📖 Complete User Manual — Version 1.0

Nexus AI
User Manual

Everything you need to go from receiving your EA file to fully automated XAUUSD trading — explained step by step, for complete beginners.

MT5 Expert Advisor XAUUSD Only v1.0

⚡ Quick Start Overview

Four steps from zero to live. Each is covered in detail below — this is just the map.

📩
1. Receive EA
⚙️
2. Install MT5
🔑
3. Enter Key
📈
4. Go Live
Section 0

Introduction

Nexus AI is a MetaTrader 5 Expert Advisor (EA) — a piece of automated trading software that runs directly inside your MetaTrader 5 platform. Once set up, it requires no input from you. It monitors XAUUSD around the clock, places trades at the close of each kill zone session, manages them with an aggressive trailing stop, and closes them automatically.

You receive a single file: NexusAI.ex5 — a compiled, ready-to-run EA. You do not need to write any code or understand programming to use it.

How it works (in plain English)

Kill Zone Openssession window starts
Range Buildshigh & low recorded
Zone ClosesBuyStop & SellStop placed
Price Breaksorder fills automatically
Trail ChasesSL follows price up/down
Trade Closedby SL or TP · repeat

The EA places orders across 4 zones daily — three kill zones (Tokyo, London, New York) and a daily breakout zone based on the previous day's high and low. That's up to 8 pending orders per day, all managed automatically.

💡
Important: Nexus AI only works on XAUUSD (Gold). If you attach it to any other symbol it will display a warning message and remove itself from the chart automatically.
Section 0.1

System Requirements

MetaTrader 5 (MT5)
You need MetaTrader 5 — not MetaTrader 4. MT4 is a different platform and will not work with NexusAI.ex5. Download MT5 from your broker's website for free. Most brokers offer both; make sure you select MT5.
A broker offering XAUUSD on MT5
Your broker must offer the Gold symbol (usually called XAUUSD) on MT5. ECN or STP accounts are recommended for tighter spreads. Popular options include IC Markets, Pepperstone, Tickmill, and FTMO (for funded accounts).
Windows PC or VPS
MT5 runs on Windows. You can use your own Windows PC to test, but for live trading a Windows VPS is strongly recommended so the EA runs 24/5 without your computer being on. The Tokyo kill zone opens at 03:00 UTC+2 — you'll be asleep. See Section 13 for VPS setup.
Active Nexus AI subscription & licence key
You need an active £199/month subscription and a valid licence key. Generate your key on the Licence Portal using the email you subscribed with. Your key looks like: XXXXXXXX-XXXX-XXXX-XXXX-XXXXXXXXXXXX
Stable internet connection
The EA validates your licence against our server each time it loads, and places trades in real time. A stable connection is essential — another reason to use a VPS rather than a home internet connection.
Section 1

Quick Start — 4 Steps to Live Trading

If you're comfortable with MT5 and just want the essentials, this section covers the entire setup in four steps. Each step is expanded in full detail in Sections 2–7.

1
Generate and save your licence key
Visit nexusai.io/#license, enter your subscription email, and generate your key. Copy it and save it somewhere safe (email it to yourself). It looks like: A1B2C3D4-E5F6-7890-ABCD-EF1234567890
2
Place NexusAI.ex5 in your MT5 Experts folder
In MT5 go to File → Open Data Folder. Inside that folder, open MQL5 then Experts. Copy NexusAI.ex5 into that folder. Restart MT5 (or press F5 in the Navigator).
3
Allow WebRequests and add the licence server URL
In MT5: Tools → Options → Expert Advisors. Tick "Allow WebRequests for listed URLs". Add this URL exactly:

https://nexusai-license.nxsai.workers.dev

Click OK. Without this step the licence will not validate and the EA will not run.
4
Attach to XAUUSD H1 chart and enter your key
Open a XAUUSD chart, set it to H1 (1-hour) timeframe. In the Navigator panel (Ctrl+N), expand Expert Advisors, find NexusAI, and drag it onto the chart. In the Inputs tab, paste your licence key into the License key field. Click OK. The AI dark chart theme will apply and the on-chart panel will appear. You're live.
Section 2

Receiving Your EA File

After subscribing and generating your licence key, you will receive an email containing a download link for NexusAI.ex5. This is the only file you need.

