Manual: Signova Desktop

Signova Desktop

This is the user manual for Signova Desktop, the standalone Windows application. It runs without MetaTrader and is not sold on the MQL5 Market - you can find it on our website via our profile, then download and install it directly, as described below.

Signova is also available as an Expert Advisor for MetaTrader 4 and 5 on the MQL5 Market.

• The manual for Signova EA is available here.

Quick start

Download

You can download Signova here. With it, you can install the Signova standalone Windows application. MetaTrader does not need to be installed, but you do need a MetaTrader account from a broker.

Installation

Once the download is complete, you'll have a ZIP file named Signova Desktop. Locate it in your downloads folder and open it to view its contents.

Inside the archive, run the Install Signova Desktop script to begin the installation.

When you start the installer directly from the ZIP, Windows shows a Compressed (zipped) Folders notice. Simply click Run to continue, as shown below. Alternatively, you can extract all files in advance and then start Install Signova Desktop from the extracted folder. Note that this step may look slightly different if you open the archive with a third-party tool such as WinZip or WinRAR.

Because the installer script is not digitally signed, Windows displays an Open File - Security Warning that lists the publisher as Unknown Publisher. This is expected, so click Run to proceed. If you'd like to check the file beforehand, use the Verify Publisher shortcut included in the archive.

The Signova Setup wizard then opens. Click Next and follow the on-screen steps to complete the installation.

Application start

After installation you can find Signova in your Windows Start menu or directly on your desktop as a shortcut.

User profile

To use Signova you need an FEA Trading user profile. You can conveniently create this within the application itself. Please log in with an existing account, use the Create new profile option to create a profile, or the Reset password dialogue if you need a new password.

Trading account

Signova can currently be used with MetaTrader 4 and MetaTrader 5 trading accounts. Please select the correct platform and enter your trading account details. These are the same credentials you would use to log in to MetaTrader.

Home screen

The first time you connect to a new server, a short note appears. As it explains, Signova can run without MetaTrader being actively managed by you, so you do not have to keep MetaTrader open in parallel. If you do want to follow the trades, view the charts, and so on, just connect any MetaTrader to the same trading account. You can use the desktop or mobile MetaTrader variant to inspect, modify, or close the trades Signova makes.

Once you close the note, the home screen appears.

On the left side you'll find the account equity indicator. Because Signova follows strict risk and money management, each Signova version requires a minimum account equity. Below that minimum, trading cannot start, because proper risk and money management cannot be ensured. Between the minimum and optimum values everything is fine, and above the optimum the risk management is very robust.

Use the Trading switch to enable or disable trading at any time. Below it you'll find links for disconnecting from your trading account and managing your subscription.

To learn what the buttons at the top do, see the Configuration (see further down) chapter.

Need help?

If you have any questions or need help, our support team is happy to assist.

Contact support

Uninstall

There are several common ways to uninstall Signova on Windows:

Via the Start menu (easiest):
Open the Windows Start menu, find Signova in the app list, right-click it, and select Uninstall.

Via Windows Settings:
Go to Settings > Apps > Installed apps (on Windows 11) or Settings > Apps > Apps & features (on Windows 10), locate Signova in the list, click it, and choose Uninstall.

Via the Control Panel:
Open the Control Panel and go to Programs > Programs and Features, select Signova from the list, and click Uninstall.

Any of these methods will completely remove the application from your computer.

Configuration

Signova is intentionally kept as simple as possible and only exposes the bare minimum of settings that are safe to adjust. As already mentioned, the default values are already ideal. However, if you wish, you can adjust certain aspects of the trading system.

The following buttons are available in the menu bar:

• Symbols settings (see further down)

• Risk settings (see further down)

• General settings (see further down)

• Trade activity (see further down)

• User profile (see further down)

Symbols settings

Signova trades a list of forex symbols on your behalf. The symbol settings let you decide, for each symbol, whether trading is allowed and in which direction.

Every symbol available for your subscription tier is listed with two switches:

• Long: allow Signova to open buy trades for this symbol.

• Short: allow Signova to open sell trades for this symbol.

