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Home » Shop » Expert Advisor » Forex NorthEastWay MT5
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Forex NorthEastWay MT5

6677.00$ 89.00$

  • Terminal: MT5
  • Timeframe: M15
  • Major currency pairs: AUDNZD, NZDCAD, AUDCAD
  • Additional currency pairs: EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD.
  • Size: 13.8MB
  • Include: VPS Mql5 (With Product Key)
  • Include: Text Manual
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Category: Expert Advisor Tag: NorthEastWay MT5
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Description

NorthEastWay MT5

  • Timeframe: M15
  • Major currency pairs: AUDNZD, NZDCAD, AUDCAD
  • Additional currency pairs: EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD.

After purchasing the advisor, be sure to write me a private message. I am ready to help each customer to install and configure it. If you have never used trading robots before, I will show you everything and teach you how to use them.

Setting up an advisor

  • The EA can work with all pairs from one chart using the OneChartSetup setting (only on the M15 timeframe)
  • The EA is NOT sensitive to spread, slippage, and other brokerage factors.
  • Use only recommended pairs.

Expert Advisor testing

  • To simultaneously test the EA on all recommended pairs, use the multicurrency mode in the MetaTrader 5 tester.
  • For quick testing, the “Open prices only” mode is suitable, since the EA also uses only open prices
  • Test only on the M15 timeframe
  • It is recommended to test it for long periods, 5-10 years, to see the stability of the EA in different market conditions.

External parameters of the advisor

  • OneChartSetup – launching an Expert Advisor simultaneously on several instruments from one chart. Specify a list of currency pairs separated by commas (“,”).
  • For magic is a prefix for a unique magic number. A value from 0 to 99.
  • Only One Symbol? – if the parameter is set to true, then if there are open positions on the account, the EA will not open a new series of orders for another pair.
  • For autolot use – automatic lot calculation mode: based on funds on the account (equity) or balance.
  • Or use fix balance – or specify a fixed balance value in the deposit currency.
  • AutoMM – if> 0, the EA will apply automatic money management when calculating the lot. AutoMM <= 1000 is a very aggressive strategy. AutoMM> = 5000 is a conservative strategy.
  • Fix lot if AutoMM = 0 – fixed lot for the first deal in the series.
  • Recovery Mode – if set to true, the EA will close all deals only with a profit, but the logic of its work may be violated. If the parameter is set to false, the EA will work according to its own logic, and a series of orders can be closed at a loss.
  • Martin Ratio – martingale ratio for a series of orders.
  • First real deal from this level – the higher the value, the less often the advisor will open deals, but the quality of deals will be better.

Recommended inputs (balanced risk)

  • AUDNZD, NZDCAD, AUDCAD
  • Only one symbol? = false
  • For Auto lot use: equity
  • AutoMM = 2000
  • Recovery Mode = true
  • First real deal = 3

The minimum balance is $ 1,000, the recommended leverage is 1: 200 and higher.

An Expert Advisor with such settings works on the Fastway signal ( see the example of setting up the terminal ).

Recommended inputs (balanced risk):

  • 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

The minimum balance is $ 5,000, the recommended leverage is 1: 200 and higher.

These settings are used on North East Way and Multi-Way signals.

Launch the Expert Advisor on a chart with the M15 timeframe. Email me after purchasing the advisor. I will send you set files with all my settings.

MetaTrader 4 version: NorthEastWay MT4

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