⚠️
File type: The file ends in .ex5 — this is a compiled MetaTrader 5 Expert Advisor. Do not try to open it as a normal file. It will only work inside MT5.

Where to save it

Save NexusAI.ex5 somewhere easy to find on your computer — your Downloads folder or Desktop is fine. You'll move it into the correct MT5 folder in the next step.

💡
If you subscribed and haven't received the email within 5 minutes, check your spam folder. You can also retrieve your key and download link at any time from the Licence Portal.
Section 3

Installing the EA in MetaTrader 5

1
Open MetaTrader 5
Launch MetaTrader 5. Make sure it's connected to your broker (you'll see the connection status in the bottom right — it should say your broker name and show a green connection indicator).
2
Open the Data Folder
In the MT5 menu bar, click File → Open Data Folder. This opens a Windows Explorer window showing the MT5 data directory. Every installation of MT5 has its own data folder — make sure you're in the right one (the one connected to your broker).
3
Navigate to the Experts folder
Inside the data folder, open the MQL5 folder, then open Experts. The full path looks like this: C:\Users\YourName\AppData\Roaming\MetaQuotes\Terminal\[ID]\MQL5\Experts\ You can create a subfolder called NexusAI inside Experts to keep things tidy, but it's not required.
4
Copy NexusAI.ex5 into the Experts folder
Copy (or drag) NexusAI.ex5 from wherever you saved it into the Experts folder you just opened.
5
Refresh the Navigator in MT5
Back in MT5, open the Navigator panel with Ctrl + N (or View → Navigator). Right-click on Expert Advisors and select Refresh. You should now see NexusAI appear in the list under Expert Advisors.
💡
If you don't see NexusAI in the Navigator after refreshing, double-check that you copied the file into the correct MQL5/Experts folder inside the data directory. Some computers have multiple MT5 installations with different data folders.
Section 4

Allow WebRequests — Critical Step

Nexus AI validates your licence key against our server every time the EA loads. For this to work, you must tell MT5 to allow the EA to make web requests to our server URL. If you skip this step, the licence will fail and the EA will remove itself from the chart.

🚫
Mandatory: Without this step, the EA cannot validate your licence and will not run, regardless of whether your key is correct.
1
Open MT5 Options
In the MT5 menu, click Tools → Options (or press Ctrl+O).
2
Go to the Expert Advisors tab
In the Options window, click the Expert Advisors tab at the top.
3
Enable WebRequests
Check the box that says "Allow WebRequests for listed URLs". A text field will appear below it where you can add URLs.
4
Add the Nexus AI licence server URL
In the URL field, type or paste this URL exactly as shown (including the https://):

https://nexusai-license.nxsai.workers.dev Click Add. Then add the news calendar URL the same way: https://nfs.faireconomy.media Both URLs should appear in the list. Click OK.
5
Click OK
Click OK to save the settings. MT5 will now allow the EA to contact our licence server.
💡
If you're using a VPS, you need to do this step on the VPS's MT5 installation, not just your home PC's MT5. Each MT5 installation has its own settings.
Section 5