Both switches are enabled by default. Turn one off to block new trades in that direction, or turn both off to disable the symbol completely. These settings only affect new trades. Positions that are already open are never closed by changing a switch.

The list of available symbols depends on your subscription tier: higher tiers (Light - Standard - Premium) unlock more symbols for greater diversification.

After making changes, click Save to apply them. The indicator at the top shows Unsaved changes until you save, then Saved. Whenever a trade is skipped because of these switches, the reason is recorded in the Trade activity (see further down) log.

Risk settings

Signova takes care of risk and money management for you, and its default values are already well-balanced. If you wish, the risk settings let you fine-tune how much each trade risks and how many trades may run at the same time.

Risk level

A slider from MIN to 250%, set to 100% by default. The standard risk per trade is 0.4-0.8% of your account equity, and this slider scales that level. For example, 200% roughly doubles it to 0.8-1.6%, while 50% halves it. MIN always uses your broker's smallest possible volume (0.01 lots). On smaller accounts the actual risk can be slightly higher than the percentage suggests, because the broker's minimum volume of 0.01 lots cannot be undercut.

Maximum volume per trade

Off by default. When enabled, it caps the volume of any single trade to the value you enter (in lots). This is only an upper limit and never forces a larger trade: if risk and money management calculate a smaller volume, that smaller volume is used. It simply prevents any trade from exceeding your limit.

Maximum trades per symbol

The maximum number of open positions allowed for a single symbol. Once the limit is reached, new trades for that symbol are skipped until a position closes. Set it to 0 for unlimited (the default).

Maximum trades total

The maximum number of open positions across all symbols combined. New trades are skipped once this limit is reached. Set it to 0 for unlimited (the default).

Click Save to apply your changes, or Reset to default to return every risk setting to its recommended value.

Trade activity

The trade activity log is your complete, transparent record of everything Signova does. Every time a trade is opened, modified, closed, or skipped, it is logged here together with the reason.

Entries are grouped by day (Today, Yesterday, then by date), and each one is tagged with one of four action types:

• OPEN: a new trade was opened.

• CLOSE: a trade was closed.

• MODIFY: an open trade was adjusted (for example, its stop loss or take profit was moved).

• SKIPPED: a possible trade was deliberately not taken.

Each entry shows the time, the symbol, the direction (buy or sell), the volume, and the price. For opened trades it also shows the ticket number and the stop loss (SL) and take profit (TP); for skipped or failed trades it shows the reason instead.

Use the buttons at the top to choose a time range (Last 3 days, Last 3 weeks, Last 3 months, or All time), and toggle the OPEN, CLOSE, MODIFY, and SKIPPED chips to show or hide each type. The log updates live as new activity happens.

If a trade was skipped, the most common reasons are:

• the symbol is not part of your subscription tier,

• trading is currently disabled,

• your balance is below the minimum for your tier,

• the long or short direction is disabled for that symbol in your symbol settings (see further up),

• the maximum number of trades per symbol or in total has been reached.

This makes it easy to understand exactly why a trade was, or was not, opened on your account.

General settings

The general settings control how the Signova application itself behaves on your computer.

Start with Windows

Off by default. When enabled, Signova launches automatically every time you start Windows, which is convenient if you want it running at all times.

Minimize to system tray

On by default. When enabled, closing the window does not quit Signova; it keeps running in the background, with its icon in the Windows system tray (bottom-right, near the clock). Right-click the tray icon to reopen the window or to quit the application completely. This helps you avoid accidentally stopping your trading by simply closing the window.

Trading state when connected

On by default. When enabled, trading starts automatically after every successful connection to your trading account. When disabled, trading stays paused after each connection until you switch it on manually with the Trading switch on the home screen.

Click Save to apply your changes.

User profile

The user profile area shows which FEA Trading profile you are currently signed in with.

It displays the email address of the FEA Trading profile you are logged in as, along with a short note.

To switch to a different user profile, disconnect from your trading account first. For safety, the profile cannot be changed while a trading account is connected; once you have disconnected, you can log out and sign in with another profile.

Your subscription is linked to this profile. You can review, upgrade, downgrade, or cancel your plan at any time using the Manage subscription option, which opens your account area on our website in your browser.