Nova ALG Trader

Nova ALG Trader is a fully automated Expert Advisor built around the Alligator indicator framework, designed with a different philosophy than many single-purpose trading systems.

Instead of enforcing one predefined trading style, the system is structured to give users control over how trades are filtered, managed and executed, allowing the same core logic to adapt to different trading approaches.

The Nova approach

Many automated trading systems are designed to operate in one specific way, with limited configuration and fixed assumptions about market behavior.

Nova ALG Trader is built around the opposite idea: a transparent rule-based core combined with extensive configuration options, allowing traders to decide how the system behaves rather than relying on hidden logic.

The Expert Advisor does not attempt to predict markets or adapt autonomously. All decisions are derived from clearly defined rules and user-controlled parameters.

Core trading logic

The system uses the Alligator indicator to evaluate market structure through the relationship of smoothed moving averages. These relationships are used to identify directional phases and to filter out periods where structure is unclear.

Trades are considered only when internal alignment conditions are met. When conditions are not valid, the Expert Advisor remains inactive.

This behavior allows the system to focus on structured trend phases rather than reacting to isolated price movements.

Configuration and flexibility

Nova ALG Trader exposes a wide range of input parameters that control entry filters, trade management and risk behavior.

This allows the same Expert Advisor to be configured for different objectives, such as:

  • Lower-frequency trend participation
  • Moderate, balanced trading activity
  • Higher activity with tighter trade management rules

Predefined presets are included to simplify initial setup, while advanced users can fully customize behavior through manual configuration.

Trade management

Once a position is opened, all trade handling follows deterministic rules defined by the selected settings.

The system supports stop loss, take profit and optional trailing stop functionality.

No grid trading, martingale, averaging-down or recovery mechanisms are used. Each trade is evaluated independently.

Risk and execution

Position sizing is defined by user inputs. The Expert Advisor does not modify trade volume based on previous trade results.

Overall risk exposure depends on account size, leverage, symbol characteristics and configuration choices.

Supported instruments and timeframes

Nova ALG Trader can be applied to various instruments offered by the broker, including forex pairs, cryptocurrencies and CFD instruments with sufficient liquidity.

The system supports multiple timeframes. Higher timeframes may be used for broader trend evaluation, while intermediate timeframes can provide more frequent trade opportunities.

Transparency and evaluation

The Expert Advisor uses only standard MetaTrader indicators and internal calculations. No external data sources or remote connections are involved.

All trading behavior can be observed directly on the chart and evaluated using the MetaTrader Strategy Tester.

Who this system is for

Nova ALG Trader is intended for traders who:

  • Prefer structured, rule-based execution
  • Value configuration freedom over fixed behavior
  • Want to adapt a system to their own risk preferences

The Expert Advisor is not designed as a single-purpose or fully self-directing system.

Important information

Automated trading involves risk, and market conditions may change over time. Past behavior observed during testing does not guarantee future outcomes.

Nova ALG Trader provides a configurable framework for trend-based execution, but results depend on market conditions, broker environment and user-defined settings.

