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NorthEastWay MT5

northeastway-mt5-logo-200x200-9743
12,483.00 USD10,610.55 USD

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Information

Experts
MetaTrader 5
PAVEL UDOVICHENKO
1.305
7

Overview

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.

Timeframe: M15
Base currency pairs: AUDNZD, NZDCAD, AUDCAD
Additional currency pairs:  EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD.

LIVE Signals:

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.

EA SETUP:

  • 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.

EA TESTING:

  • 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.

Input Parameters

  • 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):

  • AUDNZD,NZDCAD,AUDCAD
  • 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

Recommended Input Parameters  (balanced risk):

  • OneChartSetup = AUDNZD,NZDCAD,AUDCAD,EURGBP*0.5,EURUSD*0.5,GBPUSD*0.5,USDCAD*0.5,GBPCAD*0.5,EURCAD*0.5
  • Only one symbol? = false
  • For Autolot use: equity
  • AutoMM = 3000
  • Recovery Mode = true
  • First real deal = 3

Minimum balance $5000
Recommended leverage 1:200 or more

These settings are used by the North East Way and Multi Way signals 

Run the EA on the same chart with the M15 timeframe.

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.



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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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