North East Way EA it is a fully automated “pullback” trading system, which is especially effective in trading on popular “pullback” currency pairs: AUDCAD, AUDNZD, NZDCAD. The system uses the main patterns of the Forex market in trading – the return of the price after a sharp movement in any direction.
Base currency pairs: AUDNZD, NZDCAD, AUDCAD
After buying EA, be sure to write to me in private messages, i will add you to a private group, send you set files and additional detailed instructions.
I am ready to help each buyer install and configure the advisor.
If you have never used EAs before, I will show and teach you how to use it.
- You can run all the pairs from a single chart using the OneChartSetup (only M15 timeframe)
- This EA is NOT sensitive to spread, slippage or any other broker related variables.
- Use the recommended pairs only.
- Use the multi-currency mode of the MT5 tester to simultaneously test the EA on all recommended pairs.
Watch the video for an example.
- “open prices only” can be used for fast testing, as the EA only uses open prices internally as well
- Test on M15 timeframe only
- Longterm tests for 5-10 years are recommended to show the EA’s stability during various market conditions.
- OneChartSetup — Launching the adviser at once in several currencies from one chart. Currency pairs must be listed with “,”.
- For_magic — Prefix for unique magic. Must be between 0 and 99.
- Only_One_Symbol? — If true, and there are open positions on the account, the adviser does not open new series of orders in another currency.
- For_autolot_use — Which base should be used by the adviser when calculating the lot: equity or balance.
- Or_use_fix_balance — Or insert a fixed amount of balance in the currency of your deposit.
- AutoMM — if > 0, the EA uses automatic money management when calculating the lot. AutoMM <=1000 — very aggressive. AutoMM >= 5000 — conservative.
- Fix_lot_if_AutoMM=0 — fixed lot for the first deal in a series.
- Recovery_Mode — If true, then the adviser closes a series of orders only with profit, but at the same time the logic of work may be violated. If false, then the EA works in accordance with its logic and a series of orders can be closed at a loss.
- Martin_Ratio — martingale coefficient for a series of orders.
- First_real_deal — The greater the value, the less often the trades, but they are better.
Recommended Input Parameters (balanced risk):
- Only one symbol? = false
- For Autolot use: equity
- AutoMM = 2000
- Recovery Mode = true
- First real deal = 3
Minimum balance $1000
Recommended leverage 1:200 or more
These settings are used by the FastWay signal
MT4 Version: NorthEastWay MT4
PS: I sell my Expert Advisors only on mql5.com. If you see my advisors for sale on other resources, they are scammers, they sell a fake.
PS2: Buyers of the advisor have the right to join the private user group. To receive an invitation to join a group, you must write in the “comments” section a request to add to a private group.