Attaching the EA to a XAUUSD Chart

1
Open a XAUUSD chart
In MT5, click View → Market Watch (or Ctrl+M) to open the Market Watch panel. Find XAUUSD in the list. If you don't see it, right-click in Market Watch and select Show All or search for it. Once you see XAUUSD, double-click it to open a chart, or right-click and select Open Chart.
!
Set the timeframe to H1 (1 Hour)
Nexus AI is designed and calibrated for the H1 (1-hour) timeframe on XAUUSD. At the top of the chart, click H1 in the timeframe buttons. The EA will work on other timeframes but results may differ — H1 is the recommended and intended setting.
2
Drag NexusAI onto the chart
In the Navigator panel (Ctrl+N), expand Expert Advisors. Find NexusAI. Drag it from the Navigator onto the XAUUSD H1 chart. A settings dialog will open.
!
Enable "Allow Algo Trading" in the dialog
In the EA dialog that opens, click the Common tab and make sure "Allow Algo Trading" is ticked. Without this the EA will load but won't be able to place any trades.
3
Click the Inputs tab
Before clicking OK, click the Inputs tab at the top of the dialog. This is where you'll enter your licence key and configure risk settings. See the next section.
💡
Make sure the AutoTrading button in the MT5 toolbar is enabled (green). It's in the top toolbar and looks like a play button with "AutoTrading" next to it. If it shows red/disabled, click it to enable it.
Section 6

Entering Your Licence Key

With the EA dialog open on the Inputs tab, you'll see a list of all configurable parameters. The first group is Licensing.

🔑
Find "License key" in the Inputs tab
In the Inputs tab, look for the group labelled ═══ Licensing ═══ at the very top. Below it you'll see a row labelled License key with an empty text field on the right.
1
Paste your licence key
Click the Value field next to License key. Paste your key using Ctrl+V. Your key should look like:

A1B2C3D4-E5F6-7890-ABCD-EF1234567890

Make sure there are no spaces before or after the key. The field should contain only the key itself.
2
Configure your risk settings (optional — can change later)
While you have the Inputs dialog open, you can also set your risk preferences. See Section 8 for a full guide to risk settings. For your first run, the defaults are safe to use — the EA will trade with a fixed 1.0 lot unless you change it.
3
Click OK
Click OK to apply all settings and start the EA. The EA will immediately attempt to validate your licence key against our server. This takes 1–3 seconds.
🚫
If the EA disappears from the chart after clicking OK, it means either: (a) your licence key is incorrect, (b) the WebRequests URL was not added correctly (Section 4), or (c) the EA was placed on a non-XAUUSD chart. Check each of these and try again.
Section 7

Verifying the EA is Live

When Nexus AI loads successfully, several things happen immediately:

The AI dark chart theme applies
The chart background turns near-black (#0A0C12), bull candles become cyan-teal, and bear candles become coral red. If your chart still looks the same as before, the EA did not load correctly.
The on-chart panel appears
A dark terminal-style panel appears in the top-left corner of the chart showing: EA name and version, current balance, open P&L, session status (Tokyo/London/NY), and licence information. Check that it shows License: Active.
The Experts log shows a success message
Open the MT5 Toolbox (Ctrl+T), click the Experts tab. You should see a log entry like: NEXUS AI v1.0 initialised — XAUUSD Multi-Session Breakout System — ONLINE. If you see an error message instead, refer to Section 16 (Troubleshooting).
The smiley face appears on the chart
In the top-right corner of the chart, a small smiley face icon (🙂) indicates the EA is running. If you see a sad face (😟), AutoTrading may be disabled — click the AutoTrading button in the toolbar to enable it.
Section 8

Risk Settings — Choosing Your Risk Mode

Nexus AI offers four risk modes. You configure these in the Inputs tab when attaching the EA (or by right-clicking the chart → Expert Advisors → Properties while the EA is running).

💡
Recommended for most users: % Account Risk mode at 5%. This is a good balance between growth and protection given the ~85% win rate. At 10% risk the EA has returned 50%+ in a matter of days on live accounts — but this carries higher drawdown risk.
ModeSettingDescriptionBest For
Fixed lot Auto lot = false Always trades the exact lot size you enter in Fixed lot size. Simple but doesn't scale with account growth. Beginners, small accounts
% Account Risk Auto lot = true Calculates lot size so that each trade risks a percentage of your balance (set in Risk % for auto lot). Scales automatically as your balance grows or shrinks. Most users — recommended
Fixed cash Custom Risks a fixed cash amount per trade regardless of balance. Fixed budget traders

Suggested risk levels

Risk LevelRisk %Expected Monthly*Max Drawdown Risk
Conservative2–3%~8–15% per monthLow
Moderate5%~20–30% per monthMedium
Aggressive10%40–60%+ per monthHigher

*Estimates based on ~85% win rate and live subscriber results. Individual results vary. Past performance does not guarantee future results.

