Forex North East Way Robot

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.

A 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.
  • VPS server is recommended to run EA!

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

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

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

MT4 TRADING SOFTWARE

  • – Advanced Trading Forex North East Way EA V1.306

  • – Detailed Step-by-Step User Guide

  • – 100% plug and play

  • – 24/7 Support

Limited time offer for 77$