Expert Advisor MT4

Introduction Nova Algo EA is an algorithmic trading tool for MetaTrader 4 (MT4), designed to automate scalping and intraday strategies on forex pairs—particularly XAUUSD (Gold/USD). Version 3 fix, tested extensively from 2024–2025, emphasizes aggressive risk management and high-frequency trading. Unlike manual approaches, it executes trades 24/7 using predefined rules for entries, exits, and capital protection.