⚠️
Daily Drawdown Guard: Set Maximum daily drawdown % to 5–10% to automatically halt trading if the EA has a bad day. Set to 0 to disable. This is especially important for prop firm / funded accounts which have strict drawdown rules.
Section 9

Session Times & Kill Zones

The EA is pre-configured with the correct kill zone times in broker time (UTC+2). Unless your broker uses a different timezone offset, you do not need to change these.

ZoneStart (UTC+2)End (UTC+2)Orders Placed
Tokyo Kill Zone03:0007:00Kill zone window in broker time (UTC+2). Orders placed when zone closes.
London Kill Zone09:0012:00BuyStop above high, SellStop below low
New York Kill Zone14:0017:00BuyStop above high, SellStop below low
Daily BreakoutAlways onEnd of dayBuyStop above prev day high, SellStop below prev day low
Order Deletion23:30All unfilled pending orders cancelled
💡
Broker timezone: The default times assume your broker uses UTC+2 (standard for most ECN brokers). Check the time in the bottom bar of MT5 and compare it to your local time + UTC offset to confirm. If your broker uses a different offset, adjust the session start/end times accordingly.
Section 10

Trailing Stop & Break-Even

The trailing stop engine is the core of Nexus AI's edge. The exact parameters are proprietary and configured optimally for XAUUSD kill zone volatility. What you need to know as a user:

Enable trailing stop
Set Enable trailing stop = true (default). This is the core profit mechanism. You should always leave this enabled for XAUUSD kill zone trading.
Enable break-even
Set Enable breakeven = true (recommended). Once a trade moves into profit by the configured amount, the stop loss is automatically moved to the entry price — meaning you can never lose on that trade from that point. Leave the default values unless you have a specific reason to change them.
!
Don't change trailing parameters without guidance
The trailing step, distance and start values are calibrated specifically for XAUUSD. Changing them without understanding their interaction can significantly impact results. If you want to experiment, test on a demo account first. Contact support for guidance.
Section 11

Filters & Protection Settings

Spread Filter

The EA will not place new orders if the spread exceeds your maximum. For XAUUSD, a spread of 20–30 points (2–3 pips) is normal during kill zones. Set Spread maximum to 30 as a starting point (0 = no limit).

News Filter

When enabled, the EA reads a CSV file containing upcoming economic events and pauses trading before/after high-impact news. To use this:

  1. Download a news calendar CSV (Forex Factory or Myfxbook both offer exports)
  2. Save it to: MQL5/Files/news/newshistory.csv
  3. Set Enable news filter = true
  4. Set your stop window (default: 15 minutes before and after)

If you don't have a news CSV file, leave the news filter disabled.

Day of week filters

By default the EA trades Monday through Friday. You can disable individual days (e.g. disable Friday to avoid weekend gap risk) by setting the relevant Trade on [day] input to false.

Daily drawdown guard

Set Maximum daily drawdown % to a percentage of your balance. If the EA loses more than this in a single day, it closes all positions and stops trading until the next day. Recommended: 5% for standard accounts, 3–4% for prop firm accounts.

Section 12

All Input Parameters

Licensing

ParameterDefaultDescription
License key(empty)Your Nexus AI licence key. Generated at nexusai.io/#license

Order Settings

ParameterDefaultDescription
Magic number2443Unique identifier for the EA's orders. Change if running multiple EAs on the same account.
Take profit (pips)200Distance from entry to take profit in pips. On XAUUSD, 1 pip = 0.10 price movement.
Stop loss (pips)100Distance from entry to initial stop loss. The trailing stop will move this up/down as price moves in your favour.

