Dark Nova EA Review: MT4 vs MT5, Live Signal and Grid Risk

Dark Nova is Marco Solito’s configurable Forex reversal EA for AUDCAD, AUDNZD and NZDCAD. It combines indicator filters with basket targets and optional grid recovery. Its appeal is the range of controls and a long public account history; the main consideration is significant floating drawdown despite a smooth growth headline.

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• Developer source link: Dark Nova MT5 on MQL5
• Live signal link: Dark Nova 3 Pairs — MT4 account
• Manual: Official Dark Nova manual and platform-specific preset package

How the entry filters work

Bollinger Bands provide the central reversal idea, with moving averages, ADX, RSI and recent extremes available as confirmation. The manual also describes alternative band strategies and current-price versus closed-bar evaluation. More filters can reduce trade frequency; they do not eliminate false reversals when a currency cross trends persistently.

The manual’s ADX Reverse Rules explanation differs from the short product-page wording. Check the current input behaviour in a controlled test instead of relying on the switch name alone. Nova Smart Entry Timing is described as AI-inspired, but that label does not independently establish a predictive advantage.

Grid recovery changes the risk profile

The manual explicitly describes adding positions if the market moves against the initial trade. Fixed grid lots and escalating lot methods have different exposure paths; martingale can magnify a losing sequence. Separate switches determine whether additional grid orders must obey spread, indicator, time and weekday conditions. Disabling a filter for recovery orders can make the total behaviour quite different from the initial entry rule.

Basket targets are managed from the chart’s positions, with buy and sell groups handled separately. Monetary-loss settings and the option to stop the EA after a loss need deliberate configuration. A “risk” input should not be interpreted as a guarantee that the whole multi-position basket cannot lose more than that percentage.

Live signal check — 17 September 2026

Dark Nova 3 Pairs was an MT4 real account on Headway-Real, with 1:500 leverage. The live page showed 1,080.42% growth and 1,006 trades, but equity was $1,443.42 against a $2,211.42 balance: roughly $768 of floating loss, or 34.73% of balance. Historical relative equity drawdown was 38.68%. MQL5 had disabled new subscriptions because of current drawdown.

The page displayed 94 weeks of account history, while signal monitoring started on 30 May 2025. Those are different dates: earlier account history is not the same as continuous public monitoring. The initial deposit was $100 with another $750 deposited. Growth percentages are therefore not a simple comparison between today’s balance and the original deposit.

An average holding period of about two days also makes the word “scalping” incomplete as a description of exposure. A trader can still carry adverse positions for much longer than a quick entry suggests. This MT4 account is not a separate MT5 test, and past returns do not guarantee either edition’s future result.

Original gallery: historical results, not fresh validation

The developer’s gallery still shows a 681.32% growth snapshot. It is included as historical material rather than presented as today’s account. The AUDCAD M15 tester report covers February 2007 to May 2025 and carries a 99.90% modelling label, but it remains a developer simulation in an MT4-style report. Its relative drawdown is 27.08%; the smaller 18.77% figure elsewhere in the report is not interchangeable with it.

Historical growth and drawdown graphics

The ShowMyTrades-labelled images are developer-supplied snapshots; we did not independently verify a current account at that service. A separate generic collage of prop certificates was omitted because it does not establish that this particular EA produced those outcomes.

MT4 versus MT5 and practical setup

Both editions target the same three crosses on M15. MT4 fits an existing MetaTrader 4 workflow; MT5 requires the MT5 file and matching settings. The manual archive contains separate FIFO and JPY-base-account presets for each platform. The developer’s example uses default settings with its risk input changed, but that is not a recommendation to copy the example without assessing aggregate exposure.

The public manual recommends $1,000 minimum and no more than 0.01 lot per $1,000; its low-leverage 1:25 example uses $2,000. Check all three charts together because the currencies overlap. Keep the terminal or VPS running for EA-based management. The generic MQL5 installation guide concerns direct Market purchases; follow your order instructions for this standalone offer.

Friday exits and prop-account claims

Normal Friday closing takes profitable positions off and prevents new entries, while losing positions remain for recovery. Forced Friday closing is a separate setting that also closes losers. Know which is active before assuming weekend exposure has been removed. The listing’s FTMO-compatible wording is a developer claim, not confirmation that a specific configuration satisfies every current account rule.

Customer reviews: useful opinions, limited proof

MQL5 displayed four MT5 ratings at the check. One had no written comment; two gave brief praise, while the June 2026 reviewer explicitly said testing was only beginning. That last comment cannot substantiate a long-term performance conclusion. The listing also offers another EA in exchange for leaving feedback, which is relevant context when weighing the ratings.

Positive descriptions of low risk should be read alongside the current signal’s substantial floating loss. Customer experience can depend on settings, broker and observation period. Read the full MT5 customer feedback. No substantive MT4 review was visible, and these third-party ratings are not imported into CheaperForex verified-purchase scores.

Verdict

Dark Nova suits users prepared to inspect multi-pair exposure, test recovery settings and follow equity as closely as closed profit. The manual and visible account history make that assessment possible. The current drawdown restriction is material, so the EA should not be bought solely for its four-digit growth figure.

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