North East Way EA MT4 V1.312

What is North East Way EA MT4?

The North East Way EA MT4 is a fully automated Expert Advisor designed for forex trading, specifically for trading on popular pullback currency pairs like AUDCAD, AUDNZD, and NZDCAD. An Expert Advisor (EA) is a software application integrated into the MetaTrader platform that executes trading strategies automatically based on pre-set rules. For beginner forex traders, an EA like North East Way EA can be incredibly beneficial, as it automates trading processes, minimizes the impact of emotional trading, and helps consistently apply a tested strategy.

• Vender: https://www.mql5.com/en/market/product/47824

Key Takeaways

• Automated Trading: Eliminates the need for manual trading, reducing emotional decisions.
• Pattern Recognition: Utilizes market patterns to make informed trading decisions.
• Ease of Use: Suitable for beginners with straightforward setup and operation.
• Risk Management: Incorporates features to manage trading risks effectively.

Key Features

• Automated Pullback Trading: Automatically identifies and trades pullbacks in the market.
• Multi-Currency Support: Trades multiple currency pairs from a single chart.
• Not Sensitive to Broker Conditions: Performs reliably regardless of spread, slippage, or other broker-related variables.
• Open Prices Testing: Efficient backtesting with “open prices only” for faster results.
• Long-term Stability: Proven performance over 5-10 years of market conditions.
• Customizable Settings: Adjust parameters like AutoMM, Recovery Mode, and Martingale ratio for personalized risk management.

North East Way EA MT4 Setting & Recommendations

• Platform: MT4
• Currency pairs: AUDNZD, NZDCAD, AUDCAD (additional: EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD)
• TimeFrame: M15
• Minimum account balance: $1000
• Preset: OneChartSetup with recommended pairs
• VPS: Recommended for continuous operation
• Broker: Low spread, low slippage brokers are ideal

North East Way EA MT4 Review

The North East Way EA MT4 works as promised, providing a reliable solution for automated pullback trading. Users have reported achieving consistent results with this EA, particularly noting its effectiveness in trading recommended currency pairs. While it may require an initial setup and familiarization period, it delivers on its promise of automating trading and managing risks, making it a valuable tool for both beginner and experienced traders.

North East Way EA MT4 Download:

• Link download expert: North East Way EA MT4 .ex4

Download link, Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.

Payment:

• Payment Options: PayPal, credit card, USDT TRC20, Binance Pay

Risk Warning:

• Forex trading is highly risky and can lead to the total loss of your investment; use Forex EAs cautiously and they cannot replace your trading decisions.
• Past performance is not a guarantee of future profits.
• Always test EAs on a demo account before applying them to a live account.