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MQL TOOLS SL
4.42 (69)
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Kalinskie Gilliam
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Nova MFI Scalper — Momentum-Flow Precision System Nova MFI Scalper integrates advanced volume-weighted momentum analytics directly into MT5. By interpreting the subtle interplay of accumulation and distribution, it identifies zones where market intent is strongest, filtering out fleeting, low-conviction movements. Unlike standard oscillators or over-engineered black-box systems, Nova MFI Scalper operates on a structurally disciplined framework — ensuring every signal is backed by layered validat
Nova FI Trader gives you an edge in volatile markets using the proven power of the Force Index indicator. Developed by renowned trader Alexander Elder, the Force Index uniquely blends price action, volume, and momentum into one powerful signal. This Expert Advisor brings that concept to life through a responsive, scalping-friendly strategy. Whether you're targeting quick moves or adapting to broader trends, Nova FI Trader is built to offer precision and control in fast-moving markets. Why trader
Nova ST Trader — Stochastic Momentum Precision System Nova ST Trader is built around one of the most time-tested momentum indicators — the Stochastic Oscillator , developed by George C. Lane. This oscillator excels at pinpointing overbought and oversold conditions, allowing traders to anticipate turning points before they become obvious to the broader market. Unlike lagging or overcomplicated systems, Nova ST Trader converts raw Stochastic signals into a structured, risk-conscious trading framew
Nova DC Trader is built around a precision-based breakout model that capitalizes on price compression and expansion. By identifying dynamic consolidation phases and clean directional moves, this Expert Advisor turns controlled price action into consistent opportunity. Rather than chasing volatility or relying on lagging signals, Nova DC Trader focuses on structure, timing, and risk-managed execution. It’s engineered for traders who value logic over luck — a tool that respects market context and
Nova RVI Trader is built upon the principles of the Relative Vigor Index — an indicator that measures the conviction behind price movements by comparing closing and opening prices relative to recent trading ranges. This often-overlooked oscillator excels at identifying true directional momentum and potential reversals before they become obvious to the broader market. With Nova RVI Trader , the raw insights of the RVI are transformed into a streamlined and logic-driven trading system. The EA pati
Nova ENV Trader is built on the foundation of a classic trend-following tool — the Envelopes indicator. By placing upper and lower bands around a moving average, Envelopes help traders identify optimal entry zones when price deviates too far from its baseline, signaling potential reversion or continuation setups with clarity. This Expert Advisor takes the simplicity of the Envelopes concept and refines it into a dynamic trading system. It seeks to capitalize on price movement toward the mean, wh
Nova DEM Trader — Exhaustion & Reversal Precision System Nova DEM Trader leverages the analytical depth of the DeMarker (DEM) indicator — a refined momentum tool developed by Tom DeMark. By comparing recent highs and lows, the system identifies early signs of price exhaustion, allowing it to detect potential turning points before they become obvious to the broader market. Unlike lagging oscillators or aggressive recovery systems, Nova DEM Trader operates on a structured, rule-based reversal fram
Nova AO Trader is built on the core principles of market momentum and acceleration, leveraging the power of the Awesome Oscillator to identify high-probability turning points with clarity and speed. This Expert Advisor transforms raw histogram signals into structured, risk-managed trades — removing hesitation and emotion from momentum trading. Rather than relying on outdated moving averages or lagging filters, Nova AO Trader cuts straight to the core of directional energy. It’s engineered to det
Nova VID Trader is powered by the Variable Index Dynamic Average (VIDYA) — a smart, adaptive moving average that responds to market conditions in real time. This Expert Advisor leverages the strength of adaptive smoothing to follow trends when they’re strong and step aside when noise dominates. Unlike traditional MAs that lag or overshoot, Nova VID Trader uses dynamic volatility weighting to adjust its sensitivity — allowing it to ride trends earlier and exit with discipline. The result is a sm
Nova ICH Trader is built on the timeless power of the Ichimoku Kinko Hyo system — reengineered into a fully automated trading solution that understands trend, momentum, and equilibrium in one cohesive framework. This Expert Advisor doesn’t just follow price — it interprets structure, space, and sentiment with precision. By analyzing cloud dynamics, crossovers, and distance from equilibrium, Nova ICH Trader identifies high-probability opportunities where trend and timing align. It enters with cla
