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SUPERNOVA ELITE, Forex Expert Advisors MT4


SUPERNOVA ELITE is an indicator-free multi-currency Forex Expert Advisor with four trading strategies. When setting a currency pair on the chart, the Expert Advisor opens two pending orders at a specified distance from the price and modifies them after the price after the time specified in the parameters. The type of pending orders is set in the Expert Advisor parameters.

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The Expert Advisor does not use stop loss, all trades are closed by trailing stop or take profit. To protect the deposit, there is a function of limiting the drawdown of the deposit, at which the Expert Advisor closes all or part of the orders, depending on the input parameters.

The function of enabling/disabling multi-currency trading allows you to reduce the load on the deposit. If the Expert Advisor is installed on several currency pairs at once and the MultiTrades = false parameter, then as soon as a market order appears on one of the financial instruments, the Expert Advisor will immediately delete all unused pending orders and will only work on the currency pair on which the order was triggered. Recommended currency pairs for the EA: EURUSD, USDJPY, GBPUSD, USDCHF, EURJPY, USDCAD, AUDUSD. To work, you need a VPS server.

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Monitoring the work of the Expert Advisor:


  • LongsPosition – allow the Expert Advisor to open long positions;
  • ShortsPosition – allow the Expert Advisor to open short positions;
  • MultiTrades – enable / disable multi-currency trading mode;
  • TypeOrder – type of pending orders, STOP or LIMIT;
  • AutoDigits – enable / disable automatic recalculation of parameters for 3-5 sign quotes;
  • BalanceRisk-calculation of the trading lot from the balance/free margin;
  • FirstLots – the initial trading lot, if the BalanceRisk parameter = 0;
  • TakeProfit – take profit in points;
  • OrdersIndent – the offset of pending orders from the current price, set in points;
  • TimerModify-timer for modifying pending orders, set in seconds;
  • MagicNum – magic number for orders;
  • maxAttempts – maximum number of attempts to open an order;
  • DelaySeconds – pause in seconds between attempts to open an order;
  • Slippage – maximum price slippage;
  • GridStepOrders – the step of opening the order grid;
  • StepMultiplier-multiplier of the order grid opening step; if = 1, then the step is fixed ;
  • LotsMultiplier – lot multiplier for the order grid; if = 1, then the lot is fixed;
  • Piramiding – enable / disable the function of applying piramiding orders;
  • StepPiramid-step of the order pyramid;
  • BreakevenPiramid-breakeven step for the order pyramid;
  • TrailingStopGrid – trailing stop for the order grid;
  • TrailingStepGrid – trailing step for the order grid;
  • TrailinglStopPiramid-trailing stop for the order pyramid;
  • TrailinglStepPiramid – trailing step for the order pyramid;
  • RiskControl – enable / disable the risk control function;
  • MaxDrawdown – maximum drawdown, set as a percentage of the deposit;
  • SizeClosing – partial closing of the order volume; if = 100, then close all orders.;
  • ShowInfo – show / hide trade information;
  • textColor – the color of the text of the output information.


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