Nordaven EURCAD
- Experts
- Version: 1.2
- Activations: 15
NORDAVEN EURCAD H1
Three views of EURCAD, one consistent execution approach. NORDAVEN is the Emixo Expert Advisor for MetaTrader 5 that brings together three modules with distinct EURCAD signals. H1 is the reference timeframe: a configurable portfolio with fixed volumes and separate management of each module's trades.
The trading approach
The first module combines a low-volatility filter with a moving-average crossing. The second uses Bollinger Bands and standard deviation; the third follows a moving-average countertrend approach. Each module retains its own entry and exit criteria. The second and third can also close on an opposite signal.
Calculations remain on H1 and use the chart symbol, including any broker suffix. With the base volume of 0.01, the three modules request 0.01, 0.01 and 0.02 lots respectively, using fixed weights of 1/1/2.
What NORDAVEN offers
- Three modules in one EA: distinct entry approaches, with independent switches for new entries.
- Clear position sizing: one base volume and fixed weights make each module's intended exposure easy to understand.
- Continuity of management: close requests remain subject to reconciliation until their outcome can be verified; disabling new entries leaves existing positions under management.
- Separate identities: three distinct Magic Numbers and ownership checks support coexistence with other strategies when unique assignments are used on the account.
Your settings
The nine inputs cover the panel, base volume, spread filter, three new-entry switches and three Magic Numbers. Hiding the panel leaves trade management active. The spread filter defaults to 50 broker points; points and pips are different units. A value of 0 disables this filter.
The original Magic Numbers are 2240, 2250 and 2260. Custom configurations can use distinct identifiers in the reserved 30013000–30013999 range. Preserve the same identifiers while positions or requests still need management.
Reference setup
- MetaTrader 5 with a Hedging account.
- Your broker's EURCAD symbol, with H1 as the recommended chart.
- Base_Lots 0.01; all three modules enabled; Max_Spread 50.
- Volumes compatible with the contract's minimum, maximum, step, aggregate limits and margin.
The modules can hold exposure simultaneously. The original stop distances are wide, so assess the base volume alongside combined risk and the other strategies on the account. Spread, commission, swap and execution conditions affect the outcome.
Evaluate your broker's contract
Use the Tester and a demo account to assess the actual contract, costs and behavior of your chosen configuration. Read historical reports together with their version, preset, period and data quality. Experimental research materials are separate from the product configuration.
Getting started
Install the EA in MetaTrader 5, attach it to the correct symbol and check the nine inputs. Enable trading permissions for the terminal, EA and account; keep connectivity, quotes and H1 history available. Ordinary use requires one EX5: source dependencies are embedded.
Consult the guide for restarts, manual or partial closes and operation alongside other EAs. Trading involves risk of loss; historical results do not guarantee future results.
