North East Way is a fully automated EA usually being sold for 1749$. This EA Work based on a “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.

Recommendations

  • Work Best on M15 Timeframe
  • Recommend running this free forex EA 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM)
  • Low Spread ECN account is also recommended
  • Minimum balance $1000
    • OneChartSetup = AUDNZD,NZDCAD,AUDCAD
    • Only one symbol? = false
    • For Autolot use = equity
    • AutoMM = 2000
    • Recovery Mode = true
    • First real deal = 3
  • Minimum balance $5000
    • 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

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  
    • AutoMM > 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 from this level — The greater the value, the less often the trades, but they are better.

Copy “msimg32.dll” to MT4 terminal Root Folder (EA doesn’t work without it)