Nova BB Trader is built around the foundational power of Bollinger Bands , transforming this classic volatility indicator into a modern, automated trading system. By analyzing price behavior relative to upper and lower bands, this Expert Advisor seeks to capture both breakout moves and mean reversion setups — depending on context. Nova BB Trader intelligently reads band width, price interaction, and momentum cues to determine whether volatility is likely to expand or contract. It avoids chasing
Nova ADX Trader is built around the proven strength of the Average Directional Index (ADX) — a trend strength indicator trusted by professionals for decades. Rather than guessing momentum, this Expert Advisor measures it directly, trading only when the market shows conviction and clarity. By combining ADX readings with directional filters, Nova ADX Trader avoids weak, indecisive conditions and focuses exclusively on high-quality, directional setups. It enters only when trend strength exceeds key
Nova WDX Trader — Structural Momentum Intelligence System While many automated strategies rely on over-optimized backtests , cent-account demonstrations , or aggressive exposure models , Nova WDX Trader is designed around a disciplined structural framework intended for real-market conditions. The system prioritizes execution stability, controlled exposure, and internal consistency — avoiding artificial performance amplification and unsustainable risk behavior commonly found in retail automation.
Nova TRX Trader is built around the power of Triple Exponential Moving Average (TRIX) — a momentum oscillator that smooths out market noise to reveal genuine directional bias. This Expert Advisor uses TRIX’s unique smoothing capabilities to avoid false signals and detect only the strongest shifts in trend. Rather than overreacting to every flicker of volatility, Nova TRX Trader focuses on sustained momentum changes — combining TRIX crossovers, slope analysis, and optional trend filters to delive
Nova OSM Trader harnesses the analytical strength of OsMA (Moving Average of Oscillator) — a hybrid momentum indicator that captures shifts in market sentiment through the convergence and divergence of moving averages. By reading the pulse of price momentum beneath the surface, this EA identifies optimal trade zones with precision and clarity. Nova OSM Trader focuses on moments when momentum builds or fades in sync with price structure. Rather than reacting to random fluctuations, it evaluates b
Nova CCI Trader is a precision-built Expert Advisor powered by the Commodity Channel Index (CCI) — a versatile oscillator designed to uncover market cycles, overbought/oversold conditions, and hidden momentum shifts. This EA transforms CCI’s raw potential into a disciplined strategy for swing and trend-following traders alike. Rather than acting on noise or arbitrary crossovers, Nova CCI Trader uses multi-layered logic to confirm directional bias, detect market imbalances, and time entries with
Nova CHK Trader is engineered around the Chaikin Oscillator , a volume-weighted indicator that combines price action with money flow dynamics. By tapping into the relationship between accumulation, distribution, and price momentum, this EA identifies moments when institutional interest aligns with breakout potential. Nova CHK Trader doesn’t chase volatility — it reads the market’s underlying intent. With logic built around Chaikin momentum shifts, it pinpoints early directional cues and confirms
Nova CBO Trader is built on a clean and tactical Candle Breakout strategy — a method that captures price expansion following key consolidation candles. By identifying structured pauses in price and trading the break, this EA focuses on momentum with discipline, not guesswork. Whether it's inside bars, narrow ranges, or volatility compressions, Nova CBO Trader monitors price structure in real time and strikes when price decisively breaks out — with built-in filters to avoid false moves and noise.
Nova SAR Trader is a focused, trend-following Expert Advisor built around the classic Parabolic SAR indicator — streamlined into a modern trading engine for disciplined, directional execution. Rather than reacting impulsively to every shift, this EA applies structure and context to its entries, filtering out noise and isolating high-quality momentum moves. Whether you're trading trending markets or ranging phases with breakout potential, Nova SAR Trader adapts to changing conditions while mainta
Nova WPR Trader is a precision reversal Expert Advisor powered by the Williams %R indicator — re-engineered to identify momentum exhaustion and deliver clean, calculated entries at market turning points. Whether the market is overextended or caught in a range, this EA is designed to time reversals with structure, not guesswork. Rather than reacting to every overbought or oversold signal, Nova WPR Trader filters entries through layered confirmation, ensuring you only engage when conditions truly
