Description
Nova Vision EA V1.0 MT5: A Powerful Forex Trading Assistant💫💫
The bot, called Nova Vision, is a cutting-edge, innovative, next-generation tool designed for successful Forex trading. It has high efficiency and unique capabilities that make it an indispensable assistant for traders. The Nova Vision bot has multifunctional capabilities and supports working with a wide range of currency pairs. It is specifically tailored to work with the Forex markets, providing traders with flexibility and versatility in choosing trading assets.
Recommended Settings
- Minimum Deposit: $500
- Timeframe: H1 (1-hour chart)
- Currency Pairs: EURUSD, AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDSGD
Key Features
- Precision Entry and Exit Points: Nova Vision identifies optimal entry and exit points based on technical analysis, price patterns, and market trends.
- Risk Management: The EA employs smart risk management techniques, adjusting position sizes and stop-loss levels to protect your capital.
- Dynamic Stop-Loss and Take-Profit: Nova Vision adapts its stop-loss and take-profit levels dynamically, responding to changing market conditions.
- Multi-Currency Capability: By trading multiple currency pairs, Nova Vision diversifies risk and capitalizes on various market opportunities.
Strategy
Nova Vision EA V1.0 MT5 follows a trend-following strategy:
- Moving Averages (MA): The EA utilizes moving averages to identify trend direction. When the shorter-term MA crosses above the longer-term MA, it signals a potential uptrend (buy). Conversely, a cross below indicates a potential downtrend (sell).
- RSI (Relative Strength Index): Nova Vision uses RSI to gauge overbought or oversold conditions. It enters trades when RSI confirms the prevailing trend.
- Price Action Patterns: The EA recognizes candlestick patterns (such as engulfing, hammers, and dojis) to validate entry signals.
- Trailing Stop: Nova Vision employs a trailing stop to lock in profits as the trade moves favorably.
Risk management options:
- Lot: Trading lot size for each trade. A fixed size may be specified or automatic calculation may be used.
- RiskOn: Activates or deactivates risk management. When set to “true”, the bot uses risk management to determine the lot size.
- Risk: Sets the risk percentage of the current balance or available funds balance.
Remember, trading involves risk, and past performance is not indicative of our future results. This bot could be your ticket to success–so trade wisely and soar in the Forex world!
Stay Updated
Join our Telegram group :YoForexPremium for real-time settings, support, and discussions.
Visit our website https://www.yoforex.org/ for additional resources and insights.
Additional Resources
Instant Download : https://yoforex.org/product/nova-vision-ea-v1-0-mt5/
Contact : @yoforexpremium
Reviews
There are no reviews yet.