Risk Settings

ParameterDefaultDescription
Fixed lot size1.0Lot size used when Auto lot = false.
Auto lot sizefalseSet to true to use % risk mode. When true, Fixed lot size is ignored.
Risk % for auto lot10.0Percentage of account balance risked per trade when Auto lot = true. Recommended: 5% for most users.
Maximum daily drawdown %0.0Halt trading if daily loss exceeds this percentage. 0 = disabled. Recommended: 5–10%.

Trading Logic

ParameterDefaultDescription
Enable daily candle breakout orderstruePlaces BuyStop above previous day's high and SellStop below previous day's low each morning.
Round step offset0.1Rounds entry prices to the nearest step. Useful for round-number entries. Set to 0 to disable.
Delete orders time23:30Time at which all unfilled pending orders are cancelled. Uses broker time (UTC+2).
Enable Tokyo sessiontrueEnables/disables the Tokyo kill zone entirely.
Session start / end (Tokyo)03:00 / 07:00Kill zone window in broker time (UTC+2).
Enable London sessiontrueEnables/disables the London kill zone.
Session start / end (London)09:00 / 12:00Kill zone window in broker time (UTC+2).
Enable NY SessiontrueEnables/disables the New York kill zone.
Session start / end (NY)14:00 / 17:00Kill zone window in broker time (UTC+2).

Trade Management

ParameterDefaultDescription
Enable trailing stoptrueActivates the aggressive trailing SL engine. Strongly recommended to keep enabled.
Trailing start point (pips)10.0How many pips in profit the trade must be before trailing activates.
Trailing stop distance (pips)10.0How far behind price the trailing SL sits once active.
Trailing step (pips)0.5Minimum movement before the SL is adjusted. Smaller = more frequent updates.
Enable breakevenfalseMove SL to entry once profit target is reached. Recommended: true.
Move SL to BE after (pips)10.0Profit required before SL moves to break-even.

Filter Settings

ParameterDefaultDescription
Spread maximum0Maximum spread in points to allow a new order. 0 = no limit. Recommended: 30.
Trade start time01:01Earliest time the EA will consider placing orders.
Trade stop time23:59Latest time the EA will consider placing orders.
Trade on Monday–FridaytrueEnable/disable trading on individual days of the week.
Section 13

VPS Setup — Running 24/5

A VPS (Virtual Private Server) is a Windows computer in a data centre that runs 24 hours a day. You connect to it remotely from your PC or phone. For Nexus AI, a VPS is strongly recommended because:

  • The Tokyo kill zone runs 03:00–07:00 UTC+2
  • Your home PC may turn off, restart, or lose connection
  • A VPS near your broker's server gives faster order execution

Recommended VPS providers

ProviderMonthly CostLocationNotes
Contabo~€5–10EU / US / AsiaExcellent value. Good for most brokers.
ForexVPS.net~$10–30MultipleSpecialised for trading. Low latency.
Vultr~$6–12GlobalChoose location closest to broker server.
MT5 built-in VPSFree*VariesAvailable in MT5 if your broker offers it.

VPS setup checklist

Section 14

Choosing the Right Broker

Nexus AI works with any MT5 broker that offers XAUUSD. For best results:

FeatureWhat to Look ForWhy It Matters
Account typeECN or STPTighter spreads on XAUUSD during kill zones. Avoid Market Maker accounts where possible.
XAUUSD spreadUnder 30 pts (3 pips)High spreads eat into the small bursts the EA is designed to capture.
Execution speedUnder 100msKill zone entries happen in seconds. Slow brokers mean worse fills on pending orders.
Minimum lot size0.01 lotsRequired for the % risk mode to size correctly on smaller accounts.
Server locationSame region as VPSHost your VPS close to your broker's server for best execution.