Nova MAC Trader is a precision-engineered Expert Advisor built on the synergy between MACD and EMA — combining momentum and trend strength to deliver reliable, rule-based trade setups. Instead of reacting to noise, it waits for alignment between moving average crossovers and MACD momentum shifts, ensuring entries are clean, decisive, and intentional. Nova MAC Trader thrives in both trending and transitional environments, filtering out false signals and focusing on high-conviction trades. It’s
Nova SMA Trader is a disciplined trend-following Expert Advisor based on the classic Simple Moving Average (SMA) — a time-tested tool for capturing directional momentum with clarity and consistency. While many chase complex indicators, this EA thrives on the power of simplicity, waiting for clean crossovers and price confirmations before taking action. Designed for traders who believe in the strength of structured trend logic, Nova SMA Trader avoids noisy signals and overfitting. Its trading dec
Nova RSW Trader is a contrarian-style Expert Advisor designed around the Reverse Sweep concept — identifying overextended market moves and targeting structured reversals with precision. Instead of following the herd, Nova RSW Trader waits for exhaustion, imbalance, and specific technical triggers before entering trades that seek to fade extremes and capitalize on mean reversion. This EA is built for traders who understand that price doesn’t move in straight lines forever. With strict conditions
Nova BBO Trader is a breakout-focused Expert Advisor built around the Box Breakout strategy — identifying key consolidation zones where price contracts into tight ranges before explosive moves. By detecting these “boxes” and waiting for clean, decisive breaks, this EA seeks to capitalize on the momentum that follows. Perfect for traders who want to automate a classic price action pattern, Nova BBO Trader offers clear, rule-based entries with disciplined risk control and trade management. It avo
Nova DCA Trader is an Expert Advisor designed to manage trades using the Dollar-Cost Averaging (DCA) strategy, allowing for controlled position scaling during trending or volatile markets. By averaging into positions at predefined levels, this EA aims to improve entry price and maximize profit potential while managing risk carefully. Unlike reckless grid or martingale systems, Nova DCA Trader employs strict rules for scaling and exit management, ensuring that each additional position aligns with
Nova AMA Trader is a refined trend-capturing Expert Advisor built around the Adaptive Moving Average (AMA) — a dynamic indicator that adjusts to market conditions in real time. Unlike static averages that lag or misfire in choppy markets, Nova AMA Trader adapts with precision, allowing it to capture meaningful trends while avoiding false signals. This EA is engineered for traders who prefer intelligent automation over brute-force trading. By aligning with market momentum while minimizing noise,
Nova SD Trader   is designed to exploit volatility extremes using the foundational concept of Standard Deviation — not as a passive indicator, but as an active filter for controlled opportunity. This Expert Advisor monitors volatility expansion and contraction to enter trades when the market strays too far from its statistical norm. Instead of chasing randomness or reacting late, Nova SD Trader anticipates moments when price is likely to revert, stabilize, or explode — offering a robust framewor
Nova BER Trader is a disciplined trading system built around the Bears Power indicator — turning raw market pressure into clear, rules-based decisions. It transforms a classic oscillator into a fully automated approach that thrives on momentum shifts and bearish control. Instead of chasing noise or shallow moves, Nova BER Trader looks for genuine downside pressure — moments when sellers take command and the market structure confirms it. By respecting both strength and timing, it avoids false sig
Nova BUL Trader is a precision trading system powered by the Bulls Power indicator — capturing the moments when buying strength pushes markets higher with conviction. It transforms this classic oscillator into a disciplined, automated strategy that filters out weak signals and focuses only on genuine upward momentum. Rather than reacting to every minor tick, Nova BUL Trader waits for the right alignment — when bullish energy breaks through resistance and confirms a true shift in control. This wa
Nova OBV Trader is an advanced automation of the On-Balance Volume (OBV) indicator — turning raw volume dynamics into actionable trade signals. It builds on this classic momentum tool to identify when price moves are backed by real participation, not just empty fluctuations. Instead of reacting to shallow spikes or fake rallies, Nova OBV Trader focuses on the deeper flow of market pressure. When price aligns with volume, it acts decisively. When the confirmation is absent, it waits with discipli
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