[DOWNLOAD-1MB] North East Way EA v1.306 Unlimited

Description

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.

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

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.