Noeva

PRODUCT DESCRIPTION

Trade EURUSD with a system that never stops watching your risk

Most automated systems are built around one question: when to enter. Noeva is built around a second one that matters just as much — what happens when the market moves against you.

Noeva Free is a fully automated Expert Advisor for EURUSD. It reads the market on two timeframes, waits for confirmation before committing, and then manages every position through a layered protection system that runs on every single tick.

No setup headaches. No sixty parameters to guess at. Attach it to a EURUSD M15 chart and it runs.

It waits for agreement before it acts

A single indicator is a single opinion. Noeva asks for a consensus.

Entries go through two independent stages. The first establishes market context — is there a real trend, and does it have genuine strength behind it? When the market is drifting without conviction, Noeva simply does not trade.

The second stage handles timing. Several independent measures must agree before a position opens, and the setup is validated against the higher timeframe so the EA never fights the bigger picture.

The result is an entry that has cleared multiple filters — not a single crossover fired in isolation.

Protection is the core, not an afterthought

This is where Noeva differs from most averaging systems on the market. Everything below is active from the first trade:

It stops reinforcing when conditions turn. If volatility suddenly spikes, or if the underlying trend flips against an open basket, the EA freezes and adds nothing more. It does not build exposure into a market that has gone wild, and it does not double down on a thesis the market has already rejected.

It caps what a bad run can cost. Two independent ceilings watch the floating loss — one on each basket, one on the account as a whole — and close the exposure before it deepens. Beyond a further threshold, new entries stop opening altogether until the account recovers.

And it refuses bad conditions outright. Margin limit, spread filter, news filter and an optional trading window keep the EA out of the market when the odds are against it.

Two of the three exits cannot close at a loss

Noeva closes positions three ways. Two of them are built so that closing at a loss is simply not possible.

The take profit adapts to current market volatility, and widens automatically when the entry signal was unusually strong. The trailing stop locks in gains once a basket has recovered — and it carries a hard floor: if the basket is not genuinely in profit, the trailing stop will not fire. Period.

Only the risk stops ever realise a loss, and that is exactly what they are there for.

Built to survive the real world

Every basket's state is written to disk and restored on restart. Close MetaTrader, reboot your machine, reconnect the next morning — Noeva picks up exactly where it left off, with its targets intact.

An on-chart panel shows you live status, current drawdown and basket levels, with an ON/OFF button to pause trading instantly without removing the EA.

TECHNICAL SPECIFICATIONS

SETTINGS

Thirteen parameters, grouped and labelled in plain English:

Trading — lot size, magic number, order comment Risk management — per-basket stop, total exposure stop Broker — maximum spread, maximum slippage Features — trailing stop, news filter, information panel Trading hours — optional session window with start and end hours

The strategy core is locked so the EA always runs the way it was designed to.

GETTING STARTED

1. Attach the EA to a EURUSD M15 chart
2. Enable algorithmic trading in MetaTrader
3. Set your magic number if you run other EAs
4. Leave the remaining defaults unless your broker requires otherwise

IMPORTANT NOTICE

Noeva uses position averaging. When a trade moves against it, the EA opens additional positions to improve the average entry price. This approach can recover from adverse moves, but it also increases exposure while a position is losing. Drawdowns can be significant.

Every protection layer described above exists precisely because of this. They limit the risk — they do not eliminate it.

Trade on a demo account first. Use capital you can afford to lose. Past behaviour, in testing or in live conditions, does not guarantee future results.

Noeva Free — created by Loris Gonzalez Garcia