Description
North East Way EA V1.306 MT4
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Strategy Overview:
- Pullback Trading: The EA capitalizes on price reversals after sharp movements in any direction.
- Base Currency Pairs: AUDNZD, NZDCAD, AUDCAD.
- Additional Currency Pairs: EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD.
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Timeframe:
- M15: The EA operates on the 15-minute chart.
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Minimum Deposit:
- We recommend a minimum account balance of $300 to run the North East Way V1.306 EA effectively.
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Drawdown:
- Unfortunately, the specific drawdown percentage is not provided in the available information. However, long-term testing over 5-10 years is recommended to assess the EA’s stability across various market conditions.
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Recommended Leverage:
- Leverage of 1:200 or higher is advisable.
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Installation and Support:
- After purchasing the EA, contact me via private messages.
- I’ll add you to a private group, provide set files, and detailed instructions.
- If you’re new to EAs, I’ll guide you on installation and usage.
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Broker Considerations:
- The EA is not sensitive to spread, slippage, or other broker-related variables.
- Use the recommended currency pairs for optimal performance.
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Testing:
- Employ the MT5 tester’s multi-currency mode to simultaneously test the EA on all recommended pairs.
- Consider using “open prices only” for faster testing.
- Long-term stability tests are crucial.
Download the EA from our website: https://yoforex.org/product/north-east-way-ea-v1-306-mt4/
Feel free to join our Telegram group: https://t.me/yoforexrobot
Remember, successful trading involves thorough testing, risk management, and staying informed.
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