Popular brokers used by Nexus AI subscribers include: IC Markets, Pepperstone, Tickmill, FTMO (funded).

💡
Always test on a demo account with the same broker before switching to a live account. Verify the spread filter is working and that orders are being placed and filled correctly.
Section 15

Pre-Launch Checklist

Go through this checklist before leaving the EA running unattended on a live account.

Section 16

Troubleshooting

!
EA disappears from chart immediately after loading
This means the licence validation failed or the symbol is wrong. Check:
  • Is the chart set to XAUUSD? (Not GOLD, XAUUSDT, or any other symbol)
  • Is the WebRequests URL added correctly in Tools → Options → Expert Advisors?
  • Is your licence key pasted correctly with no extra spaces?
  • Is your subscription still active? Check at nexusai.io/#license
!
Sad face in top-right corner (AutoTrading disabled)
Click the AutoTrading button in the MT5 toolbar (it looks like a play button). Make sure it turns green. Also check that "Allow Algo Trading" was ticked in the EA dialog when you attached it.
!
No orders being placed
  • Check the Experts log (Ctrl+T → Experts tab) for any error messages
  • Verify the current broker time is within a session window (e.g. 09:00–12:00 for London)
  • Check the spread — if it's above your Spread maximum setting, orders will be blocked
  • Make sure the daily drawdown guard hasn't triggered (check the EA panel)
  • Ensure AutoTrading is enabled (green button in toolbar)
!
Chart colours didn't change
The AI dark theme applies automatically on load. If your chart colours didn't change, the EA likely didn't load successfully. Check the Experts log for errors and verify AutoTrading is enabled.
!
NexusAI not visible in Navigator
Make sure you copied NexusAI.ex5 into the correct MT5 installation's MQL5/Experts folder. Each MT5 instance (different brokers, VPS vs local) has its own separate data folder. Right-click Expert Advisors in Navigator → Refresh.
💡
For any issue not covered here, contact support at [email protected] or reach us on Telegram @NexusAISupport. Include a screenshot of your MT5 Experts log (Ctrl+T → Experts tab) with any support request.
Section 17

Frequently Asked Questions

Can I run the EA on multiple charts at once?

No — the EA should only run on one XAUUSD H1 chart per MT5 account. Running it on multiple charts of the same account will cause duplicate orders and conflicting management logic. You can run it on multiple separate accounts (up to your seat limit of 2).

What happens to open trades if MT5 closes or loses connection?

Open positions remain on your broker's server regardless of whether MT5 is connected. However, the trailing stop and break-even management will stop functioning while MT5 is disconnected. This is why a VPS is critical — it keeps MT5 running continuously.

Can I change the take profit and stop loss?

Yes — Take profit (pips) and Stop loss (pips) are both configurable in the Inputs tab. The defaults (200 TP / 100 SL) are calibrated for XAUUSD H1. If you change these, test thoroughly on a demo account first.

How do I update the EA when a new version is released?

When a new version is released, you'll receive an email with the updated NexusAI.ex5 file. To update: (1) remove the EA from the chart (right-click → Expert Advisors → Remove), (2) overwrite the old file in the Experts folder with the new one, (3) refresh Navigator and re-attach the EA with your key.

Why did the EA remove itself from the chart?

Three reasons cause automatic removal: (1) Invalid or expired licence key, (2) Wrong symbol — the EA is XAUUSD only, (3) A critical error during initialisation. Check the Experts log for details.

My subscription has lapsed — what happens?

When you resubscribe, your licence key is reactivated automatically. Simply reattach the EA to your chart (or restart MT5) and it will validate successfully on the next load.

Can I use this on a funded/prop firm account?

Yes — Nexus AI places pending orders and manages them normally, which is generally compatible with prop firm rules. However: (1) Check your prop firm's EA policy, (2) Set the Daily Drawdown Guard conservatively (3–4% for typical 5% daily limit prop firms), (3) Always test on the evaluation account before using on a funded account.