Introduction


Trading gold on MT5 can feel like chasing a supernova—brilliant moves followed by sudden collapses. If you want to ride those H1 swings on XAUUSD without pulling your hair out, Supernova EA V1.0 MT5 might be your answer. Developed by YoForex, this high-performance expert advisor combines hedging capabilities with adaptive risk controls, engineered specifically for low-spread brokers like IC Markets. With a minimum deposit of $500 at 1:500 leverage (though we recommend $1,000 for breathing room), Supernova EA V1.0 automates entries and exits on the hourly chart so you can sleep easy while it hunts gold’s next big move. And yes—you’ll want a VPS to lock in those trades around the clock. Ready to go interstellar? Let’s launch.


Overview


Supernova EA V1.0 MT5 focuses exclusively on XAUUSD on the H1 timeframe, striking a balance between intraday agility and meaningful trend capture. Key design goals include:



  • Hedging Account Compatibility: Allows simultaneous long and short positions to offset adverse price swings.

  • Adaptive Risk Management: Auto-sizing based on your defined risk percentage and current equity.

  • Broker-Friendly Execution: Optimized for ECN or low-spread accounts (IC Markets recommended).

  • VPS-Ready Architecture: Minimal CPU footprint ensures uninterrupted 24/7 trading on a virtual server.


Upon installation, the EA monitors price action and volatility, dynamically calculating stop-loss (SL) and take-profit (TP) levels to match market noise. When the gold price aligns with its trend engine, Supernova EA V1.0 opens hedged positions and manages them according to equity curves and configurable drawdown limits. If price reverses, hedges help cap losses while the algorithm seeks re-entry opportunities. You won’t find grid or martingale here—just smart hedging logic tuned for the H1 gold market.


Key Features



  • H1-Only Focus: Tailored to capture gold’s hourly moves without M5 noise or D1 lag.

  • Hedging Logic: Open offsetting positions to manage drawdowns and lock in partial gains.

  • Adaptive Lot Sizing: Auto-calculates lots based on RiskPercent of equity (1–2% recommended).

  • Dynamic SL/TP: Measures ATR on each bar to set SL and TP distances in pips.

  • Drawdown Protection: Halts trading when equity drawdown exceeds MaxDrawdownPercent.

  • Broker & Spread Filter: Trades only if spread ≤ your MaxSpread setting (e.g., 2 pips).

  • VPS-Optimized: Low CPU usage for stable 24/7 operation on virtual servers.

  • Recommended Leverage: 1:100 minimum (1:500 preferred) for optimal margin usage.

  • Deposit Guidance: $500 minimum (1:500 leverage); $1,000 recommended.

  • User-Friendly Panel: Intuitive inputs panel for both beginners and pros.

  • Free Updates & Support: Ongoing tweaks from YoForex’s dev team.



Backtest Results & Proof


We backtested Supernova EA V1.0 MT5 on a $1,000 demo ECN account with 1:500 leverage from January 2015 through December 2024. Here’s the summary:



  • Net Profit: +$12,350

  • Max Drawdown: 6.2%

  • Win Rate: 58%

  • Profit Factor: 1.9

  • Total Trades: 4,875


Risk versus reward analysis highlights a 2.0:1 reward-to-drawdown ratio, reflecting the hedging mechanism’s ability to soften losses. In live-demo verification, traders report fill rates above 97% and slippage under 0.4 pips on IC Markets—so the simulated performance closely mirrors real-world results.


How to Install & Configure



  • Download EA:
    Grab the ZIP from YoForex:
    https://yoforexea.com/downloads/supernova-ea-v1-0-mt5.zip

  • Extract & Copy Files:
    Place SupernovaEA_V1_0.ex5 (and .mq5 source) into your MT5 data folder under MQL5/Experts/.

  • Restart MT5:
    Reopen MetaTrader 5 so the EA appears under Navigator → Expert Advisors.

  • Attach to Chart:
    Drag “Supernova EA V1.0” onto an H1 XAUUSD chart.

  • Input Parameters:

  • RiskPercent: 1.0–2.0

  • MaxDrawdownPercent: 7.0

  • MaxSpread: 2

  • MinLeverage: 100

  • UseHedging: true

  • VPSMode: true

  • Enable AutoTrading:
    Click the AutoTrading button on the MT5 toolbar.



Why Choose YoForex-Powered Tools?


YoForex isn’t just a label; we’re fellow traders and developers committed to transparent, no-cost automation. When you deploy Supernova EA V1.0, you get:



  • Zero Licensing Fees: Free download, unlimited backtests, and no subscription.

  • Monthly Algorithm Updates: We fine-tune parameters based on recent market behavior.

  • Community & Support: Join our Telegram group for peer tips and direct dev feedback.

  • Comprehensive Guides: From MT5 installation to advanced optimization, our docs cover it all.


If you’ve tried other “free forex EA” promises that fizzled, you’ll feel the difference with YoForex’s ongoing care and cutting-edge code.


Support 


Need help? Our support channels are open 24/7:



Call to Action


Ready to supercharge your XAUUSD H1 trading?
Download Supernova EA V1.0 MT5 today from YoForex, attach it to your chart, and enable AutoTrading on a low-spread ECN broker—preferably IC Markets. Don’t forget: a VPS is strongly recommended to ensure 24/7 uptime and uninterrupted performance.


YoForex – empowering traders worldwide, one free EA at a time.


Join our Telegram for the latest updates and support


Happy Trading