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ForexRova EA for MT4 – Low-Risk Gold Trading
ForexRova EA is a cutting-edge MT4 expert advisor for XAUUSD, combining advanced trend analysis, oscillator checks, and controlled martingale recovery.
Backtested and live-verified for steady growth and minimal risk.
The Download Package Includes:
+ Expert: ForexRova (.ex4 file) V3.21
+ How to Install files.pdf
+ Pairs and Timeframes.txt
More Information:
+ https://forexrova.com
Live Signal Performance:
+ https://www.myfxbook.com/members/Forexrova/
Instant Download
Original price was: $10,000.00.$149.95Current price is: $149.95.
What's Included
Introduction to ForexRova EA for MT4
The ForexRova EA is a powerful expert advisor designed for XAUUSD trading on the M30 timeframe. Built with precision and reliability in mind, it combines advanced technical analysis and strategic algorithms to navigate the complexities of the gold market. Whether you are a beginner or an experienced trader, ForexRova ensures a balanced approach to profit maximization and risk management.
Key Features of ForexRova EA
- Market Scanning and Trend Analysis:
- Detects market trends using a blend of price action and integrated indicators to ensure alignment with market momentum.
- Overbought/Oversold Oscillator Check:
- Evaluates market conditions to avoid trades during extreme price movements, ensuring precise entry timing.
- Bulls vs. Bears Power Analysis:
- Assesses market strength by analyzing Bull and Bear dominance, generating BUY signals when Bulls dominate and SELL signals when Bears take over.
- Risk Management with Stop Loss and Take Profit:
- Implements a favorable risk-reward ratio, with Take Profit set at twice the Stop Loss.
- Ensures single order management to limit market exposure.
- Light Martingale Recovery System:
- Employs a controlled martingale strategy for loss recovery, limiting risk with minimal position size increases.
- Built-in Global Stop Levels:
- Adds an extra layer of security by ensuring overall account safety through predefined stop levels.
- Optimized for XAUUSD:
- Specially calibrated for gold trading on the M30 timeframe, leveraging its unique market characteristics.
Performance Review
Backtest Highlights:
- Testing Period: Over multiple years with 99.9% modeling quality.
- Initial Deposit: $10,000
- Net Profit: $227,344.56
- Profit Factor: 1.62
- Relative Drawdown: 24.01%
- Trades Executed: 1,000
The backtest report displays a smooth equity curve with consistent growth, demonstrating ForexRova’s ability to perform reliably over the long term. With a controlled drawdown and a high-profit factor, this EA ensures balanced performance.
QuantAnalyzer Report:
- CAGR: 42.17%
- Monthly Profit Average: 21.65%
- Sharpe Ratio: 0.14
- Win Percentage: 49.5%
- Max Drawdown: 13.75%
QuantAnalyzer’s results confirm the robustness of ForexRova’s strategy, with a healthy balance of risk and reward. The Sharpe Ratio and win percentage indicate steady profitability.
Live MyFXBook Trading Performance:
- Gain Since October 2024: +24.15%
- Monthly Growth: 6.73%
- Drawdown: 6.10%
- Live Broker: Pepperstone (Reputable ECN Broker)
Live trading results validate ForexRova’s capabilities in real-market conditions, showcasing consistent performance with minimal drawdown.
Input Settings Explained
- Magic Number: Unique identifier for trades to avoid conflicts.
- Lot Sizing:
- Auto Lot Size: Adjusts based on account equity.
- Fixed Lot Size: Option for manual control.
- Max Spread and Slippage: Ensures orders are executed efficiently in volatile conditions.
- Oscillator and Trend Filters:
- Controls overbought/oversold settings and market trends.
- Risk Management Parameters:
- Includes Stop Loss, Take Profit, and global stop levels for complete account protection.
- Martingale Multipliers:
- Light adjustments for loss recovery without excessive drawdowns.
Why Choose ForexRova EA?
- Innovative Strategy: Integrates technical analysis, trend indicators, and oscillators for precise trading signals.
- Secure Risk Management: Maintains a favorable risk-reward ratio with fixed stop-loss levels.
- Proven Results: Validated through rigorous backtesting and live trading data.
- Compatible with All Brokers: Works seamlessly on any platform, with added benefits on ECN accounts.
- Controlled Martingale System: Provides loss recovery without exposing your account to excessive risk.
Recommendations for Optimal Use
- Symbol: XAUUSD (Gold).
- Timeframe: M30 for optimal performance.
- Minimum Deposit: $10,000 for full functionality.
- Hosting: VPS recommended for uninterrupted trading and minimal latency.
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Reviewed by Our Trader
Peter Jones
Pre-Purchase FAQs
Are updates always free?
Yes, all updates are completely free—you'll never pay twice.
We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.
All versions are stored in your account for easy access.
What's your refund policy?
We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.
However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.
I need assistance installing this?
Yes, we'd be happy to assist you!
We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.
Please note, however, that we cannot provide advice on how to make money with any of our products.
Can I use this on multiple accounts?
Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.
You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.
There are no license limits or activation keys. Buy once, use everywhere.
How do I download after payment?
After successful payment, your product will be available for download instantly:
- Displayed on the screen immediately after checkout
- Emailed to the address you provided during purchase
- Stored in your account if you created one at checkout
In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.
Is this an original product?
Yes, absolutely.
We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.
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