Description

North East Way EA 1.312 MT4

Overview

The North East Way EA 1.312 is a fully automated trading system designed for “pullback” strategies. It excels in trading popular currency pairs, including AUDCAD, AUDNZD, and NZDCAD. Here are the key details:

• Version: 1.312 (Updated: March 2, 2023)
• Activations: 7 (This is the old version of North East Way EA; the MT4 version will not be further developed.)
• Recommended Timeframe: M15
• Base Currency Pairs: AUDNZD, NZDCAD, AUDCAD
• Additional Currency Pairs: EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD

 

Strategy

The North East Way EA utilizes pullback patterns in the Forex market. It enters trades after a sharp price movement in any direction, anticipating a return to the mean. Here’s how it works:

1. Pullback Identification: The EA identifies pullback opportunities based on historical price behavior.
2. Entry Criteria: When a pullback occurs, the EA enters trades in the specified currency pairs.
3. Risk Management: The EA is not sensitive to spread, slippage, or broker-related variables.
4. Money Management: You can choose between automatic money management (AutoMM) or fixed lot sizes.

 

Recommended Settings

• OneChartSetup: Run all pairs from a single chart (M15 timeframe).
• For_magic: Set a unique magic number (between 0 and 99) for tracking orders.
• Only_One_Symbol?: If true, the EA won’t open new orders in another currency if there are existing open positions.
• For_autolot_use: Choose equity or balance for lot size calculation.
• AutoMM: Use AutoMM for dynamic lot sizing (aggressive values: >0, conservative values: >=5000).
• Recovery_Mode: Decide whether to close orders only with profit (may violate logic) or allow losses.
• Martin_Ratio: Martingale coefficient for order series.
• First_real_deal: Adjust to control trade frequency.

 

Additional Information

• After purchasing the EA, contact me via private messages for set files and detailed instructions.
• I’ll add you to a private group for ongoing support.
• Long-term testing over 5-10 years is recommended to assess stability under various market conditions.

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.📈🍀

 

Stay Updated:

Instant Download: https://yoforex.org/product/north-east-way-ea-1-312-mt4-nodll/

Contact: https://t.me/yoforexrobot

🔔😎Happy Trading😎🔔