingale-style lot progression and carries a high risk of substantial drawdown and capital loss.
Key Features
- Multi-timeframe market analysis using M1, M5, and M15.
- Adaptive grid spacing based on volatility and grid depth.
- Staged partial hedging and reversal-based recovery.
- Basket trailing to manage profitable baskets.
- Built-in high-impact USD news filter using the MT5 economic calendar.
- Trading session controls and Friday restrictions.
- Fixed lot and balance-based lot sizing options.
- Animated dashboard with exposure, equity, margin, and trading controls.
Recommended Settings
- Trading Pair: XAUUSD (Gold), including broker suffixes.
- Analysis Timeframes: M1, M5, and M15.
- Platform: MetaTrader 5 (MT5).
- Account: Cent account with low-spread, swap-free Raw ECN conditions.
- Leverage: 1:2000 or higher, as recommended by the product specification.
- Minimum Stated Funding: 20,000 USC (approximately $200) for 0.01 lot at default settings; this does not guarantee sufficient margin in all market conditions.
- VPS: Recommended for continuous operation.
- Risk: Start with demo testing and carefully review lot sizing and drawdown exposure.
Advantages
- Automates grid execution and basket management.
- Adjusts grid spacing according to volatility and depth.
- Includes staged hedge protection and stress-risk checks.
- Provides an integrated economic calendar news filter.
- Offers dashboard monitoring and manual trading controls.
Disadvantages
- Martingale-style lot progression can increase exposure and drawdown.
- No fixed stop loss is applied to every individual trade.
- Prolonged one-directional gold movements may challenge recovery logic.
- Spreads, commissions, slippage, and margin requirements can affect results.
- Netting accounts are not supported.
Risk Disclaimer: The Gold SuperNova EA is a high-risk automated trading system. Backtest results, if available, do not guarantee future performance. Use only capital you can afford to lose completely and evaluate the EA on a demo or cent account before considering live trading.
Support & Disclaimer
Support:
If you need help installing or Downloading or configuring your EA , or face any kind of bug, feel free to reach out on:
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.
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