Question 1

What is the main strategy of Nova EA?

Accepted Answer

Nova EA uses a Daily Breakout strategy on the Germany 40 (DAX) index, executing only one main trade per day with wide profit targets.

Question 2

Which market does this EA trade?

Accepted Answer

It is specially designed for the Germany 40 Index (DAX) and performs best during high-volatility sessions.

Question 3

Is Nova EA safe to use?

Accepted Answer

Yes. It includes fixed Stop Loss, wide Take Profit, and an optional Recovery Mode to help manage losing trades. However, it uses 5% risk per trade, which is considered moderate to high risk.

Question 4

How many trades does it open per day?

Accepted Answer

The EA typically opens only one main trade per day. It can optionally add up to 3 additional trades when Additional Trades Mode is enabled.

Question 5

Does it use Grid or Martingale?

Accepted Answer

No. Nova EA completely avoids Grid and Martingale strategies. It focuses on clean breakout entries with controlled risk.

Question 6

What is Recovery Mode and should I use it?

Accepted Answer

Recovery Mode (Aurum Mode) allows the EA to add recovery trades over up to 3 days when a position goes against you. It is optional and recommended for more experienced users.

Question 7

What time does the EA trade?

Accepted Answer

It trades during the most active hours, roughly between 8:20 – 17:59 (London and New York session overlap) and closes all positions by the end of the day.

Question 8

Is it difficult to set up?

Accepted Answer

No. Nova EA comes with ready-to-use settings. You can easily enable or disable Recovery Mode and Additional Trades Mode according to your preference.

Nova EA MT5Premium

Before You Start