Introducing North East Way EA, a fully automated trading system designed for “pullback” strategies, particularly effective with popular currency pairs such as AUDCAD, AUDNZD, and NZDCAD. Leveraging key Forex market patterns, it capitalizes on price reversals following significant movements.

Key Features:

• Timeframe: M15
• Base Currency Pairs: AUDNZD, NZDCAD, AUDCAD
• Additional Currency Pairs: EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD
• LIVE Signals:
  • FastWay MT4 ICM
  • NEW2000 MT4 Roboforex
  • MultiWayStrait MT4 Roboforex
  • FastWay Valu
  • MultiWayWide MT4 ICM

Setup and Testing Guidelines:

• You can operate all pairs from a single chart using the OneChartSetup (M15 timeframe only).
• Not sensitive to spread or broker-related variables.
• Utilize recommended pairs for testing.
• Employ the multi-currency mode of the MT5 tester for simultaneous testing across all recommended pairs.
• Opt for “open prices only” for faster testing.
• Long-term tests over 5-10 years are recommended for stability assessment under various market conditions.

Input Parameters:

• OneChartSetup: Launch the advisor in multiple currencies from one chart (comma-separated).
• For_magic: Unique magic prefix (0-99).

-Only_One_Symbol?: Prevents opening new series of orders in another currency if true and open positions exist.

• For_autolot_use: Adviser’s lot calculation based on equity or balance.
• Or_use_fix_balance: Insert a fixed balance amount if desired.
• AutoMM: Automatic money management for lot calculation (<=1000 – aggressive, >= 5000 – conservative).
• Fix_lot_if_AutoMM=0: Fixed lot for the first deal in a series.
• Recovery_Mode: Close series of orders only with profit if true, adhering to advisor’s logic otherwise.
• Martin_Ratio: Martingale coefficient for order series.
• First_real_deal: Frequency of trades, higher values imply less frequent but better trades.

Recommended Input Parameters (Balanced Risk):

• For 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

For OneChartSetup (including additional pairs):

• 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 for optimal results.