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Nova Dynamic Support and Resistance Indicator (MT4) — review, price and free alternatives
MT4 indicator$30 on MQL5by Ferry Nijland
Nova Dynamic Support and Resistance Indicator is a MetaTrader 4 indicator by Ferry Nijland, sold on the MQL5 Market for $30. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Nova Dynamic Support and Resistance Indicator — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Ferry Nijland
- Price
- $30
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Nova Dynamic Support and Resistance Indicator on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Nova Dynamic Support and Resistance Indicator is a clean and easy-to-read market analysis tool for MetaTrader 4.
Before you buy Nova Dynamic Support and Resistance Indicator
What the developer claims
- The indicator automatically identifies three dynamic resistance levels and three dynamic support levels based on different historical lookback periods.
- Each level adapts to the selected chart timeframe and helps traders visualize both short-term and long-term market structure.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Nova Dynamic Support and Resistance Indicator
Compiled from its public MQL5 listing. FxRobotEasy has not traded Nova Dynamic Support and Resistance Indicator; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 Nova Dynamic Support and Resistance Indicator review examines real performance and trading analysis to help you make informed decisions. Nova Dynamic Support and Resistance Indicator by Ferry Nijland represents a comprehensive automated trading solution for MT4 traders. What sets Nova Dynamic Support and Resistance Indicator apart is its balanced approach to trade execution and capital preservation.
Risk notes
Nova Dynamic Support and Resistance Indicator implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT4 platform compatibility
- Developed by experienced Ferry Nijland
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing Nova Dynamic Support and Resistance Indicator on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
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The team's notes, every day
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Nova Dynamic Support and Resistance Indicator or Breakopedia AI?
| Nova Dynamic Support and Resistance Indicator | Breakopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($30) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Ferry Nijland | FxRobotEasy |
Nova Dynamic Support and Resistance Indicator — questions
What is Nova Dynamic Support and Resistance Indicator?
Nova Dynamic Support and Resistance Indicator is a MetaTrader 4 indicator published on the MQL5 Market by Ferry Nijland, priced at $30 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Nova Dynamic Support and Resistance Indicator work on MT4 or MT5?
Nova Dynamic Support and Resistance Indicator runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Nova Dynamic Support and Resistance Indicator cost?
Nova Dynamic Support and Resistance Indicator is a paid product listed at $30 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-08-19. It is sold and downloaded through the developer's (Ferry Nijland) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Nova Dynamic Support and Resistance Indicator?
FxRobotEasy has not traded Nova Dynamic Support and Resistance Indicator on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Nova Dynamic Support and Resistance Indicator elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.