North East Way EA V2.8
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: M-1-5-15
Base currency pairs: XAUUSD, NZDCAD, AUDCAD
Additional currency pairs: EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD.
LIVE Signals:
I don’t have the signals that this EA uses.
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 MT-1-5-15 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.
North East Way EA is an MT5 and MT4 EA FREE to download. If you are a Forex trader looking for an automated trading system that effectively trades on popular “pullback” currency pairs, NorthEastWay might be the solution you need. This fully automated trading system is designed to use the main patterns of the Forex market in trading, specifically the return of the price after a sharp movement in any direction. This strategy is known as “pullback” trading, and it can be especially effective in the currency pairs AUDCAD, AUDNZD, and NZDCAD.
One of the key features of North East Way EA MT4 is its ability to run all the recommended pairs from a single chart using the OneChartSetup. This is an excellent advantage as it saves time and simplifies managing multiple currency pairs. Moreover, the system is optimized for the M15 timeframe, making it an ideal choice for traders who prefer shorter-term trading.
Another important feature of NorthEastWay EA is its resilience to spread, slippage, and other broker-related variables. This means that the system can perform well under various market conditions, regardless of the broker used by the trader.
To test the performance of North East Way EA, the multi-currency mode of the MT5 tester can be used to test the EA on all recommended pairs simultaneously. As the system only uses open prices internally, the “open prices only” mode can be used for fast testing. It is recommended to perform long-term tests for 5-10 years to evaluate the stability of the EA during various market conditions.
NorthEastWay MT5 Summary
NorthEastWay MT5 is a fully automated “pullback” trading system that effectively trades on popular “pullback” currency pairs. It uses the main patterns of the Forex market in trading, specifically the return of the price after a sharp movement in any direction. The system is optimized for the M15 timeframe, and it can run all recommended pairs from a single chart using the OneChartSetup. Moreover, the system is resilient to spread, slippage, and other broker-related variables, making it an excellent choice for traders who want consistent results.
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