Start of Application
Grant MetaTrader permissions
For simplification of license management, all products interact with a backend server. Therefore, you'll need to adjust some settings in your MetaTrader. Please open the instance of MetaTrader you chose during installation and go to the Options menu.
Next, navigate to the Expert Advisors tab and check the boxes for Allow automated trading and Allow DLL imports. Stay calm about the warning associated with the second option.
The application only uses native Windows libraries to communicate with the backend license server.
You must be logged in with a trading account, which is added to your Expert Advisor subscription. Otherwise, the application cannot be started!
Open a chart
From the perspective of MetaTrader, Signova functions as a standard expert advisor add-on and must be applied to a chart. The application is then linked to the chart, meaning Signova will also close if you close the chart. Next, please open a new chart window by accessing the right-click context menu of any symbol in your market watch and open a new one by selecting Chart Window.
Configure input parameters
To apply the Expert Advisor to the recently opened chart, please search for it in the navigator view and drag and drop it onto the chart window. The application is in FEA Trading - MT4 - Signova 3.0.
Before the application finally starts, MetaTrader will display a dialogue where you can check some metadata on the application itself and configure its input parameters. To do so, please navigate to the tab Inputs. You can either start with the default values, modify them in the shown table, or load a SET file that can hold input parameters.
Signova is now activated!
Trading results to go
The main benefit of automated trading is letting the system handle your investments. However, it's important to check performance regularly to ensure everything runs as expected. Signova continuously monitors its own performance and drawdown. If it detects unfavorable conditions, it automatically stops trading. This built-in safety feature is called the inspector.
The inspector also updates a web interface, so you can view your performance and drawdown data directly in your dashboard. The inspector refreshes multiple times per minute, letting you stay updated on your investments from anywhere.
Strategy tester
You can validate Signova's historical performance using MetaTrader's built-in strategy tester. However, proper backtesting requires correct settings, adjustments, and quality tick data. We recommend reviewing the full performance report instead. This report was generated using MetaTrader 5's strategy tester with 100% real tick data, providing realistic performance results.
If you want to run your own backtest, keep in mind that Signova uses multi-symbol trading logic, opening and closing trades across several symbols simultaneously. MetaTrader 4's strategy tester can only test one symbol at a time, ignoring the others. While this is useful for single-symbol analysis, it doesn't reflect Signova's true performance.
For accurate validation, you must use MetaTrader 5's strategy tester with sufficient real tick data. Only then can all of Signova's sub-strategies work together properly.
Please note that historical performance does not guarantee future results.